Forecast: Paraffin Waxes Energy Supply in Germany

The paraffin waxes energy supply in Germany stood at 136.73 thousand tonnes of oil equivalent in 2023. Based on the forecasted data, the supply is expected to remain virtually stable from 2024 through 2028, with a minimal cumulative annual growth rate (CAGR) indicating an average increase of 0.003% per year. There is almost no year-on-year variation, reflecting a stagnation in the supply of paraffin waxes.

Future trends to watch for include:

  • Potential shifts towards sustainable alternatives affecting paraffin wax demand.
  • Technological advancements improving energy efficiency in paraffin wax production.
  • Policy changes in Germany influencing fossil fuel usage and supply chains in this sector.

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