Key Market Indicators
Bulgarian wax exports fell 4.3% to 134,320 kg in 2021, down from 140,310 kg in 2020. This marked a 26.5% decrease in exports since 2001. Norway overtook Bulgaria at 134,320 kg, with Malaysia, Germany, and South Africa ranking second, third, and fourth, respectively. Bulgarian wax imports are expected to grow 1.1% year-on-year, reaching 1,582,300 kg by 2026. Imports have increased by 3.6% since 2001. South Africa topped the list in 2021 with 1,478,700 kg, followed by Mexico, Germany, and Poland.
