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The aroma and fragrance sector, as an important sub-sector of the chemical industry, is gaining more prominence in the Turkish economy every day. However, it is quite difficult to find detailed and up-to-date export figures specifically under the heading “aroma and fragrance sector.” These figures are generally “odoriferous substances” or “chemical industry” are reported under broader categories such as.
Based on current data, we can summarize the export figures for the sector as follows:
- Overall Performance of the Chemical Industry: The chemical substances and products sector is one of Turkey's largest export sectors. For example, it reached a record high in 2022 with exports worth $33.6 billion. This overall success shows that sub-sectors such as aromas and essences are also experiencing strong growth.
- Odor-producing substances: According to reports from the Ministry of Trade, fragrance-giving substances and mixtures used in industry and beverage manufacturing Exports of the product group titled have shown a steady increase over the years. In 2022, the export figure for this product group exceeded $500 million. Part of this figure consists directly of aroma and essence products.
- Target Markets for Exports: Turkey's aroma and essence exports are mainly to European Union countries, the Middle East, and Turkic Republics. Some major companies in the sector have stated that they are targeting total revenues of over $130 million for 2023, with a significant portion of this coming from exports.
Companies in the sector are also continuously conducting R&D and innovation activities to increase their export potential. This will contribute to a further increase in export figures in the future.
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