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Austria - Vegetable Waxes - Market Analysis, Forecast, Size, Trends And Insights
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Austria: Vegetable Waxes Market Overview 2021

Vegetable Waxes Market Size in Austria

In 2019, the Austrian vegetable waxes market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a deep contraction. The pace of growth was the most pronounced in 2010 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2011 to 2019, the growth of the market failed to regain the momentum.

Vegetable Waxes Production in Austria

In value terms, vegetable waxes production amounted to $X in 2019 estimated in export prices. In general, production continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2018 to 2019, production growth remained at a lower figure.

Vegetable Waxes Exports

Exports from Austria

In 2019, approx. X tonnes of vegetable waxes were exported from Austria; increasing by X% compared with 2018. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. From 2018 to 2019, the growth exports remained at a lower figure.

In value terms, vegetable waxes exports skyrocketed to $X in 2019. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X tonnes) was the main destination for vegetable waxes exports from Austria, accounting for a X% share of total exports. Moreover, vegetable waxes exports to the Czech Republic exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X tonnes), twofold.

From 2007 to 2019, the average annual growth rate of volume to the Czech Republic was relatively modest.

In value terms, the Czech Republic ($X) emerged as the key foreign market for vegetable waxes exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Bosnia and Herzegovina ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the Czech Republic was relatively modest.

Export Prices by Country

In 2019, the average vegetable waxes export price amounted to $X per tonne, surging by X% against the previous year. In general, the export price showed a mild expansion. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Czech Republic ($X per tonne), while the average price for exports to Bosnia and Herzegovina totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic.

Vegetable Waxes Imports

Imports into Austria

In 2019, approx. X tonnes of vegetable waxes were imported into Austria; jumping by X% compared with the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2009 to 2019, the growth imports remained at a lower figure.

In value terms, vegetable waxes imports soared to $X in 2019. Overall, imports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Germany (X tonnes) constituted the largest supplier of vegetable waxes to Austria, with a X% share of total imports. Moreover, vegetable waxes imports from Germany exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), fourfold. The Netherlands (X kg) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of vegetable waxes to Austria, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Germany amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average vegetable waxes import price stood at $X per tonne in 2019, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a noticeable decline. The growth pace was the most rapid in 2015 an increase of X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetable waxes in the world?
+
Indonesia (27K tonnes) constituted the country with the largest volume of vegetable waxes consumption, accounting for 51% of total volume. Moreover, vegetable waxes consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Brazil (4.2K tonnes), sixfold. China (3.8K tonnes) ranked third in terms of total consumption with a 7.2% share.
What are the largest producers of vegetable waxes in the world?
+
The countries with the highest volumes of vegetable waxes production in 2019 were Indonesia (27K tonnes), Brazil (20K tonnes) and Malaysia (1.6K tonnes), with a combined 95% share of global production. These countries were followed by Mexico and Belgium, which together accounted for a further 3.5%.
What are the leading suppliers of vegetable waxes to Austria?
+
In value terms, Germany ($85K) constituted the largest supplier of vegetable waxes to Austria, comprising 65% of total imports. The second position in the ranking was occupied by Brazil ($35K), with a 27% share of total imports. It was followed by the Netherlands, with a 7% share.
What are the leading importers of vegetable waxes from Austria?
+
In value terms, the Czech Republic ($35K) emerged as the key foreign market for vegetable waxes exports from Austria, comprising 81% of total exports. The second position in the ranking was occupied by Bosnia and Herzegovina ($6.8K), with a 16% share of total exports.
What is the average export price for vegetable waxes in Austria?
+
The average vegetable waxes export price stood at $6,546 per tonne in 2019, picking up by 66% against the previous year.
What is the average import price for vegetable waxes in Austria?
+
The average vegetable waxes import price stood at $9,363 per tonne in 2019, reducing by -9.9% against the previous year.

Product coverage:
• Prodcom 10417100 - Vegetable waxes (including refined) (excluding triglycerides)

This report provides an in-depth analysis of the vegetable waxes market in Austria. 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 2025.


Country coverage:
• Austria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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