Key Market Indicators
Demand for wax in Cyprus is set to remain steady through 2026, with imports remaining at 117,720 kilograms and exports at 86.15 kilograms. This is a slight decrease from 2021, when imports were 117,850 kilograms and exports were 86 kilograms. Since 1994, imports have decreased by 18.1% year on year. In terms of global ranking, Cyprus stands at 93rd in terms of imports, behind Jordan with 117,850 kilograms and ahead of Mexico, Germany and Poland. For exports, the country is 68th, behind Ukraine with 86 kilograms, and ahead of Malaysia, Germany and South Africa. Since 2017, supply has grown by 2.8% year on year.
