In 2023, Brazil dominated global exports of vegetable waxes, significantly outstripping other countries, followed by notable contributions from the United States and Germany. Key drivers of growth included India with a 5.8% increase, and the United Arab Emirates which experienced robust growth of 59.08%. However, Spain and Malaysia faced notable declines at -6.86% and -19.58%, respectively. Over a five-year period, growth has been observed to vary significantly, with emerging markets showing stronger upward trends.
Future trends to watch include potential growth in emerging markets and increasing demand in sustainable and organic products, likely to spur higher exports from countries with abundant natural resources and advanced agricultural practices.
Top countries in Export of Vegetable Waxes by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 101,190,000 | 2023 | +0.88% | +1.8% | View data |
| 2 | 2 United States | 16,531,000 | 2023 | +2.41% | +2.83% | View data |
| 3 | 3 Germany | 14,272,000 | 2023 | +2.38% | +3.01% | View data |
| 4 | 4 Mexico | 7,610,400 | 2023 | +0.95% | +0.17% | View data |
| 5 | 5 Japan | 6,766,300 | 2023 | -0.096% | +2.77% | View data |
| 6 | 6 Netherlands | 4,502,400 | 2023 | +2.19% | +2.85% | View data |
| 7 | 7 United Kingdom | 3,975,100 | 2023 | +3.98% | +3.94% | View data |
| 8 | 8 China | 3,850,700 | 2023 | +3.79% | +1.3% | View data |
| 9 | 9 France | 3,771,000 | 2023 | +2.63% | +3.43% | View data |
| 10 | 10 Belgium | 3,362,400 | 2023 | +5.18% | +1.95% | View data |
