Non-vegetable waxes market Turkey

Earlier Report Observations

The Turkish non-vegetable waxes market began the period at 4,381 tons in 2018. It contracted over the next two years, falling to 3,815 tons by 2020. This decline was primarily driven by disruptions in global supply chains during the COVID-19 pandemic, which constrained imports and production. During this time, however, consumer interest in natural and organic products strengthened, providing underlying support to demand.

From 2021, the market entered a recovery phase. The growing preference for clean-label and biodegradable ingredients in the cosmetics and personal care sector increased the usage of natural waxes. Furthermore, fluctuations in global petroleum prices made paraffin wax less attractive, boosting demand for natural alternatives. These factors helped lift the market volume to 4,092 tons in 2022.

The upward trend continued in 2023, with the market reaching 4,237 tons. A significant rebound in imports contributed to this expansion. Throughout the period, sustained demand from the cosmetics industry for natural and sustainable waxes remained a consistent driver of market activity.

Production non-vegetable waxes Turkey

In kind, 2017-2020, t

From 2017 to 2020, Turkey ranked as the world's fourth-largest producer of non-vegetable waxes.

Top producers of non-vegetable waxes, 2017-2020

World map of production of non-vegetable waxes, 2017-2020

Turkey's production of non-vegetable waxes declined for the third year in a row. In 2020, the country produced 3,765 tonnes, marking a modest 5.2% decrease compared to the previous year. Over the 2017-2020 period, production fell by 16.1%, with an average annual decline of 5.7%.

Annual dynamics of production Turkey in kind, 2017-2020, t

Exports non-vegetable waxes to Turkey

Exports in kind, t

Turkey's exports of non-vegetable waxes grew for the third consecutive year. In 2020, the country exported 36.5 tonnes, showing a measured 7.7% increase from the year before. From 2017 to 2020, exports surged by 887%, with an average annual growth rate of 114.5%.

Annual dynamics of product's exports to Turkey in kind, 2017-2020, t

Between 2017 and 2020, Iraq, Lebanon, and Iran were the main buyers of Turkey's non-vegetable waxes, accounting for 84.1% of total exports by volume. Iraq led with 60.8%, followed by Lebanon at 11.8% and Iran at 11.6%.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports to Turkey in kind, 2017-2020

Exports in value, K $ US

The market exhibited volatility during the observed period. Export values reached their lowest point in 2017 and peaked in 2019, with an eightfold difference between these years. In 2020, Turkey's non-vegetable waxes exports were valued at 200,000 US dollars, a 21.8% drop from the previous year. The highest value was recorded in 2019 at 255,000 US dollars, while the largest increase occurred in 2018 at 319.6%.

Annual dynamics of product's exports to Turkey in value, 2017-2020, K $ US

From 2017 to 2020, Iraq, Lebanon, and Iran accounted for the largest share of Turkey's non-vegetable waxes exports by value, making up 77.2% of the total. Iraq contributed 42.6%, Lebanon 17.4%, and Iran 17.2%.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports to Turkey in value, 2017-2020

Imports non-vegetable waxes in Turkey

Imports in kind, t

The data shows irregular changes, reflecting a volatile market environment. Imports hit their lowest point in 2020 and peaked in 2018, with a 4.7-fold difference between these years. In 2020, Turkey imported 86.8 tonnes of non-vegetable waxes, a steep 53.2% decline from the previous year. The highest volume was recorded in 2018 at 404.8 tonnes, with the largest decrease in 2019 at 54.1% and the largest increase in 2018 at 96.4%.

Annual dynamics of product's imports in Turkey in kind, 2017-2020, t

Between 2017 and 2020, China dominated Turkey's imports of non-vegetable waxes by volume, accounting for 74.5% of the total, while other countries made up the remainder.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports in Turkey in kind, 2017-2020

Imports in value, K $ US

Turkey's imports of non-vegetable waxes declined for the second year in a row. In 2020, import value stood at 756,000 US dollars, down 27.5% from 2019. Over the 2017-2020 period, imports fell by 47.4%, with an average annual decrease of 19.3%. The highest value was recorded in 2018 at 2,084,000 US dollars, with the largest drop in 2019 at 49.9% and the largest rise in 2018 at 44.9%.

Annual dynamics of product's imports in Turkey in value, 2017-2020, K $ US

From 2017 to 2020, China, Germany, and France were the key markets for Turkey's non-vegetable waxes imports by value, together accounting for 82.4% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports in Turkey in value, 2017-2020