full share of the advance in German export trade and, as will be seen 

 to from the figures given below, our branch has no cause for dissatisfaction 

 with the results achieved: — 



German foreign trade in essential oils 1 ) 



Exports 

 599 300 kilos 

 547 600 „ 

 512 600 „ 

 390 800 „ 

 491 700 „ 



German foreign trade in artificial odoriferous substances*) 

 Imports Exports 



In 1911: 

 „ 1910: 



„ 1909: 16100 „ 417100 



„ 1908: 11300 „ 280 000 





Imports 



In 1911 



1 251 500 kilos 



n 1910 



1524 300 „ 



„ 1909 



755 800 „ 



„ 1908 



911300 „ 



n 1907 



1 498 600 „ 



17 300 kilos 492 800 kilos 



17 900 „ 428 800 „ 



It will be seen from these statistics that the imports of essential oils 

 as well as of artificial odoriferous substances have fallen off in a not in- 

 considerable degree, while it is satisfactory to note that the exports of 

 the former have risen by over 50 000 kilos and of the latter by as much 

 as 64 000 kilos. The German artificial perfume industry has a right to 

 be particularly proud of this result, because it has been achieved in a 

 branch in which foreign, and especially Swiss, competition is extremely 

 keen. As in previous years so in 1911 a very important share of the total 

 imports of essential oils falls to the account of our firm. Our receipts 

 of camphor oil alone amounted to about one-fourth of the entire imports. 



In point of fact our business during the past year has been marked 

 by a steady and healthy increase in turnover, and by such briskness in 

 almost every consuming market that from the very commencement of the 

 year, and in spite of the incidents which, as stated above, disturbed the 

 course of trade at intervals, a favourable financial result appeared to be 

 assured. The already excellent demand for our manufactures in almost 

 all consuming markets was further assisted by the rising tendency of 

 certain important articles, such as menthol, sandalwood oil and — 

 tov/ards the close of the year — the Italian essences, with the result 

 that our business developed to such a degree as to throw completely in 

 the shade even the record year 1907. We certainly have no cause to draw 

 other than a most favourable picture of our operations in the year 1911, 

 and we are convinced that every firm in our branch of industry which 



*) Statistisches Warenverzeichnis No. 353 b/c. 

 2 ) Statistisches Warenverzeichnis No. 354. 



