Germany leads European vegetable wax exports, holding a 38.57% share in 2023, with an 8.08% growth year-on-year. The Netherlands follows at 19.59%, experiencing a slight decline of 2.77%. Belgium, ranking third, has a slight decrease of 5.05%. The UK increased by 3.96%. France and Spain see minor declines, with more noticeable dips in Poland and Slovakia. Conversely, Denmark and Portugal have sharply increased by over 46%. Notably, small markets like Croatia and Austria show promising growth. This trend highlights a mixed performance across countries.
Future trends to watch for include the potential for continued growth in Germany, driven by strong demand. Smaller markets like Denmark, Portugal, and Croatia could see significant increases, leveraging their recent growth. Monitoring the performance of traditionally strong exporters like the Netherlands and Belgium is crucial, particularly if the downward trends persist.
Top countries in Export of Vegetable Waxes Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.57 | 2023 | +4.86% | +8.08% | View data |
| 2 | 2 Netherlands | 19.59 | 2023 | +0.95% | -2.77% | View data |
| 3 | 3 Belgium | 15.09 | 2023 | +22.21% | -5.05% | View data |
| 4 | 4 United Kingdom | 11.78 | 2023 | +4.06% | +3.96% | View data |
| 5 | 5 France | 6.43 | 2023 | -7.08% | -0.17% | View data |
| 6 | 6 Spain | 3.41 | 2023 | +4.11% | -9.74% | View data |
| 7 | 7 Italy | 1.94 | 2023 | +19.79% | +8.23% | View data |
| 8 | 8 Denmark | 0.78 | 2023 | +26.79% | +64.26% | View data |
| 9 | 9 Portugal | 0.58 | 2023 | -8.34% | +46.51% | View data |
| 10 | 10 Romania | 0.45 | 2023 | +7.22% | View data |
