Waxes; Artificial, Prepared Price in Denmark - 2023
Contents:
- Waxes; Artificial, Prepared Price in Denmark (FOB) - 2023
- Waxes; Artificial, Prepared Price in Denmark (CIF) - 2023
- Waxes; Artificial, Prepared Exports in Denmark
- Waxes; Artificial, Prepared Imports in Denmark
Waxes; Artificial, Prepared Price in Denmark (FOB) - 2023
The average waxes; artificial, prepared export price stood at $3,658 per ton in July 2023, declining by -2.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in December 2022 when the average export price increased by 11% m-o-m. Over the period under review, the average export prices hit record highs at $3,825 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was India ($4,857 per ton), while the average price for exports to Egypt ($3,019 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Waxes; Artificial, Prepared Price in Denmark (CIF) - 2023
The average waxes; artificial, prepared import price stood at $4,571 per ton in July 2023, increasing by 4.2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in June 2023 an increase of 28% month-to-month. Over the period under review, average import prices hit record highs in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8,048 per ton), while the price for France ($3,769 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Waxes; Artificial, Prepared Exports in Denmark
In 2022, the amount of waxes; artificial, prepared exported from Denmark fell to 58K tons, with a decrease of -4.6% against the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports reached the peak of 60K tons, and then declined slightly in the following year.
In value terms, waxes; artificial, prepared exports skyrocketed to $184M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Waxes; Artificial, Prepared in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.1 | 16.4 | 18.8 | 23.8 | 13.9% |
| Italy | 8.3 | 8.5 | 11.8 | 15.7 | 23.7% |
| Netherlands | 10.3 | 9.1 | 11.3 | 14.5 | 12.1% |
| France | 11.0 | 9.9 | 10.9 | 12.5 | 4.4% |
| United Kingdom | 7.5 | 3.2 | 7.6 | 11.5 | 15.3% |
| Russia | 3.1 | 4.1 | 5.0 | 8.7 | 41.1% |
| Turkey | 4.1 | 4.2 | 5.2 | 7.7 | 23.4% |
| Egypt | 4.4 | 5.5 | 5.5 | 7.7 | 20.5% |
| Belgium | 5.5 | 4.7 | 5.6 | 7.3 | 9.9% |
| Spain | 4.4 | 4.4 | 5.8 | 6.7 | 15.0% |
| Sweden | 3.9 | 3.5 | 4.1 | 4.8 | 7.2% |
| Poland | 2.6 | 2.5 | 3.2 | 4.3 | 18.3% |
| Brazil | 2.9 | 3.2 | 2.7 | 3.5 | 6.5% |
| Others | 40.5 | 41.4 | 45.8 | 55.1 | 10.8% |
| Total | 125 | 121 | 143 | 184 | 13.8% |
Top Export Markets for Waxes; Artificial, Prepared from Denmark in 2022:
- Germany (7.4K tons)
- Italy (5.1K tons)
- Netherlands (4.4K tons)
- France (4.2K tons)
- United Kingdom (3.9K tons)
- Russia (3.1K tons)
- Turkey (2.5K tons)
- Egypt (2.5K tons)
- Belgium (2.4K tons)
- Spain (2.0K tons)
- Sweden (1.6K tons)
- Brazil (1.4K tons)
- Poland (1.4K tons)
Waxes; Artificial, Prepared Imports in Denmark
In 2022, waxes; artificial, prepared imports into Denmark rose sharply to 4.2K tons, surging by 5.8% compared with the previous year. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 8.1% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, waxes; artificial, prepared imports skyrocketed to $16M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Waxes; Artificial, Prepared in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.5 | 5.2 | 6.5 | 8.1 | 21.6% |
| Malaysia | 1.1 | 0.9 | 1.0 | 2.4 | 29.7% |
| Netherlands | 1.5 | 1.2 | 1.5 | 1.5 | 0.0% |
| Sweden | 1.1 | 0.9 | 0.4 | 0.6 | -18.3% |
| Belgium | 0.3 | 0.6 | 0.8 | 0.6 | 26.0% |
| United States | 0.7 | 0.2 | 0.6 | 0.4 | -17.0% |
| Spain | N/A | N/A | 0.4 | 0.4 | 0.0% |
| France | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Others | 0.7 | 0.8 | 0.9 | 1.7 | 34.4% |
| Total | 10.1 | 10.0 | 12.3 | 16.1 | 16.8% |
Top Suppliers of Waxes; Artificial, Prepared to Denmark in 2022:
- Germany (1978.8 tons)
- Malaysia (1043.6 tons)
- Netherlands (348.2 tons)
- Belgium (148.7 tons)
- Spain (120.9 tons)
- Sweden (94.4 tons)
- France (75.8 tons)
- United States (47.9 tons)
394
This report provides an in-depth analysis of the polyethylene glycol wax market in Denmark.
566
This report provides an in-depth analysis of the global polyethylene glycol wax market.
394
This report provides an in-depth analysis of the polyethylene glycol wax market in Denmark.
566
This report provides an in-depth analysis of the global polyethylene glycol wax market.
831
In value terms, artificial, prepared waxes imports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total imports value increased at an average annual rate of...
841
In value terms, artificial, prepared waxes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicate...
831
In value terms, artificial, prepared waxes imports totaled $X in 2016. Overall, it indicated a significant increase from 2007 to 2016: the total imports value increased at an average annual rate of...
841
In value terms, artificial, prepared waxes exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicate...
