In 2023, Germany led European paraffin wax imports with 33.93 GWh, though it slightly decreased by 1.47% year-on-year. Netherlands and Poland saw significant imports with 17.72 and 12.34 GWh respectively, experiencing positive growth at 4.6% and 9.75%. Italy showed a noteworthy 18.74% increase, while France's imports slightly declined by 1.47%. The UK observed a modest increase of 5.15%, with other countries showing varied growth. Notably, Lithuania and Ireland experienced significant declines, at -13.5% and -23.63% respectively. Long-term projections show Italy and Eastern European countries like Poland and Bulgaria driving positive trends.
Future trends to watch include technological advancements in paraffin wax production efficiency and sustainability efforts shaping import preferences. Trade policies and economic conditions in leading importers like Germany and Italy will influence market demand. Monitoring these dynamics can inform strategic decisions and identify emerging opportunities.
Top countries in Paraffin Waxes Imports Share by Country (Gigawatthours)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.93 | 2023 | -1.79% | -1.47% | View data |
| 2 | 2 Netherlands | 17.72 | 2023 | +1.72% | +4.6% | View data |
| 3 | 3 Poland | 12.34 | 2023 | +2.56% | +9.75% | View data |
| 4 | 4 Italy | 11.11 | 2023 | +7.51% | +18.74% | View data |
| 5 | 5 France | 7.25 | 2023 | +4.91% | -1.47% | View data |
| 6 | 6 United Kingdom | 4.94 | 2023 | +0.79% | +5.15% | View data |
| 7 | 7 Czech Republic | 2.53 | 2023 | +2.81% | +9.68% | View data |
| 8 | 8 Spain | 2.2 | 2023 | +24.59% | +3.8% | View data |
| 9 | 9 Belgium | 1.72 | 2023 | +0.75% | +1.13% | View data |
| 10 | 10 Lithuania | 1.4 | 2023 | -17.05% | -13.5% | View data |
