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

Vegetable Waxes Market Size in Denmark

The Danish vegetable waxes market amounted to $X in 2018, remaining relatively unchanged against the previous year. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017, and then amounted in the following year.

Vegetable Waxes Production in Denmark

In value terms, vegetable waxes production soared to $X in 2019 estimated in export prices. Overall, production, however, posted a modest increase. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Vegetable waxes production peaked at $X in 2010; however, from 2011 to 2019, production failed to regain the momentum.

Vegetable Waxes Exports

Exports from Denmark

In 2019, shipments abroad of vegetable waxes increased by X% to X tonnes, rising for the second year in a row after four years of decline. Overall, exports showed slight growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2010; however, from 2011 to 2019, exports failed to regain the momentum.

In value terms, vegetable waxes exports surged to $X in 2019. In general, exports enjoyed measured growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Exports peaked at $X in 2010; however, from 2011 to 2019, exports remained at a lower figure.

Exports by Country

Latvia (X tonnes) was the main destination for vegetable waxes exports from Denmark, with a X% share of total exports. Moreover, vegetable waxes exports to Latvia exceeded the volume sent to the second major destination, Viet Nam (X tonnes), twofold. The United Arab Emirates (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Latvia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Viet Nam (-X% per year) and the United Arab Emirates (+X% per year).

In value terms, the largest markets for vegetable waxes exported from Denmark were Viet Nam ($X), the United Arab Emirates ($X) and Sweden ($X), together accounting for X% of total exports. These countries were followed by Canada, Latvia and Slovakia, which together accounted for a further X terms of the main countries of destination, Canada (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average vegetable waxes export price amounted to $X per tonne, declining by -X% against the previous year. In general, the export price, however, continues to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per tonne), while the average price for exports to Latvia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced a decline.

Vegetable Waxes Imports

Imports into Denmark

In 2019, the amount of vegetable waxes imported into Denmark fell to X tonnes, dropping by -X% compared with 2018. Overall, imports, however, showed a measured expansion. The pace of growth appeared the most rapid in 2012 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2018, and then reduced in the following year.

In value terms, vegetable waxes imports shrank to $X in 2019. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Imports peaked at $X in 2018, and then reduced modestly in the following year.

Imports by Country

In 2019, Germany (X tonnes) constituted the largest supplier of vegetable waxes to Denmark, accounting for a X% share of total imports. Moreover, vegetable waxes imports from Germany exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tonnes), threefold. The UK (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the UK (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of vegetable waxes to Denmark, comprising X% of total imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports. It was followed by the United Arab Emirates, 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: the UK (+X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average vegetable waxes import price stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, import price indicated measured growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, vegetable waxes import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. 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 UK ($X per tonne), while the price for the United Arab Emirates ($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 UK, while the prices for the other major suppliers experienced more modest paces of growth.

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. The third position in this ranking was occupied by China (3.8K tonnes), 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 Denmark?
+
In value terms, Germany ($307K) constituted the largest supplier of vegetable waxes to Denmark, comprising 83% of total imports. The second position in the ranking was occupied by the UK ($27K), with a 7.4% share of total imports. It was followed by the United Arab Emirates, with a 4.6% share.
What are the leading importers of vegetable waxes from Denmark?
+
In value terms, the largest markets for vegetable waxes exported from Denmark were Viet Nam ($157K), the United Arab Emirates ($84K) and Sweden ($63K), together comprising 77% of total exports. These countries were followed by Canada, Latvia and Slovakia, which together accounted for a further 22%.
What is the average export price for vegetable waxes in Denmark?
+
In 2019, the average vegetable waxes export price amounted to $3,829 per tonne, reducing by -15.4% against the previous year.
What is the average import price for vegetable waxes in Denmark?
+
In 2019, the average vegetable waxes import price amounted to $8,758 per tonne, increasing by 4.7% 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 Denmark. 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:
• Denmark

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Denmark
• 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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