Key Market Indicators
The global Wax market value is predicted to increase by 1.3% year on year, reaching $6.1 billion by 2026. In 2020, market value was estimated at $5.9 billion, up 0.4% year on year. China, Japan and Germany were the top three countries in terms of market value. Uruguay's wax import is projected to decrease by 1.3% year on year, reaching 510,000 kilograms by 2026. In 2021, the import was valued at 551,000 kilograms, down 3.4% year on year since 1999. Uruguay ranked 77th by 2021, with Tunisia taking the lead at 551,000 kilograms. Mexico, Germany and Poland were the second, third and fourth largest importers, respectively.
