Export Potential of the Republic of Crimea in the Direction of Production and Sales of Essential Oils
O. N. Gutnikova ()
International Trade and Trade Policy, 2025, vol. 11, issue 4
Abstract:
This article examines the resource base of the Russian Federation and the Republic of Crimea for essential oils and assesses the infrastructure of the regional perfume and cosmetics market, including essential oils and resinoids. Regional producers that form the supply chain for the essential oils market are identified. Statistical information reflecting the state of the crop production industry in terms of increasing the area allocated for growing perennial and annual essential oils is analyzed, and the dynamics of changes in the gross harvest of essential oil crops are noted. The status of foreign trade operations is examined, and foreign economic policy directions for increasing exports to partner countries are identified. The export potential of the country and the region in terms of the production and sale of essential oils is assessed, and potential exporters of regional products are identified. A decrease in the volume of essential oils and resinoids imported is noted, due to an increase in domestic production. Government regulation instruments aimed at supporting the industry and developing exports are identified.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:acl:journl:y:2025:id:839
DOI: 10.21686/2410-7395-2025-4-133-144
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