Key Market Indicators
Export of wax from Iran is projected to decline slightly by 0.4% annually, on average, between 2021 and 2026. In 2021, Iran was the fifth largest exporter, with 65.5 million kilograms. South Africa was the leader in exports, with 67.1 million kilograms. Malaysia, Germany, and South Africa were ranked second, third, and fourth, respectively. Meanwhile, import of wax into Iran is anticipated to grow by 2.4% annually, on average, between 2021 and 2026. In 2021, Iran was the 79th largest importer, with 549 thousand kilograms. Ghana was the leader in imports, with 476 thousand kilograms. Mexico, Germany, and Poland were ranked second, third, and fourth, respectively.
