EU: Candles And Tapers Market 2024

Candles And Tapers Market Size in the EU

In 2022, the EU candles and tapers market increased by X% to $X, rising for the third year in a row after two years of decline. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Candles And Tapers Production in the EU

In value terms, candles and tapers production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Candles And Tapers Exports

Exports in the EU

In 2022, the amount of candles and tapers exported in the European Union dropped slightly to X tons, with a decrease of X% on the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced in the following year.

In value terms, candles and tapers exports rose significantly to $X in 2022. Total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Poland represented the main exporter of candles and tapers in the European Union, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. The Netherlands (X tons) took the second position in the ranking, followed by Germany (X tons) and Belgium (X tons). All these countries together took near X% share of total exports. The Czech Republic (X tons), Hungary (X tons), Italy (X tons), Sweden (X tons), Spain (X tons), Slovenia (X tons), Austria (X tons), Denmark (X tons) and Estonia (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to candles and tapers exports from Poland stood at X%. At the same time, the Czech Republic (X%), Spain (X%), Slovenia (X%), Austria (X%), Hungary (X%), Belgium (X%), Denmark (X%), Estonia (X%) and Germany (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Italy and Sweden experienced a relatively flat trend pattern. By contrast, the Netherlands (X%) illustrated a downward trend over the same period. Poland (X p.p.), the Czech Republic (X p.p.) and Spain (X p.p.) significantly strengthened its position in terms of the total exports, while Germany and the Netherlands saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest candles and tapers supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

In Poland, candles and tapers exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Candles And Tapers Imports

Imports in the EU

In 2022, approx. X tons of candles and tapers were imported in the European Union; picking up by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, candles and tapers imports skyrocketed to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by the Netherlands (X tons), Belgium (X tons), France (X tons), Austria (X tons), Poland (X tons) and the Czech Republic (X tons) were the main importers of candles and tapers, together generating X% of total imports. The following importers - Hungary (X tons), Sweden (X tons), Italy (X tons), Romania (X tons), Slovakia (X tons) and Denmark (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to candles and tapers imports into Germany stood at X%. At the same time, Romania (X%), Hungary (X%), Poland (X%), Belgium (X%), the Czech Republic (X%), Slovakia (X%), Italy (X%), France (X%), Austria (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Sweden experienced a relatively flat trend pattern. By contrast, Denmark (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.), Hungary (X p.p.), Romania (X p.p.), Poland (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (X p.p.), Sweden (X p.p.), Denmark (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Belgium, Austria, the Czech Republic, Poland, Italy, Sweden, Romania, Hungary, Denmark and Slovakia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Romania, with a CAGR of X%, recorded 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

The import price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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