Report Update: Apr 1, 2024

Germany - Candles And Tapers - Market Analysis, Forecast, Size, Trends And Insights

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Candles and Tapers Price in Germany - 2023

Candles and Tapers Price in Germany (CIF) - 2023

The average candles and tapers import price stood at $3,576 per ton in July 2023, with a decrease of -3.3% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 23% against the previous month. Over the period under review, average import prices hit record highs at $4,025 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($6,557 per ton), while the price for Poland ($3,006 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Candles and Tapers Price in Germany (FOB) - 2023

The average candles and tapers export price stood at $3,924 per ton in July 2023, which is down by -12.6% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 15% month-to-month. Over the period under review, the average export prices reached the maximum at $5,034 per ton in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Switzerland ($5,185 per ton), while the average price for exports to Denmark ($2,358 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Candles and Tapers Imports in Germany

In 2022, the amount of candles and tapers imported into Germany rose to 193K tons, with an increase of 2.5% compared with 2021 figures. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 8.4% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, candles and tapers imports skyrocketed to $691M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Candles and Tapers in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	183	204	256	330	21.7%
China	49.0	40.5	63.3	103	28.1%
Netherlands	52.8	89.4	79.5	80.1	14.9%
Hungary	22.8	21.2	30.6	35.3	15.7%
Portugal	15.1	11.9	14.7	22.1	13.5%
Belgium	4.4	10.5	13.6	21.0	68.4%
Others	80.7	67.6	80.5	98.9	7.0%
Total	408	445	538	691	19.2%

Top Suppliers of Candles and Tapers to Germany in 2022:

Poland (110.3K tons)
China (26.5K tons)
Netherlands (12.6K tons)
Hungary (12.0K tons)
Portugal (6.4K tons)
Belgium (6.0K tons)

Candles and Tapers Exports in Germany

In 2022, exports of candles and tapers from Germany declined to 59K tons, which is down by -9.7% on 2021 figures. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. As a result, the exports reached the peak of 65K tons, and then contracted in the following year.

In value terms, candles and tapers exports expanded sharply to $236M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Candles and Tapers in Germany (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	43.7	46.6	61.8	68.1	15.9%
Switzerland	19.7	18.6	22.3	27.6	11.9%
Poland	9.7	13.4	19.6	19.5	26.2%
Belgium	7.5	8.0	12.1	14.6	24.9%
France	10.7	9.4	10.8	14.3	10.1%
Netherlands	10.4	10.3	11.8	13.3	8.5%
Italy	9.5	8.2	9.2	11.2	5.6%
Czech Republic	6.2	6.1	7.6	9.9	16.9%
United Kingdom	9.8	8.1	6.1	6.7	-11.9%
Norway	3.6	4.3	5.1	6.1	19.2%
Slovakia	1.8	3.5	4.9	5.8	47.7%
Denmark	3.1	3.4	5.1	4.8	15.7%
Hungary	2.5	3.2	3.5	4.3	19.8%
Others	23.5	21.9	28.6	30.3	8.8%
Total	162	165	208	236	13.4%

Top Export Markets for Candles and Tapers from Germany in 2022:

Austria (17.8K tons)
Belgium (5.5K tons)
Switzerland (4.9K tons)
Netherlands (3.7K tons)
Poland (3.7K tons)
France (3.6K tons)
Italy (2.8K tons)
Czech Republic (2.8K tons)
Denmark (1.7K tons)
United Kingdom (1.6K tons)
Slovakia (1.5K tons)
Norway (1.3K tons)
Hungary (1.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the candles and tapers market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32995400 - Candles, tapers and the like (including night lights fitted with a float) (excluding anti-asthmatic candles, wax matches or vestas, sulphur-treated bands, wicks and candles)

Country coverage:

Germany

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Germany
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023