Key Market Indicators
Lithuanian wax imports are set to reach almost three million kilograms by 2026, with a year-on-year average growth rate of 1.1%. Since 1999, imports have fallen by 7.4% annually. In 2021, Lithuania was ranked 43rd, with Switzerland in first place at over 2.6 million kilograms. Mexico, Germany, and Poland were 2nd, 3rd, and 4th, respectively. Lithuanian wax exports are expected to reach 1.2 million kilograms by 2026, growing at a year-on-year average rate of 0.5%. Since 1999, the country’s exports have increased by 10% annually. In 2021, Lithuania was ranked 21st, with France in first place at 1.1 million kilograms. Malaysia, Germany, and South Africa were 2nd, 3rd, and 4th, respectively.
