Key Market Indicators
The country was number 54 in 2021, Costa Rica overtook at 1,958,300 Kilograms. Mexico, Germany and Poland respectively were numbers 2, 3 and 4 in this ranking. The global wax market is set to reach $11.2 billion by 2026, growing 0.1% year on year on average. In 2020, the market was worth $11.1 billion, and had grown 4% year on year. China, Japan and Germany were the top three countries in terms of market value. Irish wax imports are set to reach 2.3 million kilograms by 2026, growing 2.4% year on year on average. Since 1997, Irish demand has increased 5.1% year on year. In 2021, Costa Rica overtook Ireland, coming in at 1.9 million kilograms. Mexico, Germany and Poland were the next three countries, respectively. Irish wax exports rose 198.9% in 2017 to 550 kilograms, up from 184 kilograms the year prior. Since 1997, Irish supply has decreased 10.4% year on year. In 2021, Costa Rica overtook Ireland again, coming in at 1.9 million kilograms. Mexico, Germany and Poland were the next three countries, respectively.
