Key Market Indicators
The global wax market value is set to decline 0.4% year on year on average, reaching $7,006,500 by 2026. This is down from $7,158,700 in 2020. China, Japan and Germany ranked 2nd, 3rd and 4th respectively in this ranking. Meanwhile, Tunisian wax imports are expected to grow 0.6% year on year, reaching 651,180 kilograms by 2026. This is up from 628,840 kilograms in 2021. Since 1996, Tunisian imports have grown 1.3% year on year. The country ranked 76th in 2021, overtaken by Saudi Arabia, with 628,840 kilograms. Mexico, Germany and Poland were the 2nd, 3rd and 4th largest importers respectively.