Increased Demand for Réunion's Essential Oils in the U.S. Market
Recent reports indicate a surge in U.S. demand for essential oils, particularly geranium and ylang-ylang oils from Réunion, driven by the growing natural cosmetics industry. Trade data shows a 12% increase in imports under HS Code 3301 from Réunion in the last quarter.
2023-10-15
Impact: This trend is likely to boost export revenues for Réunion producers and strengthen trade ties with the U.S., though supply chain constraints may limit short-term growth.
U.S. Importers Face Delays in Réunion Essential Oil Shipments
Logistical challenges, including port congestion and labor shortages in Réunion, have delayed shipments of essential oils and oleoresins to the U.S. market. This has affected availability of products under HS Code 3301.
2023-09-28
Impact: Delays could lead to temporary shortages in the U.S., potentially increasing prices and prompting importers to seek alternative suppliers if issues persist.
Réunion Essential Oil Producers Eye U.S. Trade Shows for Expansion
Producers from Réunion participated in a major U.S. trade show to promote their essential oils, resinoids, and oleoresins, aiming to secure new contracts with American buyers under HS Code 3301 classifications.
2023-08-10
Impact: Increased visibility may lead to new trade partnerships, potentially increasing export volumes to the U.S. in the coming months, provided marketing efforts translate into firm orders.
