Spain - Vegetable Waxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVegetable Waxes Price in Spain - 2023
Contents:
- Vegetable Waxes Price in Spain (CIF) - 2023
- Vegetable Waxes Price in Spain (FOB) - 2022
- Vegetable Waxes Imports in Spain
- Vegetable Waxes Exports in Spain
Vegetable Waxes Price in Spain (CIF) - 2023
In June 2023, the average vegetable waxes import price amounted to $4,493 per ton, declining by -57.8% against the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 229% against the previous month. As a result, import price attained the peak level of $14,327 per ton. From December 2022 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($20,068 per ton), while the price for Indonesia ($1,189 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 Japan (+2.5%), while the prices for the other major suppliers experienced a decline.
Vegetable Waxes Price in Spain (FOB) - 2022
In 2022, the average vegetable waxes export price amounted to $2,882 per ton, dropping by -28.6% against the previous year. Over the period under review, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 164% against the previous year. As a result, the export price attained the peak level of $6,775 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($5,621 per ton), while the average price for exports to Morocco ($1,590 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 Turkey (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Waxes Imports in Spain
Vegetable waxes imports into Spain reached 1.7K tons in 2022, therefore, remained relatively stable against 2021. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 15%. As a result, imports reached the peak of 1.8K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, vegetable waxes imports expanded sharply to $7.3M in 2022. The total import value increased at an average annual rate of +9.3% 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 2020 with an increase of 15% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Vegetable Waxes in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,778 | 2,865 | 2,178 | 3,294 | 5.8% |
| Indonesia | 663 | 748 | 1,081 | 1,061 | 17.0% |
| India | 278 | 757 | 1,178 | 801 | 42.3% |
| Germany | 1,361 | 974 | 788 | 633 | -22.5% |
| Lithuania | N/A | N/A | N/A | 472 | 0% |
| Greece | N/A | N/A | 130 | 135 | 3.8% |
| China | 7.1 | 48.5 | 67.9 | 128 | 162.2% |
| Malaysia | 19.1 | 132 | 60.9 | N/A | 78.6% |
| Others | 459 | 849 | 1,105 | 749 | 17.7% |
| Total | 5,565 | 6,373 | 6,589 | 7,273 | 9.3% |
Top Suppliers of Vegetable Waxes to Spain in 2022:
- Brazil (679.4 tons)
- Indonesia (529.7 tons)
- Lithuania (265.8 tons)
- Greece (60.0 tons)
- India (60.0 tons)
- Germany (58.2 tons)
- China (27.4 tons)
Vegetable Waxes Exports in Spain
Vegetable waxes exports from Spain surged to 429 tons in 2022, growing by 84% on the year before. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 128%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, vegetable waxes exports surged to $1.2M in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 101%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Vegetable Waxes in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 93.8 | 19.6 | 114 | 363 | 57.0% |
| Germany | 32.0 | 54.7 | 86.2 | 181 | 78.2% |
| France | 38.0 | 159 | 165 | 167 | 63.8% |
| Italy | 61.8 | 50.1 | 87.3 | 147 | 33.5% |
| Poland | 6.8 | 9.2 | 57.3 | 76.8 | 124.4% |
| Turkey | N/A | 16.6 | 82.8 | 61.3 | 92.2% |
| Netherlands | N/A | 2.6 | 24.3 | 24.7 | 208.2% |
| Libya | 24.9 | 0.1 | 16.0 | 14.8 | -15.9% |
| Tunisia | 56.1 | 1.9 | 1.2 | 11.1 | -41.7% |
| Morocco | N/A | 44.1 | 0.2 | 0.5 | -89.4% |
| Chile | 7.5 | 76.3 | 89.2 | N/A | 244.9% |
| Others | 33.5 | 35.8 | 220 | 188 | 77.7% |
| Total | 354 | 469 | 943 | 1,236 | 51.7% |
Top Export Markets for Vegetable Waxes from Spain in 2022:
- Portugal (219.7 tons)
- Germany (51.3 tons)
- Poland (37.3 tons)
- Italy (32.5 tons)
- France (29.7 tons)
- Turkey (14.4 tons)
- Netherlands (10.4 tons)
- Tunisia (5.8 tons)
- Libya (2.7 tons)
- Morocco (0.3 tons)
This report provides an in-depth analysis of the vegetable waxes market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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In June 2023, Vegetable Waxes imports saw a rapid growth of 369% month-to-month. However, in October 2023, the value of vegetable waxes imports dropped significantly to $237K.
179
From September 2022 to July 2023, the import growth of Vegetable Waxes failed to rebound. The import value of Vegetable Waxes decreased to $418K in July 2023.
61
From 2016 to 2023, the growth of Beeswax imports stayed at a slightly lower rate, with the value dropping significantly to $4.1M in 2023.
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In November 2022, the growth rate of Beeswax imports reached an impressive 319% compared to the previous month. However, the value of Beeswax imports declined to $278K in September 2023.
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In July 2022, the maize oil price per ton stood at $2.2K (CIF, Spain), rising by 4.8% against the previous month.
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