The artificial waxes market in Kenya saw its value per capita remain stable between 2013 and 2015 at $0.17, with a slight increase to $0.19 by 2017. A dip to $0.15 occurred in 2020, but the market rebounded to $0.19 in 2021 and maintained this value through 2023. Over the last two years, the market saw a stable zero percent year-on-year change. The compound annual growth rate (CAGR) over the last five years is zero percent, indicating limited overall growth in recent years.
Future trends to watch for include:
- Technological advancements in artificial wax production.
- Increasing demand in personal care and automotive sectors.
- Potential impacts from economic fluctuations and policy changes.
| # | 33 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 12.98 | 2023 | View data | ||
| 2 | 2 Netherlands | 11.46 | 2023 | View data | ||
| 3 | 3 Finland | 9.4 | 2023 | View data | ||
| 4 | 4 Italy | 8.44 | 2023 | View data | ||
| 5 | 5 France | 8.38 | 2023 | View data | ||
| 31 | 31 Egypt | 0.51 | 2023 | View data | ||
| 32 | 32 Morocco | 0.26 | 2023 | View data | ||
| 33 | 33 Kenya | 0.19 | 2023 | |||
