Report Latin America and the Caribbean - Vegetable Waxes - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Latin America and the Caribbean - Vegetable Waxes - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Vegetable Waxes Market 2022

Vegetable Waxes Market Size in Latin America and the Caribbean

In 2021, the Latin American vegetable waxes market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption saw a deep contraction. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Vegetable Waxes Production in Latin America and the Caribbean

In value terms, vegetable waxes production rose markedly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Vegetable Waxes Exports

Exports in Latin America and the Caribbean

In 2021, overseas shipments of vegetable waxes increased by X% to X tons, rising for the third consecutive year after three years of decline. Over the period under review, exports recorded slight growth. The growth pace was the most rapid in 2019 with an increase of X%. The volume of export peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, vegetable waxes exports rose sharply to $X in 2021. Overall, exports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of vegetable waxes, namely Brazil, represented more than two-thirds of total export.

Brazil was also the fastest-growing in terms of the vegetable waxes exports, with a CAGR of +X% from 2012 to 2021. While the share of Brazil (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest vegetable waxes supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil was relatively modest.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Mexico ($X per ton), while Brazil stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+X%).

Vegetable Waxes Imports

Imports in Latin America and the Caribbean

In 2021, overseas purchases of vegetable waxes increased by X% to X tons, rising for the second year in a row after seven years of decline. In general, imports, however, showed a abrupt decrease. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, vegetable waxes imports expanded slightly to $X in 2021. Over the period under review, imports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Dominican Republic represented the major importing country with an import of around X tons, which recorded X% of total imports. Mexico (X tons) took the second position in the ranking, followed by Colombia (X tons), Peru (X tons), Chile (X tons) and Guatemala (X tons). All these countries together took near X% share of total imports. Argentina (X tons) followed a long way behind the leaders.

The Dominican Republic was also the fastest-growing in terms of the vegetable waxes imports, with a CAGR of +X% from 2012 to 2021. At the same time, Peru (+X%) displayed positive paces of growth. By contrast, Guatemala (-X%), Argentina (-X%), Chile (-X%), Colombia (-X%) and Mexico (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Dominican Republic, Peru and Guatemala increased by +X, +X and +X percentage points, respectively. Colombia (-X p.p.) and Mexico (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), the Dominican Republic ($X) and Colombia ($X) were the countries with the highest levels of imports in 2021, together comprising X% of total imports.

In terms of the main importing countries, the Dominican Republic, with a CAGR of +X%, recorded the highest growth rate of 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 import price in Latin America and the Caribbean amounted to $X per ton, waning by -X% against the previous year. Import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vegetable waxes import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while the Dominican Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the other leaders 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 vegetable waxes in LatAmerica and the Caribbean?
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The countries with the highest volumes of consumption in 2021 were Brazil, Mexico and the Dominican Republic, together comprising 80% of total consumption.
What are the largest producers of vegetable waxes in LatAmerica and the Caribbean?
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The country with the largest volume of vegetable waxes production was Brazil, accounting for 94% of total volume. Moreover, vegetable waxes production in Brazil exceeded the figures recorded by the second-largest producer, Mexico, more than tenfold.
What are the leading exporters of vegetable waxes in LatAmerica and the Caribbean?
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In value terms, Brazil remains the largest vegetable waxes supplier in Latin America and the Caribbean, comprising 98% of total exports. The second position in the ranking was held by Mexico, with a 1.9% share of total exports.
What are the leading importers of vegetable waxes in LatAmerica and the Caribbean?
+
In value terms, Mexico, the Dominican Republic and Colombia were the countries with the highest levels of imports in 2021, together accounting for 54% of total imports.
What is the average export price for vegetable waxes in LatAmerica and the Caribbean?
+
In 2021, the export price in Latin America and the Caribbean amounted to $6,047 per ton, leveling off at the previous year.
What is the average import price for vegetable waxes in LatAmerica and the Caribbean?
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The import price in Latin America and the Caribbean stood at $3,432 per ton in 2021, with a decrease of -19.2% against the previous year.

This report provides an in-depth analysis of the vegetable waxes market in Latin America and the Caribbean. 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 10417100 - Vegetable waxes (including refined) (excluding triglycerides)
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

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

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2021
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 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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
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, By Country, 2018–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
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, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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