Germany - Artificial And Prepared Waxes Of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingExport of Polyethylene Glycol Wax in Germany Sees a Significant Decline to $3.6M in October 2023
Germany Polyethylene Glycol Wax Exports
In October 2023, polyethylene glycol wax exports from Germany contracted markedly to 1.1K tons, waning by -75.1% compared with September 2023 figures. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in January 2023 when exports increased by 24% against the previous month.
In value terms, polyethylene glycol wax exports shrank notably to $3.6M (IndexBox estimates) in October 2023. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in January 2023 when exports increased by 29% against the previous month.
| COUNTRY | Export Value of Polyethylene Glycol Wax in Germany (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| United Kingdom | 0.8 | 1.0 | 1.3 | 1.7 | 1.5 | 1.5 | 2.0 | 2.2 | 2.2 | 1.6 | 1.7 | 2.0 | 1.7 |
| United States | 1.0 | 0.8 | 0.8 | 0.5 | 0.5 | 1.2 | 0.6 | 0.9 | 0.7 | 0.5 | 0.4 | 1.0 | 0.4 |
| Turkey | 0.3 | 0.1 | 0.2 | 0.5 | 0.2 | 0.3 | 0.2 | 0.3 | 0.3 | 0.4 | 0.3 | < 0.1 | < 0.1 |
| Italy | 1.2 | 1.3 | 1.1 | 1.6 | 2.2 | 2.0 | 1.9 | 1.8 | 2.2 | 2.1 | 1.1 | 1.7 | N/A |
| France | 3.5 | 4.1 | 2.6 | 3.5 | 2.7 | 4.2 | 3.5 | 3.9 | 3.3 | 3.5 | 2.9 | 4.1 | N/A |
| Austria | 0.6 | 0.5 | 0.4 | 0.5 | 0.3 | 0.8 | 1.0 | 0.7 | 1.1 | 0.9 | 0.8 | 1.1 | N/A |
| Spain | 1.4 | 1.6 | 1.1 | 1.9 | 1.4 | 2.1 | 1.2 | 1.9 | 1.2 | 1.1 | 0.5 | 0.9 | N/A |
| Others | 3.3 | 3.3 | 4.4 | 5.1 | 4.9 | 4.6 | 4.3 | 3.8 | 2.6 | 4.4 | 5.2 | 4.3 | 1.4 |
| Total | 12.1 | 12.7 | 11.9 | 15.4 | 13.7 | 16.6 | 14.7 | 15.3 | 13.6 | 14.6 | 13.0 | 15.3 | 3.6 |
Exports by Country
The UK (760 tons) was the main destination for polyethylene glycol wax exports from Germany, with a 68% share of total exports. Moreover, polyethylene glycol wax exports to the UK exceeded the volume sent to the second major destination, the United States (95 tons), eightfold.
From October 2022 to October 2023, the average monthly rate of growth in terms of volume to the UK amounted to +6.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (-9.6% per month) and Turkey (-19.0% per month).
In value terms, the UK ($1.7M) emerged as the key foreign market for polyethylene glycol wax exports from Germany, comprising 48% of total exports. The second position in the ranking was held by the United States ($400K), with an 11% share of total exports.
From October 2022 to October 2023, the average monthly growth rate of value to the UK amounted to +6.2%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (-7.1% per month) and Turkey (-11.7% per month).
Export Prices by Country
In October 2023, the polyethylene glycol wax price stood at $3,244 per ton (FOB, Germany), dropping by -4.5% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 7% m-o-m. Over the period under review, the average export prices reached the maximum at $3,498 per ton in July 2023; however, from August 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Switzerland ($6,423 per ton), while the average price for exports to the UK ($2,295 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the polyethylene glycol wax market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20414270 - Artificial and prepared waxes of polyethylene glycol
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
