Poland - Vegetable Waxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVegetable Waxes Price in Poland - 2023
Contents:
- Vegetable Waxes Price in Poland (CIF) - 2023
- Vegetable Waxes Price in Poland (FOB) - 2022
- Vegetable Waxes Imports in Poland
- Vegetable Waxes Exports in Poland
Vegetable Waxes Price in Poland (CIF) - 2023
The average vegetable waxes import price stood at $8,649 per ton in June 2023, increasing by 79% against the previous month. Over the period under review, the import price posted resilient growth. The pace of growth was the most pronounced in July 2022 an increase of 167% m-o-m. The import price peaked at $17,264 per ton in January 2023; however, from February 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($24,417 per ton), while the price for Belgium ($3,700 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 UK (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Waxes Price in Poland (FOB) - 2022
In 2022, the average vegetable waxes export price amounted to $4,375 per ton, increasing by 56% against the previous year. Overall, the export price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2018 an increase of 81%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($13,538 per ton), while the average price for exports to Spain ($2,184 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 Spain (+49.1%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Waxes Imports in Poland
In 2022, overseas purchases of vegetable waxes decreased by -19% to 332 tons, falling for the second year in a row after two years of growth. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 25%. As a result, imports reached the peak of 498 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, vegetable waxes imports shrank markedly to $1.8M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.5% 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 +21.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of $2.3M, and then dropped dramatically in the following year.
| Import of Vegetable Waxes in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 433 | 527 | 838 | 560 | 9.0% |
| Belgium | N/A | 0.8 | 57.3 | 242 | 1639.3% |
| United States | 257 | 104 | 573 | 230 | -3.6% |
| China | 22.2 | 5.8 | 30.2 | 127 | 78.8% |
| Indonesia | 208 | 330 | 149 | 114 | -18.2% |
| Lithuania | N/A | N/A | 82.6 | 99.3 | 20.2% |
| Sweden | N/A | N/A | 53.6 | 47.2 | -11.9% |
| United Kingdom | 328 | 266 | 82.9 | 28.0 | -56.0% |
| Others | 220 | 226 | 413 | 324 | 13.8% |
| Total | 1,468 | 1,460 | 2,280 | 1,772 | 6.5% |
Top Suppliers of Vegetable Waxes to Poland in 2022:
- Indonesia (65.3 tons)
- Belgium (56.7 tons)
- Lithuania (44.0 tons)
- United States (37.3 tons)
- China (35.1 tons)
- Germany (34.8 tons)
- Sweden (16.9 tons)
- United Kingdom (3.7 tons)
Vegetable Waxes Exports in Poland
In 2022, approx. 111 tons of vegetable waxes were exported from Poland; declining by -14.9% compared with 2021. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 385% against the previous year. As a result, the exports attained the peak of 131 tons, and then shrank in the following year.
In value terms, vegetable waxes exports surged to $488K in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 247%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Vegetable Waxes in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | 140 | 140 | 0.0% |
| Russia | 23.7 | 43.8 | 24.5 | 71.3 | 44.4% |
| United Kingdom | N/A | 10.3 | 38.0 | 60.5 | 142.4% |
| Germany | N/A | N/A | 43.4 | 58.3 | 34.3% |
| Portugal | N/A | N/A | 11.6 | 30.9 | 166.4% |
| Czech Republic | N/A | N/A | 17.6 | 30.1 | 71.0% |
| Sweden | 0.5 | 0.1 | 6.3 | 15.9 | 216.8% |
| Canada | N/A | 4.0 | 19.1 | 10.7 | 63.6% |
| Belarus | 2.4 | 6.4 | 3.1 | 4.3 | 21.5% |
| Lithuania | 29.9 | N/A | 0.6 | 2.0 | -59.4% |
| Romania | 34.5 | 11.3 | 0.3 | 0.1 | -85.7% |
| Others | 14.8 | 30.4 | 64.1 | 63.6 | 62.6% |
| Total | 106 | 106 | 368 | 488 | 66.4% |
Top Export Markets for Vegetable Waxes from Poland in 2022:
- Romania (undefined tons)
- Spain (64.0 tons)
- United Kingdom (8.7 tons)
- Germany (7.7 tons)
- Czech Republic (7.3 tons)
- Portugal (6.6 tons)
- Russia (5.3 tons)
- Sweden (2.8 tons)
- Canada (1.6 tons)
- Belarus (1.2 tons)
- Lithuania (0.1 tons)
This report provides an in-depth analysis of the vegetable waxes market in Poland. 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:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- 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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