Paraffin Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition
Paraffin Price Trend, Index and Forecast
Track the latest insights on paraffin price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.
Paraffin Prices Outlook Q3 2025
- USA: USD 1405/MT
- China: USD 908/MT
- Germany: USD 1676/MT
- Brazil: USD 1397/MT
- South Africa: USD 1432/MT
Paraffin Price Chart
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During the third quarter of 2025, the paraffin prices in the USA reached 1405 USD/MT in September. Domestic values were shaped by shifts in upstream petroleum fundamentals, with refiners adjusting output in response to evolving feedstock differentials. Supply flows were influenced by operational variations in key production hubs, prompting downstream processors to reassess procurement strategies. Seasonal demand patterns also contributed to market sentiment, particularly as wax-consuming industries aligned inventories with expected consumption cycles.
During the third quarter of 2025, the paraffin prices in China reached 908 USD/MT in September. Market fundamentals were shaped by adjustments in refinery operating rates, particularly as producers navigated variable margins and evolving output priorities. Demand from candle manufacturing, packaging, and related sectors shifted gradually, prompting modest recalibrations in procurement activity. Export sentiment fluctuated in line with shifting global purchasing cycles, encouraging suppliers to balance domestic and foreign commitments.
During the third quarter of 2025, the paraffin prices in Germany reached 1676 USD/MT in September. Market direction was influenced by refinery throughput adjustments as operators responded to evolving feedstock economics. Downstream segments, including personal care, packaging, and industrial processing, moderated purchasing volumes based on anticipated consumption patterns. Import participants evaluated sourcing conditions across key supply corridors, guided by shifts in global trade sentiment.
During the third quarter of 2025, the paraffin prices in Brazil reached 1397 USD/MT in September. Domestic refinery output played a central role in shaping supply conditions, as operators moderated production in line with prevailing operational economics. Demand from packaging, cosmetics, and specialty manufacturing sectors evolved steadily, prompting buyers to refine their purchasing cycles. Import considerations shifted due to varying international market conditions, encouraging traders to reassess sourcing patterns.
During the third quarter of 2025, the paraffin prices in South Africa reached 1432 USD/MT in September. Market trends were primarily influenced by refinery output flows, as producers optimized operations to match domestic requirements. End-use sectors demonstrated stable consumption levels, encouraging distributors to maintain balanced stock positions. Import participants monitored shifting global supply tendencies, adjusting procurement strategies accordingly. Logistical planning within regional transport corridors also informed delivery timing and order volumes.
Paraffin Prices Outlook Q2 2025
- USA: USD 1380/MT
- China: USD 878/MT
- Germany: USD 1656/MT
- Brazil: USD 1378/MT
- South Africa: USD 1405/MT
During the second quarter of 2025, the paraffin prices in the USA reached 1380 USD/MT in June. Market behavior was influenced by evolving refinery operations as producers aligned output with shifting feedstock conditions. Downstream buyers adjusted procurement volumes in response to seasonal consumption cycles, prompting recalibrated contracting activity. Trade dynamics reflected changes in export competitiveness, with participants monitoring international demand signals.
During the second quarter of 2025, the paraffin prices in China reached 878 USD/MT in June. Refinery utilization patterns influenced supply availability, with operators adjusting output to reflect domestic market priorities. End-use sectors, including packaging and candle manufacturing, exhibited variable demand, prompting incremental purchasing adjustments. Export sentiment shifted in line with global procurement cycles, encouraging traders to maintain flexible supply pathways.
During the second quarter of 2025, the paraffin prices in Germany reached 1656 USD/MT in June. Supply-side dynamics were guided by refiners’ responses to changing energy-market signals, influencing throughput patterns. Downstream buyers adopted measured procurement strategies to balance current needs with projected consumption trends. Import flows reflected shifts in global availability, prompting reassessment of sourcing channels.
During the second quarter of 2025, the paraffin prices in Brazil reached 1378 USD/MT in June. Domestic output variations influenced supply availability, with refiners adjusting operations in response to evolving market conditions. Demand from key downstream industries shifted as manufacturers aligned production with forecast consumption. Import sentiment was guided by changes in global trading behavior, prompting selective purchasing decisions.
