In 2024, Germany remains the largest European importer of paraffin waxes, despite a slight decline in imports. The Netherlands, Poland, and the Czech Republic show marked growth, with Poland experiencing a notable 9.75% increase. Italy's imports surged by 18.74%, indicating significant market expansion. Although France saw a decline, the UK managed a 5.15% rise. Conversely, Lithuania's imports decreased substantially by 13.5%, and Ireland experienced a significant drop. Over five years, Poland, Czech Republic, and Bulgaria report the highest compound annual growth rates, signaling a consistent upward trend in imports.
Future trends suggest increased paraffin wax import activity in Eastern Europe, with countries like Poland and the Czech Republic leading expansion. The sustainability movement and renewable energy shift might drive changes in demand and import patterns. Monitoring geopolitics and economic stability will be crucial, especially in regions experiencing volatility.
Top countries in Paraffin Waxes Imports by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,810 | 2023 | -1.79% | -1.47% | View data |
| 2 | 2 Netherlands | 1,990 | 2023 | +1.72% | +4.6% | View data |
| 3 | 3 Poland | 1,390 | 2023 | +2.56% | +9.75% | View data |
| 4 | 4 Italy | 1,250 | 2023 | +7.51% | +18.74% | View data |
| 5 | 5 France | 814.97 | 2023 | +4.91% | -1.47% | View data |
| 6 | 6 United Kingdom | 554.73 | 2023 | +0.79% | +5.15% | View data |
| 7 | 7 Czech Republic | 283.69 | 2023 | +2.81% | +9.68% | View data |
| 8 | 8 Spain | 247.19 | 2023 | +24.59% | +3.8% | View data |
| 9 | 9 Belgium | 192.79 | 2023 | +0.75% | +1.13% | View data |
| 10 | 10 Lithuania | 157.56 | 2023 | -17.05% | -13.5% | View data |
