In 2023, Germany led European imports of vegetable waxes with 4.16 million kg, followed by the Netherlands, Spain, and France. Estonia experienced a decline of 2.87%, while other notable variations included Croatia's large increase of 58.14% and Finland's rise by 46.95%. The five-year CAGR data indicates a diverse landscape across countries, with Luxembourg seeing the highest annual growth. Meanwhile, the UK and Italy demonstrated modest growth, and Greece registered a slight decrease.
Looking forward, the demand for sustainable and eco-friendly products is likely to influence the import dynamics. Vigilance on production innovations and regulatory changes will be crucial for industry stakeholders. Monitoring trade policies and consumer behavior shifting towards sustainability will also be vital to anticipate potential changes in the supply chain.
Top countries in Import of Vegetable Waxes by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,162,700 | 2023 | +1.33% | +7.94% | View data |
| 2 | 2 Netherlands | 2,017,900 | 2023 | +2.21% | +7.13% | View data |
| 3 | 3 Spain | 1,789,400 | 2023 | +1.88% | +7.75% | View data |
| 4 | 4 France | 1,749,700 | 2023 | +2.2% | +3.48% | View data |
| 5 | 5 United Kingdom | 1,316,900 | 2023 | +2.2% | +1.24% | View data |
| 6 | 6 Italy | 1,035,600 | 2023 | +5.62% | +1.66% | View data |
| 7 | 7 Estonia | 969,630 | 2023 | -16.48% | -2.87% | View data |
| 8 | 8 Belgium | 428,140 | 2023 | -0.96% | +4.47% | View data |
| 9 | 9 Portugal | 353,650 | 2023 | +19.81% | +6.63% | View data |
| 10 | 10 Croatia | 197,810 | 2023 | +6.58% | +58.14% | View data |
