Pakistan: Vegetable Waxes Market 2025

Vegetable Waxes Market Size in Pakistan

The Pakistani vegetable waxes market shrank to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a abrupt descent. Vegetable waxes consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Vegetable Waxes Production in Pakistan

In value terms, vegetable waxes production contracted to $X in 2022 estimated in export price. Over the period under review, production recorded a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Vegetable Waxes Exports

Exports from Pakistan

Vegetable waxes exports from Pakistan shrank dramatically to X kg in 2022, declining by X% against 2021 figures. Over the period under review, exports faced a precipitous shrinkage. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, vegetable waxes exports fell markedly to $X in 2022. Overall, exports saw a dramatic shrinkage. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for vegetable waxes exports from Pakistan, accounting for a approx. X% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to the Netherlands stood at X%.

In value terms, the Netherlands ($X) also remains the key foreign market for vegetable waxes exports from Pakistan.

From 2013 to 2022, the average annual growth rate of value to the Netherlands stood at X%.

Export Prices by Country

The average vegetable waxes export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price enjoyed a moderate expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Vegetable Waxes Imports

Imports into Pakistan

In 2022, overseas purchases of vegetable waxes increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, vegetable waxes imports surged to $X in 2022. In general, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest vegetable waxes supplier to Pakistan, accounting for a X% share of total imports. Moreover, vegetable waxes imports from Brazil exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Brazil ($X) constituted the largest supplier of vegetable waxes to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

The average vegetable waxes import price stood at $X per ton in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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