During the second quarter of 2025, the paraffin prices in South Africa reached 1405 USD/MT in June. Market fundamentals reflected refinery output adjustments designed to balance domestic supply requirements. Downstream consumption patterns evolved incrementally, encouraging distributors to maintain stable yet flexible inventory positions. Import participants monitored shifting global trade signals to adjust sourcing strategies.
Paraffin Prices Outlook Q1 2025
- USA: USD 1360/MT
- China: USD 892/MT
- Germany: USD 1620/MT
- Brazil: USD 1425/MT
- South Africa: USD 1585/MT
During the first quarter of 2025, the paraffin prices in the USA reached 1360 USD/MT in March. As per the paraffin price chart, reduced demand from industries like polyethylene and detergents contributed to the pressure on prices. Besides, some supply chain bottlenecks, especially at major U.S. ports, impacted trade flows and contributed to the price volatility.
During the first quarter of 2025, paraffin prices in China reached 892 USD/MT in March. The Lunar New Year period in China saw a rise in demand for paraffin wax across various industries, including candle production and cosmetics, leading to price fluctuations. Besides, fluctuations in global crude oil prices, a major component of paraffin production, directly impacted manufacturing costs.
During the first quarter of 2025, the paraffin prices in Germany reached 1620 USD/MT in March. Paraffin prices in Germany exhibited a fluctuating trend, initially rising due to factors like increased crude oil prices and robust demand from industrial sectors and later stabilizing with a downward trend due to improved crude oil supply and reduced geopolitical risks. The market was also influenced by logistical disruptions and steady downstream demand.
During the first quarter of 2025, the paraffin prices in Brazil reached 1425 USD/MT in March. The market saw steady demand from industrial sectors, particularly pharmaceuticals and cosmetics, which remained robust throughout the quarter.
During the first quarter of 2025, the paraffin prices in South Africa reached 1585 USD/MT in March. Demand for paraffin was influenced by various factors, including seasonal needs, industrial applications, and consumer preferences. Besides, factors like government levies, taxes, and the implementation of favorable policies played a role in shaping paraffin prices.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing paraffin prices.
Europe Paraffin Price Trend
Q3 2025:
In the third quarter of 2025, the paraffin price index in Europe was shaped by refining-sector adjustments as operators responded to evolving energy-market cues. Downstream demand from packaging, personal care, and industrial users guided procurement cycles, with buyers moderating purchases to match anticipated usage patterns. Import flows were influenced by shifts in global availability, prompting reassessment of sourcing strategies. Distribution planning across the regional logistics network shaped delivery timing and stock alignment.
Q2 2025:
As per the paraffin price index, in the second quarter of 2025, the paraffin price index in Europe was guided by refinery responses to shifting feedstock conditions. Downstream consumption patterns evolved gradually, prompting buyers to align procurement with projected usage. Trade sentiment reflected variable import availability, shaping sourcing decisions. Inventory strategies aimed to maintain balanced stock levels without oversupply exposure. Transportation planning across regional logistics routes affected delivery consistency and order timing.
Q1 2025:
As per the paraffin price index, the supply of imported paraffin wax was constrained by labor shortages, port congestion, and ongoing port strikes, especially at important entry ports. Due to these difficulties, there was a brief market imbalance, which reduced domestic supply and raised prices. Besides, demand from core end-user industries like candle manufacturing and cosmetics remained relatively stable, impacting prices.
This analysis can be extended to include detailed paraffin price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Paraffin Price Trend
Q3 2025:
During Q3 2025, the paraffin price index in North America reflected balanced supply conditions shaped by refinery operating patterns. Seasonal demand influenced purchasing behavior, especially among wax-consuming industries, aligning production schedules. Trade activity responded to shifting export conditions as participants evaluated international competitiveness. Inventory strategies were developed to maintain adequate coverage while mitigating exposure to market fluctuations. Logistical considerations across inland transport routes affected delivery reliability and influenced procurement timing.
Q2 2025:
At the beginning of the quarter, the paraffin price index in North America was influenced by refinery throughput adjustments aligned with domestic requirements. Seasonal demand trends shaped purchasing volumes across wax-consuming sectors. Export competitiveness fluctuated in line with global sentiment, guiding trade activity. Inventory decisions focused on maintaining adequate coverage while monitoring market variability. Logistical considerations across inland transport networks influenced delivery scheduling.
