Report Update Nov 1, 2024

Luxembourg - Artificial and Prepared Waxes of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends and Insights

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Luxembourg: Polyethylene Glycol Wax Market 2024

Polyethylene Glycol Wax Market Size in Luxembourg

In 2021, the Luxembourg polyethylene glycol wax market was finally on the rise to reach $X for the first time since 2015, thus ending a five-year declining trend. In general, consumption, however, recorded a dramatic shrinkage. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Polyethylene Glycol Wax Exports

Exports from Luxembourg

In 2021, shipments abroad of artificial and prepared waxes of polyethylene glycol decreased by 0% to X kg, falling for the second consecutive year after three years of growth. Overall, exports saw a measured increase. The most prominent rate of growth was recorded in 2013 with an increase of 760% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, polyethylene glycol wax exports stood at $X in 2021. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 351% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for polyethylene glycol wax exports from Luxembourg, with a 96% share of total exports. Moreover, polyethylene glycol wax exports to France exceeded the volume sent to the second major destination, Belgium (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to France totaled +61.6%.

From 2012 to 2021, the average annual growth rate of value to France totaled +85.0%.

Export Prices by Country

The average polyethylene glycol wax export price stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the export price recorded significant growth. The growth pace was the most rapid in 2019 an increase of 66% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.

Polyethylene Glycol Wax Imports

Imports into Luxembourg

In 2021, supplies from abroad of artificial and prepared waxes of polyethylene glycol was finally on the rise to reach X tons after five years of decline. Overall, imports, however, continue to indicate a precipitous contraction. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, polyethylene glycol wax imports surged to $X in 2021. In general, imports, however, saw a sharp slump. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) was the main supplier of polyethylene glycol wax to Luxembourg, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -44.4%.

In value terms, Germany ($X) constituted the largest supplier of artificial and prepared waxes of polyethylene glycol to Luxembourg.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -44.6%.

Import Prices by Country

In 2021, the average polyethylene glycol wax import price amounted to $X per ton, which is down by -86.7% against the previous year. In general, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2018 an increase of 378% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then declined notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to -0.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial and prepared waxes of polyethylene glycol in the world?

China constituted the country with the largest volume of polyethylene glycol wax consumption, comprising approx. 25% of total volume. Moreover, polyethylene glycol wax consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 9.5% share.

What are the largest producers of artificial and prepared waxes of polyethylene glycol in the world?

China constituted the country with the largest volume of polyethylene glycol wax production, accounting for 24% of total volume. Moreover, polyethylene glycol wax production in China exceeded the figures recorded by the second-largest producer, South Korea, twofold. The third position in this ranking was occupied by the United States, with an 11% share.

What are the leading suppliers of artificial and prepared waxes of polyethylene glycol to Luxembourg?

In value terms, Germany constituted the largest supplier of polyethylene glycol wax to Luxembourg.

What is the average export price for artificial and prepared waxes of polyethylene glycol in Luxembourg?

The average polyethylene glycol wax export price stood at $5,071 per ton in 2021, remaining stable against the previous year.

What is the average import price for artificial and prepared waxes of polyethylene glycol in Luxembourg?

The average polyethylene glycol wax import price stood at $2,451 per ton in 2021, dropping by -85.8% against the previous year.

This report provides an in-depth analysis of the polyethylene glycol wax market in Luxembourg. 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:

Luxembourg

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Luxembourg
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023