Polyethylene glycol wax trade by country: top importers, exporters and prices
World trade in polyethylene glycol wax was worth $750.0 million in 2024, about 480.1 thousand tonnes. That is an increase of 118% since 2017, and up 5% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $750.0M | 480.1K t |
| 2023 | $715.3M | 383.0K t |
| 2022 | $773.5M | 353.5K t |
| 2021 | $643.7M | 327.3K t |
| 2020 | $474.0M | 254.2K t |
| 2019 | $437.3M | 211.8K t |
| 2018 | $418.0M | 189.5K t |
| 2017 | $344.0M | 156.4K t |
Top polyethylene glycol wax exporting countries
South Korea is the largest exporter with 32% of world exports, followed by China and Germany. The top three supply 71% between them, out of 86 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| South Korea | $240.6M | 32% |
| China | $146.0M | 20% |
| Germany | $144.8M | 19% |
| Belgium | $49.8M | 6.6% |
| United States | $47.8M | 6.4% |
| Japan | $20.0M | 2.7% |
| Russia | $18.5M | 2.5% |
| India | $17.1M | 2.3% |
| Italy | $7.0M | 0.9% |
| Taiwan | $6.6M | 0.9% |
| Mexico | $6.1M | 0.8% |
| Netherlands | $6.0M | 0.8% |
Top importing countries and buyer markets
The largest importers are Turkey (19%), India (12%) and France (8%). 162 countries imported it, and the top three take 39% of the value.
| Importer | Value | Share |
|---|---|---|
| Turkey | $140.8M | 19% |
| India | $88.6M | 12% |
| France | $60.1M | 8% |
| Italy | $43.2M | 5.8% |
| United States | $38.7M | 5.2% |
| China | $37.6M | 5% |
| United Kingdom | $35.5M | 4.7% |
| Spain | $28.8M | 3.8% |
| Vietnam | $25.0M | 3.3% |
| Germany | $24.0M | 3.2% |
| Austria | $23.1M | 3.1% |
| United Arab Emirates | $17.7M | 2.4% |
Average price per kg
The world average declared value was about $1.56 per kg in 2024. Among the main exporters, Japan averaged $9.71 per kg and Russia $1.07 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Polyethylene glycol wax (HS 3404.20) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 3404.20: Waxes: artificial and prepared, of poly(oxyethylene) (polyethylene glycol). HS 3404 codes.
Common questions
Which countries export the most polyethylene glycol wax?
South Korea exported $240.6 million in 2024, 32% of the world total, followed by China (19%) and Germany (19%). In all, 86 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most polyethylene glycol wax?
Turkey imported $140.8 million in 2024, 19% of world imports, ahead of India (12%) and France (8%). The top three importers together take 39%. Each country with its own page is linked from the table.
How big is the world trade in polyethylene glycol wax?
It was worth $750.0 million in 2024, about 480.1 thousand tonnes. That is an increase of 118% since 2017. The peak year was 2022 at $773.5 million. 86 countries reported exports and 162 reported imports.
What is the average price of polyethylene glycol wax per kg?
The world average declared value was about $1.56 per kg in 2024. Among the main exporters, Japan averaged $9.71 per kg and Russia $1.07 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for polyethylene glycol wax?
The HS code for polyethylene glycol wax is subheading 3404.20, in chapter 34 (soap, organic surface-active agents; washing, lubricating, polishing or scouring preparations; artificial or prepared waxes, candles and similar articles, modelling pastes, dental waxes and dental preparations with a basis of plaster). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 3404 page.
How can I find polyethylene glycol wax buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show polyethylene glycol wax buyers and suppliers on a short call.
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