Global Vegetable Waxes Market 2022

Vegetable Waxes Market Size

After three years of decline, the global vegetable waxes market increased by X% to $X in 2021. In general, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the global market remained at a lower figure.

Vegetable Waxes Production

In value terms, vegetable waxes production rose slightly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a temperate increase from 2012 to 2021: its value 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, production decreased by -X% against 2018 indices. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, global production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Vegetable Waxes Exports

Exports

In 2021, overseas shipments of vegetable waxes increased by X% to X tons, rising for the third consecutive year after six years of decline. Over the period under review, exports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the global exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, vegetable waxes exports expanded markedly to $X in 2021. In general, exports, however, saw a noticeable decline. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the global exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Export Prices by Country

In 2021, the average vegetable waxes export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of X%. The global export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was France ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other global leaders experienced more modest paces of growth.

Vegetable Waxes Imports

Imports

In 2021, overseas purchases of vegetable waxes increased by X% to X tons, rising for the third consecutive year after five years of decline. Overall, imports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, global imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, vegetable waxes imports soared to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, global imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Import Prices by Country

In 2021, the average vegetable waxes import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. 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 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :