In 2023, Germany led European exports of artificial and prepared waxes other than of polyethylene glycol with 189.19 million kilograms, despite a slight decline of 0.052% year-on-year. Italy and Denmark followed, with Italy facing a significant decrease of 2.28%, while Denmark saw a marginal increase of 0.21%. Notably, the Netherlands experienced a 100% reduction, while countries like Finland, Hungary, and Bulgaria showed substantial growth, with Finland expanding by 37.1%. France grew modestly at 0.62%. Variability in smaller countries' exports indicated diverse market dynamics and potential opportunities.
Future trends to watch include stabilization of Germany's market leadership, recovery in the Netherlands, and potentially significant growth in Finland and Ireland, given recent trends. Additionally, monitoring emerging markets in Eastern Europe, like Slovakia and Slovenia, may provide insights into new growth avenues within the region.
Top countries in Export of Artificial and Prepared Waxes Other than of Polyethylene Glycol by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 189,190,000 | 2023 | +7.74% | -0.052% | View data |
| 2 | 2 Italy | 108,730,000 | 2023 | +3.4% | -2.28% | View data |
| 3 | 3 Denmark | 60,555,000 | 2023 | +0.47% | +0.21% | View data |
| 4 | 4 Poland | 22,650,000 | 2023 | +4.52% | +2.55% | View data |
| 5 | 5 Netherlands | 21,585,000 | 2023 | -17.84% | View data | |
| 6 | 6 France | 14,032,000 | 2023 | +1.99% | +0.62% | View data |
| 7 | 7 Finland | 4,410,200 | 2023 | +30.51% | +37.1% | View data |
| 8 | 8 Hungary | 4,262,400 | 2023 | +5.27% | +3.96% | View data |
| 9 | 9 Portugal | 3,755,000 | 2023 | +10.11% | -0.47% | View data |
| 10 | 10 Bulgaria | 1,837,300 | 2023 | +5.33% | +6.05% | View data |
