Perfumes continue to hold significant global demand, with exports from various countries reaching an impressive total of USD 27.2 billion in 2023.

This marks a notable increase in the global value of exported perfumes, which has grown by an average of 28.1% since 2019, when total shipments amounted to USD 21.2 billion. Between 2022 and 2023, the international sale of perfumes saw a 10% rise, up from USD 24.7 billion in the previous year.

The five leading exporters of perfumes globally—France, Spain, Germany, Italy, and the United States—collectively made up nearly two-thirds (64.2%) of the world's perfume exports in 2023.

European countries dominated the perfume export market in 2023, with shipments valued at USD 20.3 billion, representing roughly three-quarters (74.6%) of the global total. Asian exporters followed with a 14.1% share, while 8% of global perfume exports originated from North America.

Smaller portions of global perfume exports came from Latin America (2.3%) excluding Mexico but including the Caribbean, Africa (0.6%), and Oceania (0.3%), predominantly Australia.

For classification purposes, perfumes and toilet waters fall under the 4-digit Harmonized Tariff System code 3303. This code specifically excludes items such as aftershave lotions, personal deodorants, and hair lotions.

Leading Perfume Exporting Countries in 2023

The following are the 15 countries with the highest dollar value in exported perfumes for 2023:

· France: USD 7.6 billion (27.9% of total exports)

· Spain: USD 3.2 billion (11.8%)

· Germany: USD 2.5 billion (9%)

· Italy: USD 2.2 billion (8%)

· United States: USD 2 billion (7.4%)

· Singapore: USD 1.4 billion (5%)

· Netherlands: USD 872.2 million (3.2%)

· Czech Republic: USD 784.4 million (2.9%)

· United Kingdom: USD 744.1 million (2.7%)

· United Arab Emirates: USD 682.1 million (2.5%)

· Poland: USD 634.2 million (2.3%)

· Belgium: USD 577.6 million (2.1%)

· Hong Kong: USD 498.7 million (1.8%)

· Panama: USD 415.4 million (1.5%)

· Mainland China: USD 367.4 million (1.4%)

These top 15 countries accounted for 89.7% of global perfume exports in 2023.

Among these leading exporters, mainland China, Belgium, Italy, and the United States showed the most significant growth between 2022 and 2023, with increases of 49.6%, 47.9%, 40.1%, and 26.2%, respectively. In contrast, the United Arab Emirates was the only top exporter to experience a decline, with a significant drop of 67.9% in perfume export sales compared to 2022.

Major Perfume Exporting Companies

According to Wikipedia, the following are the 10 largest companies in the perfume industry during the first half of 2024, each with significant sales on international markets:

1. PRAGATI GLASS PRIVATE LIMITED (31.86%, USD 226.81 Million)

2. SPECTRAA CARE PRIVATE LIMITED (9.38%, USD 66.77 Million)

3. CÔNG TY TNHH PROCTER AND GAMBLE ĐÔNG DƯƠNG (5.4%, USD 38.46 Million)

4. PT GEMBIRA (4.85%, USD 34.51 Million)

5. BEL STAR S.A. (4.64%, USD 33.01 Million)

6. MARICO LIMITED (3.33%, USD 23.68 Million)

7. HERTZ CHEMICALS PVT LTD (2.49%, USD 17.73 Million)

8. ACO PERFUMES AND COSMETICS LLP (1.98%, USD 14.09 Million)

9. DUFRY (1.41%, USD 10.03 Million)

10. NOUVELLE PARFUMERIE GANDOUR CI (0.86%, USD 6.14 Million)

These companies play a significant role in the global perfume market, contributing to the extensive network of perfume exports worldwide.

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