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

Vegetable Waxes Market Size in the EU

The EU vegetable waxes market expanded significantly to $X in 2019, picking up by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2011 to 2019, the growth of the market remained at a lower figure.

Vegetable Waxes Production in the EU

In value terms, vegetable waxes production skyrocketed to $X in 2019 estimated in export prices. In general, production, however, showed a deep downturn. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2009; however, from 2010 to 2019, production failed to regain the momentum.

Production By Country in the EU

Belgium (X tonnes) constituted the country with the largest volume of vegetable waxes production, comprising approx. X% of total volume. Moreover, vegetable waxes production in Belgium exceeded the figures recorded by the second-largest producer, Portugal (X tonnes), fourfold.

From 2007 to 2019, the average annual rate of growth in terms of volume in Belgium amounted to +X%. In the other countries, the average annual rates were as follows: Portugal (-X% per year) and Denmark (-X% per year).

Vegetable Waxes Exports

Exports in the EU

For the third year in a row, the European Union recorded decline in overseas shipments of vegetable waxes, which decreased by -X% to X tonnes in 2019. Over the period under review, exports showed a slight curtailment. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2012; however, from 2013 to 2019, exports remained at a lower figure.

In value terms, vegetable waxes exports expanded sharply to $X in 2019. Total exports indicated temperate growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

In 2019, Germany (X tonnes) was the key exporter of vegetable waxes, achieving X% of total exports. It was distantly followed by the Netherlands (X tonnes), Belgium (X tonnes), France (X tonnes), the UK (X tonnes) and Spain (X tonnes), together constituting a X% share of total exports. Denmark (X tonnes) held a little share of total exports.

Germany was also the fastest-growing in terms of the vegetable waxes exports, with a CAGR of +X% from 2007 to 2019. At the same time, Belgium (+X%) and Denmark (+X%) displayed positive paces of growth. The UK experienced a relatively flat trend pattern. By contrast, Spain (-X%), France (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. While the share of Germany (+X p.p.), Belgium (+X p.p.) and the UK (+X p.p.) increased significantly in terms of the total exports from 2007-2019, the share of the Netherlands (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest vegetable waxes supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by France, with a X% share.

In Germany, vegetable waxes exports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and France (+X% per year).

Export Prices by Country

The vegetable waxes export price in the European Union stood at $X per tonne in 2019, with an increase of X% against the previous year. Export price indicated strong growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, vegetable waxes export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the export price increased by X% y-o-y. Over the period under review, export prices attained the maximum in 2019 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was France ($X per tonne), while Spain ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belgium, while the other leaders experienced more modest paces of growth.

Vegetable Waxes Imports

Imports in the EU

In 2019, supplies from abroad of vegetable waxes was finally on the rise to reach X tonnes after five years of decline. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2013; however, from 2014 to 2019, imports remained at a lower figure.

In value terms, vegetable waxes imports expanded markedly to $X in 2019. Total imports indicated noticeable growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

Germany represented the key importing country with an import of about X tonnes, which amounted to X% of total imports. France (X tonnes) held the second position in the ranking, followed by the UK (X tonnes), the Netherlands (X tonnes), Italy (X tonnes), Spain (X tonnes) and Belgium (X tonnes). All these countries together took near X% share of total imports.

From 2007 to 2019, average annual rates of growth with regard to vegetable waxes imports into Germany stood at -X%. At the same time, the UK (+X%), the Netherlands (+X%) and France (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing importer imported in the European Union, with a CAGR of +X% from 2007-2019. Belgium experienced a relatively flat trend pattern. By contrast, Spain (-X%) and Italy (-X%) illustrated a downward trend over the same period. While the share of the UK (+X p.p.), the Netherlands (+X p.p.) and France (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Spain (-X p.p.), Germany (-X p.p.) and Italy (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported vegetable waxes in the European Union, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by France, with a X% share.

In Germany, vegetable waxes imports increased at an average annual rate of +X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and France (+X% per year).

Import Prices by Country

The vegetable waxes import price in the European Union stood at $X per tonne in 2019, remaining constant against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2014 when the import price increased by X% year-to-year. The level of import peaked in 2019 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Italy ($X per tonne), while the UK ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vegetable waxes in the the EU?
+
The countries with the highest volumes of vegetable waxes consumption in 2019 were Germany (1.5K tonnes), Belgium (1.1K tonnes) and France (1.1K tonnes), with a combined 56% share of total consumption.
What are the largest producers of vegetable waxes in the the EU?
+
Belgium (900 tonnes) constituted the country with the largest volume of vegetable waxes production, accounting for 75% of total volume. Moreover, vegetable waxes production in Belgium exceeded the figures recorded by the second-largest producer, Portugal (233 tonnes), fourfold.
What are the leading suppliers of vegetable waxes in the the EU?
+
In value terms, Germany ($14M) remains the largest vegetable waxes supplier in the European Union, comprising 57% of total exports. The second position in the ranking was occupied by the Netherlands ($3.9M), with a 16% share of total exports. It was followed by France, with a 11% share.
What are the leading importers of vegetable waxes in the the EU?
+
In value terms, Germany ($21M) constitutes the largest market for imported vegetable waxes in the European Union, comprising 36% of total imports. The second position in the ranking was occupied by the Netherlands ($8.9M), with a 15% share of total imports. It was followed by France, with a 14% share.
What is the average export price for vegetable waxes in the the EU?
+
In 2019, the vegetable waxes export price in the European Union amounted to $9,459 per tonne, increasing by 11% against the previous year.
What is the average import price for vegetable waxes in the the EU?
+
The vegetable waxes import price in the European Union stood at $7,285 per tonne in 2019, growing by 2% 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 the EU. 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.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• 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
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

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

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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