In 2023, Germany led European paraffin waxes closing stock with 75.0 thousand metric tons. The Netherlands saw the highest positive annual variation at 18.86%, while Portugal faced a decline of 5.86%. Over the past five years, variations show Germany’s stock slightly reducing, while Lithuania and the United Kingdom registered growth in stock levels.
Future trends to monitor include:
- Potential shifts in demand amidst eco-friendly solutions.
- Impact of European regulations on paraffin waxes usage.
- Continued technological advancements influencing production efficiency and stock requirements.
Top countries in Paraffin Waxes Closing Stock by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 75 | 2023 | 0% | -1.53% | View data |
| 2 | 2 Netherlands | 21.07 | 2023 | +0.22% | +18.86% | View data |
| 3 | 3 Spain | 13.5 | 2023 | +3.38% | -4.51% | View data |
| 4 | 4 Poland | 12.74 | 2023 | +5.9% | -2.67% | View data |
| 5 | 5 France | 11.83 | 2023 | +7.51% | -4.64% | View data |
| 6 | 6 United Kingdom | 10 | 2023 | 0% | +7.39% | View data |
| 7 | 7 Latvia | 4.36 | 2023 | +2.81% | +15.51% | View data |
| 8 | 8 Hungary | 4 | 2023 | 0% | 0% | View data |
| 9 | 9 Lithuania | 2.8 | 2023 | +21.74% | +6.96% | View data |
| 10 | 10 Portugal | 0.93 | 2023 | -8.79% | -5.86% | View data |
