Belgium - Worked Articles Of Wax - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWorked Wax Articles Price in Belgium - 2023
Contents:
- Worked Wax Articles Price in Belgium (FOB) - 2022
- Worked Wax Articles Price in Belgium (CIF) - 2022
- Worked Wax Articles Exports in Belgium
- Worked Wax Articles Imports in Belgium
Worked Wax Articles Price in Belgium (FOB) - 2022
The average worked wax articles export price stood at $8.3 per thousand units in 2022, dropping by -22.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 26%. The export price peaked at $11 per thousand units in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($17 per thousand units), while the average price for exports to Hungary ($4.7 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Worked Wax Articles Price in Belgium (CIF) - 2022
In 2022, the average worked wax articles import price amounted to $3.2 per thousand units, declining by -52.1% against the previous year. Over the period under review, the import price, however, saw a mild expansion. The pace of growth was the most pronounced in 2015 an increase of 350% against the previous year. The import price peaked at $7.4 per thousand units in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($12 per thousand units), while the price for the UK ($0.2 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Worked Wax Articles Exports in Belgium
In 2022, after three years of growth, there was decline in shipments abroad of worked articles of wax, when their volume decreased by -0.8% to 22B units. The total export volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 7.2% against the previous year. Over the period under review, the exports reached the peak figure at 22B units in 2021, and then declined in the following year.
In value terms, worked wax articles exports shrank rapidly to $182M in 2022. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 5.5%. As a result, the exports reached the peak of $236M, and then fell notably in the following year.
Export of Worked Wax Articles in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 38.0 | 37.7 | 31.7 | 25.6 | -12.3% |
France | 30.3 | 27.3 | 34.0 | 19.2 | -14.1% |
Turkey | 11.2 | 9.0 | 10.9 | 11.7 | 1.5% |
Russia | 9.2 | 9.9 | 11.3 | 11.3 | 7.1% |
Poland | 10.9 | 11.0 | 13.4 | 10.8 | -0.3% |
Italy | 13.4 | 13.8 | 15.5 | 9.8 | -9.9% |
Spain | 3.9 | 13.9 | 9.9 | 9.3 | 33.6% |
United Kingdom | 9.6 | 10.0 | 9.0 | 9.2 | -1.4% |
Hungary | 8.4 | 12.3 | 10.9 | 8.1 | -1.2% |
Algeria | 5.2 | 4.4 | 6.7 | 7.5 | 13.0% |
Slovenia | 6.9 | 8.9 | 9.8 | 6.2 | -3.5% |
Ireland | 7.7 | 8.3 | 7.8 | 5.4 | -11.2% |
Egypt | 4.9 | 7.0 | 4.4 | 3.9 | -7.3% |
Others | 52.9 | 50.4 | 61.3 | 44.1 | -5.9% |
Total | 213 | 224 | 236 | 182 | -5.1% |
Top Export Markets for Worked Wax Articles from Belgium in 2022:
- France (3.8B units)
- Russia (2.0B units)
- Spain (1.9B units)
- Hungary (1.7B units)
- Germany (1.5B units)
- Turkey (1.2B units)
- Poland (1.2B units)
- Italy (1.0B units)
- United Kingdom (0.9B units)
- Algeria (0.7B units)
- Slovenia (0.6B units)
- Egypt (0.5B units)
- Ireland (0.4B units)
Worked Wax Articles Imports in Belgium
Worked wax articles imports into Belgium soared to 3.2B units in 2022, with an increase of 24% on the year before. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +77.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, worked wax articles imports declined dramatically to $10M in 2022. Overall, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 30%. As a result, imports attained the peak of $17M, and then shrank sharply in the following year.
Import of Worked Wax Articles in Belgium (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3.5 | 4.8 | 5.4 | 4.2 | 6.3% |
France | 6.4 | 3.2 | 5.6 | 2.9 | -23.2% |
Japan | 2.3 | 1.2 | 5.0 | 1.0 | -24.2% |
China | N/A | N/A | 0.1 | 1.0 | 900.0% |
Germany | 0.2 | 3.6 | 0.5 | 0.5 | 35.7% |
Netherlands | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
India | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
Total | 13.2 | 13.4 | 17.4 | 10.3 | -7.9% |
Top Suppliers of Worked Wax Articles to Belgium in 2022:
- China (774.8M units)
- United States (762.7M units)
- France (558.3M units)
- United Kingdom (293.8M units)
- Germany (229.2M units)
- Netherlands (190.1M units)
- India (151.5M units)
- Japan (82.9M units)
This report provides an in-depth analysis of the worked wax articles 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 32995940 - Worked vegetable or mineral..., moulded... articles of wax, s tearin,
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
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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
This report provides an in-depth analysis of the worked wax articles market in Belgium.
This report provides an in-depth analysis of the global worked wax articles market.
This report provides an in-depth analysis of the worked wax articles market in Belgium.
This report provides an in-depth analysis of the global worked wax articles market.
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