The artificial waxes market in Portugal has shown fluctuations from 2013 to 2023, with values peaking at $44.269 million in 2023. Over the last two years, the market experienced moderate growth with a year-on-year increase of 1.4% in 2022 and 1.36% in 2023. The five-year CAGR stands at 0.95%, indicating a stable yet evolving market trajectory.
Future trends to watch for include the increasing demand for sustainable and eco-friendly products, technological advancements in wax production, and potential shifts in trade policies affecting raw materials. Monitoring these factors will be crucial for market stakeholders.
| # | 33 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,719,400,000 | 2023 | +3.14% | +1.99% | View data |
| 2 | 2 Japan | 713,120,000 | 2023 | +0.45% | +0.42% | View data |
| 3 | 3 Germany | 630,980,000 | 2023 | -0.48% | -1.69% | View data |
| 4 | 4 France | 586,840,000 | 2023 | -0.91% | -1.6% | View data |
| 5 | 5 Italy | 498,280,000 | 2023 | +0.46% | -0.38% | View data |
| 22 | 22 South Africa | 54,071,000 | 2023 | +0.47% | +0.52% | View data |
| 23 | 23 Egypt | 52,216,000 | 2023 | +1.69% | +1.8% | View data |
| 24 | 24 Portugal | 44,645,000 | 2023 | +1.36% | +0.95% | |
| 25 | 25 Israel | 39,232,000 | 2023 | +0.82% | -0.59% | View data |
| 26 | 26 Romania | 35,039,000 | 2023 | +0.92% | -0.11% | View data |
