Belgium - Vegetable Waxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVegetable Waxes Price in Belgium - 2023
Contents:
- Vegetable Waxes Price in Belgium (CIF) - 2023
- Vegetable Waxes Price in Belgium (FOB) - 2022
- Vegetable Waxes Imports in Belgium
- Vegetable Waxes Exports in Belgium
Vegetable Waxes Price in Belgium (CIF) - 2023
In June 2023, the average vegetable waxes import price amounted to $6,823 per ton, reducing by -39.7% against the previous month. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 177% against the previous month. As a result, import price reached the peak level of $18,708 per ton. From April 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($39,986 per ton), while the price for China ($3,138 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Waxes Price in Belgium (FOB) - 2022
The average vegetable waxes export price stood at $4,393 per ton in 2022, shrinking by -6.3% against the previous year. In general, the export price saw a deep downturn. The growth pace was the most rapid in 2017 an increase of 45% against the previous year. As a result, the export price attained the peak level of $13,067 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($17,357 per ton), while the average price for exports to Germany ($3,960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Vegetable Waxes Imports in Belgium
In 2022, approx. 263 tons of vegetable waxes were imported into Belgium; which is down by -46.4% compared with the year before. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of 491 tons, and then contracted rapidly in the following year.
In value terms, vegetable waxes imports shrank rapidly to $3.1M in 2022. Overall, imports showed a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 37%. As a result, imports attained the peak of $4.2M, and then declined notably in the following year.
| Import of Vegetable Waxes in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,327 | 1,735 | 2,647 | 2,029 | -4.5% |
| France | 436 | 388 | 418 | 364 | -5.8% |
| United States | 199 | 175 | 330 | 215 | 2.6% |
| Germany | 17.5 | 141 | 97.8 | 102 | 80.0% |
| China | 0.9 | N/A | 45.9 | 96.6 | 375.2% |
| Netherlands | 151 | 294 | 202 | 59.0 | -26.9% |
| Spain | 244 | 183 | 237 | N/A | -1.4% |
| Sweden | N/A | N/A | 60.7 | N/A | 0% |
| Others | 109 | 128 | 134 | 199 | 22.2% |
| Total | 3,484 | 3,044 | 4,172 | 3,065 | -4.2% |
Top Suppliers of Vegetable Waxes to Belgium in 2022:
- Brazil (180.0 tons)
- France (24.5 tons)
- United States (20.9 tons)
- Germany (15.9 tons)
- China (12.5 tons)
- Netherlands (2.7 tons)
Vegetable Waxes Exports in Belgium
In 2022, the amount of vegetable waxes exported from Belgium declined to 242 tons, waning by -11.3% on the previous year's figure. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 228%. As a result, the exports attained the peak of 273 tons, and then declined in the following year.
In value terms, vegetable waxes exports shrank dramatically to $1.1M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 109% against the previous year. As a result, the exports reached the peak of $1.3M, and then contracted dramatically in the following year.
| Export of Vegetable Waxes in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 299 | 410 | 945 | 921 | 45.5% |
| Netherlands | 12.0 | 27.7 | 108 | 67.9 | 78.2% |
| France | 123 | 82.9 | 110 | 9.2 | -57.9% |
| United Kingdom | 556 | 7.4 | 2.6 | 4.7 | -79.6% |
| Others | 73.5 | 84.7 | 114 | 61.7 | -5.7% |
| Total | 1,064 | 613 | 1,281 | 1,064 | 0.0% |
Top Export Markets for Vegetable Waxes from Belgium in 2022:
- Germany (232.6 tons)
- Netherlands (3.9 tons)
- France (1.9 tons)
- United Kingdom (0.2 tons)
This report provides an in-depth analysis of the vegetable waxes market in Belgium. 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 10417100 - Vegetable waxes (including refined) (excluding triglycerides)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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