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Artificial waxes: top exporters and importers (2024)

In 2024, world trade in artificial waxes totaled $4.1 billion (1.7 million tonnes). The top exporters were Germany (17%), China (14%) and the United States (13%); the top importers were China (13%), the United States (8%) and India (6%). Compared with 2019, the value rose 39%.

Summary

World trade
$4.1billion
Tonnes
1.7million tonnes
Price per tonne
$2,333
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Germany$680 million · 16.7%
  2. China$559 million · 13.7%
  3. United States$520 million · 12.8%
  4. South Korea$373 million · 9.1%
  5. Malaysia$197 million · 4.8%
  6. Denmark$168 million · 4.1%
  7. Netherlands$146 million · 3.6%
    re-exports
  8. Belgium$145 million · 3.6%
    re-exports
  9. Indonesia$131 million · 3.2%
  10. Italy$117 million · 2.9%
  11. India$114 million · 2.8%
  12. France$105 million · 2.6%
  13. Japan$83 million · 2%
  14. Thailand$83 million · 2%
  15. United Kingdom$72 million · 1.8%
  16. Spain$61 million · 1.5%
  17. Poland$60 million · 1.5%
  18. Canada$59 million · 1.5%
  19. Singapore$57 million · 1.4%
    re-exports
  20. Belarus$44 million · 1.1%

Top importers

  1. China$529 million · 13%
  2. United States$329 million · 8.1%
  3. India$237 million · 5.8%
  4. Germany$228 million · 5.6%
  5. Turkey$224 million · 5.5%
  6. Italy$190 million · 4.7%
  7. France$182 million · 4.5%
  8. Netherlands$139 million · 3.4%
    re-exports
  9. Spain$123 million · 3%
  10. Poland$119 million · 2.9%
  11. United Kingdom$110 million · 2.7%
  12. Canada$110 million · 2.7%
  13. Mexico$103 million · 2.5%
  14. Vietnam$99 million · 2.4%
  15. South Korea$95 million · 2.3%
  16. Japan$94 million · 2.3%
  17. Brazil$82 million · 2%
  18. Thailand$72 million · 1.8%
  19. Belgium$72 million · 1.8%
    re-exports
  20. Indonesia$67 million · 1.7%

Trend

Who sells it

Germany has been the top exporter since 2003

Value in USD millions. The five largest exporters in 2024.

  • Germany 680
  • China 559
  • United States 520
  • South Korea 373
  • Malaysia 197

Source: CEPII BACI

Show the numbers
Country19952024
Germany237680
China2.9559
United States184520
South Korea6.1373
Malaysia22.4197

Price

Implied price

The price per tonne stayed close to $2,333 since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $2,333

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$2,424
1996$2,265
1997$2,035
1998$1,966
1999$1,884
2000$1,852
2001$1,810
2002$1,785
2003$1,806
2004$2,057
2005$2,136
2006$2,193
2007$2,289
2008$2,724
2009$2,499
2010$2,590
2011$2,845
2012$2,583
2013$2,899
2014$2,690
2015$2,419
2016$2,396
2017$2,383
2018$2,515
2019$2,353
2020$2,225
2021$2,541
2022$3,028
2023$2,601
2024$2,333

What it includes

  • 3404 · Artificial waxes

Products in the same chapter

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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