Report Denmark - Worked Articles of Wax - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Denmark - Worked Articles of Wax - Market Analysis, Forecast, Size, Trends and Insights
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Denmark: Worked Wax Articles Market 2022

Worked Wax Articles Market Size in Denmark

In 2021, after two years of growth, there was decline in the Danish worked wax articles market, when its value decreased by -0.6% to $X. Over the period under review, consumption continues to indicate a abrupt downturn. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Worked Wax Articles Production in Denmark

In value terms, worked wax articles production fell to $X in 2021 estimated in export price. Overall, the total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +93.1% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of 72% against the previous year. Worked wax articles production peaked at $X in 2020, and then dropped in the following year.

Worked Wax Articles Exports

Exports from Denmark

In 2021, after two years of decline, there was significant growth in shipments abroad of worked articles of wax, when their volume increased by 63% to X units. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 228%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, worked wax articles exports skyrocketed to $X in 2021. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 233% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Sweden (X units), Poland (X units) and Hungary (X units) were the main destinations of worked wax articles exports from Denmark, together accounting for 51% of total exports. These countries were followed by Belgium, France, the UK, Germany, Hong Kong SAR, Norway, Faroe Islands, Finland, the Netherlands and Bulgaria, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +128.5%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Poland ($X) and Belgium ($X) appeared to be the largest markets for worked wax articles exported from Denmark worldwide, together accounting for 60% of total exports. France, Germany, the UK, Norway, Hong Kong SAR, the Netherlands, Bulgaria, Hungary, Finland and Faroe Islands lagged somewhat behind, together comprising a further 30%.

In terms of the main countries of destination, Bulgaria, with a CAGR of +132.6%, 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 2021, the average worked wax articles export price amounted to $X per unit, dropping by -11% 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 2017 an increase of 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Worked Wax Articles Imports

Imports into Denmark

For the fourth year in a row, Denmark recorded growth in supplies from abroad of worked articles of wax, which increased by 17% to X units in 2021. In general, imports, however, showed a perceptible descent. The pace of growth was the most pronounced in 2016 when imports increased by 63%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, worked wax articles imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a slight descent. The growth pace was the most rapid in 2013 when imports increased by 52%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest worked wax articles supplier to Denmark, with a 37% share of total imports. Moreover, worked wax articles imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. Germany (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +3.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-7.0% per year) and Germany (-6.1% per year).

In value terms, the largest worked wax articles suppliers to Denmark were Belgium ($X), China ($X) and Germany ($X), with a combined 76% share of total imports. Sweden, Latvia, Vietnam, Indonesia, Spain and the UK lagged somewhat behind, together accounting for a further 14%.

Among the main suppliers, Latvia, with a CAGR of +38.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average worked wax articles import price amounted to $X per unit, rising by 6.8% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of 88%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for worked articles of wax in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and Spain, together comprising 39% of global consumption. India, Japan, Russia, Germany, Pakistan, Indonesia, Brazil, the UK, Belgium and Ethiopia lagged somewhat behind, together accounting for a further 34%.
What are the largest producers of worked articles of wax in the world?
+
China constituted the country with the largest volume of worked wax articles production, comprising approx. 25% of total volume. Moreover, worked wax articles production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was taken by the United States, with a 9.2% share.
What are the leading suppliers of worked articles of wax to Denmark?
+
In value terms, Belgium, China and Germany constituted the largest worked wax articles suppliers to Denmark, together accounting for 76% of total imports. Sweden, Latvia, Vietnam, Indonesia, Spain and the UK lagged somewhat behind, together comprising a further 14%.
What are the leading importers of worked articles of wax from Denmark?
+
In value terms, Sweden, Poland and Belgium were the largest markets for worked wax articles exported from Denmark worldwide, together comprising 60% of total exports. These countries were followed by France, Germany, the UK, Norway, Hong Kong SAR, the Netherlands, Bulgaria, Hungary, Finland and Faroe Islands, which together accounted for a further 30%.
What is the average export price for worked articles of wax in Denmark?
+
The average worked wax articles export price stood at $31 per unit in 2021, waning by -11% against the previous year.
What is the average import price for worked articles of wax in Denmark?
+
In 2021, the average worked wax articles import price amounted to $24 per unit, surging by 6.8% against the previous year.

This report provides an in-depth analysis of the worked wax articles 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 2030.


Product coverage:
• Prodcom 32995940 - Worked vegetable or mineral..., moulded... articles of wax, s tearin,
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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