Key Market Indicators
Dominican wax imports are predicted to reach 9 million kilograms by 2026, a 1% drop year-on-year. Since 2009, Dominican demand has grown by 8.6% annually. In 2021, the country ranked 18th, with Guatemala ahead in first place at 9.6 million kilograms. Mexico, Germany, and Poland ranked second, third, and fourth respectively. In 2021, Dominican wax exports dropped to 46,370 kilograms – a 35.5% decrease compared to the previous year. Since 2001, Dominican supply has decreased by 27.4% annually. In 2021, the country was 45th, with Kenya coming in first place at 46,370 kilograms. Malaysia, Germany, and South Africa respectively ranked second, third, and fourth.
