In 2023, the closing stock of paraffin waxes in France stood at an estimated 11.8 thousand metric tons. From 2024 to 2028, forecasts suggest a gradual decline in inventory levels, with a closing stock of 11.71 thousand metric tons in 2024 dropping to 11.45 thousand metric tons by 2028. This represents a compound annual growth rate (CAGR) of -0.61% over the forecast period. Year-on-year variations indicate a steady reduction, with the most significant drop occurring between 2027 and 2028.
Future trends to watch for include potential impacts from sustainability initiatives targeting synthetic wax alternatives, changes in demand driven by regulatory shifts, and advancements in recycling or repurposing efforts across industries utilizing paraffin waxes. Evaluating supply chain dynamics and international trade agreements may also offer insights into inventory fluctuations.
