In 2023, Germany led European paraffin wax imports at 13.7 thousand terajoules, though it saw a decrease of 1.5% year-over-year. The Netherlands and Poland followed, each experiencing growth at 4.53% and 9.62% respectively. Notably, Italy recorded an 18.74% increase, while Lithuania encountered a significant drop of 20.39%. The UK, despite a smaller import volume of 2.0 thousand terajoules, recorded a 5.15% increase. Over a five-year period, countries have seen varied changes, with Poland and Bulgaria recording strong growth trajectories.
Future trends to watch in European paraffin wax imports include:
- Potential recovery or further decline in Germany's imports.
- Sustained growth in Italy and Poland, indicating rising demand or increased production capabilities.
- Market fluctuations in Lithuania warranting closer scrutiny.
- Monitoring of geopolitical and economic factors affecting trade relations, which could impact import levels across Europe.
Top countries in Paraffin Waxes Imports by Country
| # | 10 Countries | Terajoules | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,700 | 2023 | -1.82% | -1.5% | View data |
| 2 | 2 Netherlands | 7,140 | 2023 | +1.84% | +4.53% | View data |
| 3 | 3 Poland | 5,020 | 2023 | +2.52% | +9.62% | View data |
| 4 | 4 Italy | 4,490 | 2023 | +7.51% | +18.74% | View data |
| 5 | 5 France | 3,240 | 2023 | +9.67% | +0.5% | View data |
| 6 | 6 United Kingdom | 2,000 | 2023 | +0.79% | +5.15% | View data |
| 7 | 7 Czech Republic | 1,020 | 2023 | +2.52% | +9.54% | View data |
| 8 | 8 Spain | 878.6 | 2023 | +24.61% | +3.96% | View data |
| 9 | 9 Belgium | 689.29 | 2023 | +1.77% | +1.54% | View data |
| 10 | 10 Latvia | 547.56 | 2023 | +2.83% | +6.91% | View data |
