In 2023, Poland led the European paraffin wax consumption with 21.58 terajoules, followed by Germany with 18.02 terajoules. Italy showed a significant increase of 16.04%, reaching 13.43 terajoules, while the Netherlands saw a decline of 9.92%. Other notable changes include a 4.13% rise in the United Kingdom and an 11.3% increase in the Czech Republic. Conversely, Ireland experienced a substantial decrease of 32.94%.
Future trends to watch include:
- Poland's continued leadership and steady consumption growth.
- Potential recovery in Netherlands and Ireland if consumption patterns stabilize.
- Increased sustainability initiatives could impact paraffin wax markets by promoting alternative materials.
Top countries in Paraffin Waxes Available for Final Consumption Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 21.58 | 2023 | +2.11% | +2.64% | View data |
| 2 | 2 Germany | 18.02 | 2023 | -0.014% | -2.72% | View data |
| 3 | 3 Italy | 13.43 | 2023 | +1.43% | +16.04% | View data |
| 4 | 4 Netherlands | 13.13 | 2023 | +5.63% | -9.92% | View data |
| 5 | 5 France | 8.28 | 2023 | +4.49% | -0.19% | View data |
| 6 | 6 United Kingdom | 6.24 | 2023 | +0.42% | +4.13% | View data |
| 7 | 7 Spain | 5.2 | 2023 | +1.38% | +0.14% | View data |
| 8 | 8 Czech Republic | 3.36 | 2023 | +6.96% | +11.3% | View data |
| 9 | 9 Belgium | 2.19 | 2023 | +2.22% | +1.73% | View data |
| 10 | 10 Hungary | 2.05 | 2023 | -3.6% | -1.58% | View data |
