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Candles and Tapers Market

Candles and tapers market: find new datasets provided by an Ai-driven BI tool. Datasets include production, market size, exports, market prices, imports, trade, consumption, and companies. Here is a split by region, including China, EU, Latin America, the U.S., the U.K., Russia, Africa, and the Middle East. Market trends and forecast to 2030 are also featured in the dashboards.

Get FREE access to the latest REPORT on the Candles and Tapers Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Candles and Tapers - World's Largest Markets

Rating	Country
1	China
2	United States
3	India
4	Bangladesh
5	Russia

In value terms, China, the United States and India were the countries with the highest levels of market value in 2020, together accounting for 51% of the global market. Bangladesh, Russia, Brazil, Indonesia, Germany, the UK, Thailand, Mexico and Poland lagged somewhat behind, together accounting for a further 27%.

Bangladesh saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while candles and tapers market for the other global leaders experienced more modest paces of growth.

Candles And Tapers Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Mexico	1280	1213	1205	-3.0%
Poland	2013	1947	2014	0.0%
China	2237	2199	2314	1.7%
Netherlands	2450	2539	2590	2.8%
Canada	2700	2804	2761	1.1%
Belgium	3306	3259	2788	-8.2%
Germany	3010	2866	2927	-1.4%
Vietnam	3015	3181	3674	10.4%
Czech Republic	3465	4421	5154	22.0%
United States	5783	5124	5416	-3.2%
Average	2626	2579	2756	2.4%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($5,416 per ton), while Mexico ($1,205 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Canada	4097	3992	3916	-2.2%
France	3557	3276	3543	-0.2%
United Kingdom	3316	3449	3281	-0.5%
United States	3146	3116	3084	-1.0%
Belgium	2154	2695	3043	18.9%
Netherlands	2431	2269	2919	9.6%
Italy	2601	2956	2911	5.8%
Czech Republic	2475	2802	2909	8.4%
Austria	3054	2830	2549	-8.6%
Germany	2593	2482	2541	-1.0%
Poland	2182	2667	2495	6.9%
Sweden	2362	2262	2402	0.8%
Romania	1869	1860	1918	1.3%
Average	2680	2735	2897	4.0%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Canada ($3,916 per ton), while Romania ($1,918 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Candles and Tapers - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.5	0.6	0.7	17.6%
Germany	0.4	0.4	0.4	0.9%
United Kingdom	0.3	0.3	0.3	5.2%
Netherlands	0.2	0.2	0.2	1.1%
France	0.1	0.1	0.1	-1.9%

In value terms, the largest candles and tapers importing markets worldwide were the United States ($747M), Germany ($440M) and the UK ($311M), with a combined 45% share of global imports.

The United States saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Candles and Tapers - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.7	0.7	0.6	-3.6%
Poland	0.6	0.6	0.6	2.1%
Vietnam	0.2	0.3	0.3	21.7%
Netherlands	0.2	0.2	0.2	1.0%
United States	0.2	0.2	0.2	-4.1%

In value terms, China ($634M), Poland ($609M) and Vietnam ($347M) were the countries with the highest levels of exports in 2020, together comprising 47% of global exports. These countries were followed by the Netherlands, the United States, Canada, Germany, the Czech Republic, Belgium and Mexico, which together accounted for a further 31%.

Among the main exporting countries, the Czech Republic (+80.0% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Candles and Tapers - Market Forecast

Driven by increasing demand for candles and tapers worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.