Germany - Vegetable Waxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVegetable Waxes Price in Germany - 2023
Contents:
- Vegetable Waxes Price in Germany (CIF) - 2023
- Vegetable Waxes Price in Germany (FOB) - 2023
- Vegetable Waxes Imports in Germany
- Vegetable Waxes Exports in Germany
Vegetable Waxes Price in Germany (CIF) - 2023
In June 2023, the average vegetable waxes import price amounted to $5,955 per ton, picking up by 10% against the previous month. Overall, the import price, however, saw a slight setback. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 32% month-to-month. The import price peaked at $7,516 per ton in July 2022; however, from August 2022 to June 2023, 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 the Netherlands ($10,177 per ton), while the price for India ($1,521 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 the Netherlands (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Waxes Price in Germany (FOB) - 2023
In June 2023, the average vegetable waxes export price amounted to $13,552 per ton, jumping by 41% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was the Philippines ($21,537 per ton), while the average price for exports to India ($1,570 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Waxes Imports in Germany
In 2022, approx. 5K tons of vegetable waxes were imported into Germany; picking up by 8% compared with the previous year. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.8% 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 +76.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, vegetable waxes imports amounted to $33M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Vegetable Waxes in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 17.6 | 17.3 | 19.7 | 17.5 | -0.2% |
| China | 0.5 | 0.4 | 2.6 | 5.9 | 127.7% |
| Netherlands | 0.5 | 1.5 | 1.9 | 2.7 | 75.4% |
| Mexico | 0.7 | 0.6 | 1.4 | 1.9 | 39.5% |
| India | 0.9 | 1.1 | 2.0 | 1.8 | 26.0% |
| Belgium | 0.1 | 0.4 | 0.8 | 0.9 | 108.0% |
| Poland | N/A | 0.2 | 0.4 | 0.3 | 22.5% |
| Others | 0.9 | 1.0 | 2.5 | 1.9 | 28.3% |
| Total | 21.2 | 22.6 | 31.4 | 32.8 | 15.7% |
Top Suppliers of Vegetable Waxes to Germany in 2022:
- Brazil (2086.1 tons)
- China (1722.1 tons)
- Netherlands (329.4 tons)
- Belgium (194.4 tons)
- Mexico (179.9 tons)
- India (161.2 tons)
- Poland (80.9 tons)
Vegetable Waxes Exports in Germany
After three years of growth, shipments abroad of vegetable waxes decreased by -25.2% to 1.4K tons in 2022. Overall, total exports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% 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 +6.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 38%. As a result, the exports reached the peak of 1.9K tons, and then contracted markedly in the following year.
In value terms, vegetable waxes exports plummeted to $17M in 2022. The total export value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, the exports attained the peak of $20M, and then shrank sharply in the following year.
| Export of Vegetable Waxes in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2,198 | 2,663 | 3,941 | 2,812 | 8.6% |
| Netherlands | 2,808 | 2,849 | 3,304 | 1,759 | -14.4% |
| Poland | 567 | 851 | 1,381 | 1,168 | 27.2% |
| Russia | 563 | 606 | 857 | 1,162 | 27.3% |
| United States | 768 | 810 | 1,345 | 931 | 6.6% |
| United Kingdom | 662 | 754 | 558 | 923 | 11.7% |
| South Korea | 351 | 306 | 692 | 588 | 18.8% |
| Italy | 587 | 583 | 813 | 515 | -4.3% |
| Slovakia | 416 | 335 | 380 | 480 | 4.9% |
| Mexico | 71.7 | 132 | 442 | 473 | 87.5% |
| Spain | 1,491 | 947 | 954 | 441 | -33.4% |
| Luxembourg | 259 | 275 | 382 | 426 | 18.0% |
| India | 148 | 142 | 210 | 249 | 18.9% |
| Others | 3,365 | 3,261 | 4,476 | 4,643 | 11.3% |
| Total | 14,255 | 14,515 | 19,737 | 16,570 | 5.1% |
Top Export Markets for Vegetable Waxes from Germany in 2022:
- France (319.4 tons)
- Netherlands (191.8 tons)
- Poland (101.3 tons)
- Russia (98.0 tons)
- United States (65.8 tons)
- United Kingdom (63.7 tons)
- Italy (38.6 tons)
- Slovakia (38.1 tons)
- South Korea (37.5 tons)
- Spain (36.6 tons)
- Luxembourg (34.3 tons)
- India (33.3 tons)
- Mexico (30.2 tons)
This report provides an in-depth analysis of the vegetable waxes 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 10417100 - Vegetable waxes (including refined) (excluding triglycerides)
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.
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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
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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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