In 2023, Germany dominated the European export of artificial and prepared waxes with a share of 38.68%. Belgium followed with a significant increase of 25.79%, holding 13.37% of the market. The Netherlands also rose by 6.08%, representing 10.2%. Meanwhile, Denmark saw a slight decline of 0.24%, accounting for 9.07%. Italy's market share increased by 8.61% to 9.01%, while France and the UK captured smaller shares despite modest gains. Notably, Finland experienced a surge of 37.19%, albeit representing a smaller portion.
Future trends to watch include competitive advancements from Belgium and Finland due to their recent explosive growth. Monitoring Germany's strategies to maintain its leading position will be crucial, alongside potential expansions in emerging markets like Eastern Europe and the proactive sustainability measures impacting export dynamics.
Top countries in Export of Artificial and Prepared Waxes Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.68 | 2023 | +2.62% | +3.83% | View data |
| 2 | 2 Belgium | 13.37 | 2023 | +2.2% | +25.79% | View data |
| 3 | 3 Netherlands | 10.2 | 2023 | +1.56% | +6.08% | View data |
| 4 | 4 Denmark | 9.07 | 2023 | -0.34% | -0.24% | View data |
| 5 | 5 Italy | 9.01 | 2023 | +6.33% | +8.61% | View data |
| 6 | 6 Spain | 4.8 | 2023 | -0.25% | +1.86% | View data |
| 7 | 7 Poland | 3.78 | 2023 | +4.52% | +2.55% | View data |
| 8 | 8 France | 3.49 | 2023 | +2.07% | +4.73% | View data |
| 9 | 9 United Kingdom | 2.71 | 2023 | +0.92% | +0.077% | View data |
| 10 | 10 Finland | 0.93 | 2023 | +30.07% | +37.19% | View data |
