In 2024, the forecasted import of petroleum jelly and mineral waxes to Germany is valued at 384.17 million US dollars, marking a steady increase from previous years. The category continues to see a moderate rise through 2028, reaching an anticipated 399.23 million US dollars. The consistent year-on-year growth, averaging around 1-2%, highlights a stable demand trajectory.
Future trends to monitor include:
- Potential shifts in global energy policies affecting fossil-based imports
- Technological advancements in synthetic substitutes
- Changes in European Union regulations on environmental standards
