The Artificial and Prepared Waxes market in Jordan, excluding Polyethylene Glycol, saw notable fluctuations between 2013 and 2023. The market value grew from 2013 to 2015 but encountered a significant drop in 2016, followed by further declines and stagnation till 2020. A recovery began in 2021, but year-on-year growth has remained modest since. In 2023, the market size stood at 976.27 thousand US Dollars, showing minimal growth of 0.3% over the previous year and a modest CAGR of 0.69% over the last five years.
Future trends to watch include:
- Increased demand for biodegradable and environmentally friendly waxes.
- Technological advancements in wax production techniques.
- Potential impacts from economic policies and market regulations in Jordan.
- Global market trends influencing export and import dynamics.
How does Jordan rank in Artificial and Prepared Waxes (Without Polyethylene Glycol) Market Size Value?
| # | 29 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 3,630,100,000 | 2023 | +1.58% | +1.81% | View data |
| 2 | 2 China | 2,249,300,000 | 2023 | +1.24% | +0.73% | View data |
| 3 | 3 Japan | 703,760,000 | 2023 | +0.5% | +0.45% | View data |
| 4 | 4 Germany | 623,910,000 | 2023 | +0.21% | +0.038% | View data |
| 5 | 5 Italy | 473,170,000 | 2023 | +0.77% | +0.58% | View data |
| 26 | 26 Morocco | 9,155,800 | 2023 | +0.045% | +0.29% | View data |
| 27 | 27 Croatia | 6,844,000 | 2023 | -1.11% | -1.75% | View data |
| 28 | 28 Jordan | 976,270 | 2023 | +0.3% | +0.69% | |
| 29 | 29 Luxembourg | 696,690 | 2023 | -5.77% | -5.85% | View data |