Q1 2025:
Paraffin prices initially increased due to a surge in ethylene costs, elevated naphtha and crude oil prices, and tight supply caused by factors like refinery maintenance and port congestion. Besides, robust demand, particularly from the cosmetics sector, also influenced the pricing trends. Moreover, a shift away from naphtha in favor of cost-effective alternatives like ethane led to changes in paraffin prices.
Specific paraffin historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Paraffin Price Trend
Q3 2025:
As per the paraffin price chart, paraffin markets in the Middle East and Africa were shaped by production strategies within regional refining hubs. Supply allocation decisions responded to changing domestic consumption patterns, guiding distribution volumes. Export activities shifted in line with global purchasing sentiment, encouraging producers to manage commercial commitments with precision. Downstream industries adjusted procurement behavior based on expected consumption cycles.
Q2 2025:
During Q2, paraffin markets in the Middle East and Africa were shaped by production patterns across major refining hubs. Supply allocation shifted according to domestic and export priorities. Downstream industries adjusted procurement in line with consumption expectations, promoting structured contracting. International trade sentiment guided export activities, influencing supply availability. Regional logistics conditions shaped transactional timing and delivery plans.
Q1 2025:
As per the paraffin price chart, seasonal demand peaks and increased procurement activities in some regions led to an undersupplied market, forcing suppliers to adjust prices. Besides, geopolitical tensions and trade flow disruptions caused supply issues, further pushing prices. Moreover, the volatility of crude oil prices, a key feedstock for paraffin wax production, impacted manufacturing costs.
In addition to region-wise data, information on paraffin prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Paraffin Price Trend
Q3 2025:
In the Asia Pacific region, Q3 paraffin market behavior was influenced by shifts in refinery operating rates as producers aligned output with regional demand patterns. Consumption in packaging, candle manufacturing, and specialty applications evolved steadily, guiding procurement cycles. Export flows were shaped by global trade sentiment, encouraging traders to optimize sourcing routes. Inventory management strategies developed in response to anticipated downstream needs, contributing to stable transactional activity. Additionally, regional logistics considerations shaped delivery scheduling, ensuring balanced supply distribution.
Q2 2025:
In the Asia Pacific region, Q2 paraffin pricing was influenced by refinery operating decisions responding to evolving market economics. Downstream consumption changed gradually, prompting strategic procurement across key industries. Export sentiment shifted with global purchasing cycles, shaping sourcing routes. Inventory management focused on maintaining adequate coverage while adapting to market uncertainties. Regional transportation planning influenced delivery timing. Collectively, these factors led to stable and cautiously managed price behavior.
Q1 2025:
Paraffin prices in the Asia-Pacific region fluctuated due to a combination of factors, including crude oil price volatility, supply chain issues, and regional demand patterns. Crude oil, a key feedstock for paraffin production, experienced significant price swings, impacting manufacturing costs and, ultimately, paraffin prices. Supply chain disruptions, such as congested ports and logistical challenges, also contributed to price volatility.
This paraffin price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Paraffin Price Trend
Q3 2025:
Across Latin America, paraffin pricing in Q3 reflected moderated refinery operations influenced by evolving market economics. Downstream industries aligned purchasing behavior with production planning, adjusting procurement volumes accordingly. Import dynamics responded to global supply trends, guiding sourcing preferences. Inventory management strategies were designed to maintain consistent coverage without increasing exposure to uncertainty. Logistical planning within regional transport networks shaped order timing and delivery coordination.
Q2 2025:
Across Latin America, Q2 paraffin pricing reflected shifts in refinery operations designed to balance supply with domestic demand. Downstream industries modified purchasing in response to anticipated consumption patterns. Import considerations evolved with global availability trends, prompting selective sourcing strategies. Inventory decisions prioritized stability and reduced exposure to volatility.
Q1 2025:
As per the paraffin price index, improved logistics and consistent raw material inflows from Asia and Europe helped maintain supply levels, contributing to a more balanced market in some regions. Moreover, stable economic activity and moderate inflationary pressures supported overall demand.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Paraffin Pricing Report, Market Analysis, and News
IMARC's latest publication, “Paraffin Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the paraffin market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of paraffin at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed paraffin prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting paraffin pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Paraffin Industry Analysis
The global paraffin market size reached 2.35 Million Tons in 2025. By 2034, IMARC Group expects the market to reach 3.09 Million Tons, at a projected CAGR of 3.05% during 2026-2034. The market is primarily driven by the expanding demand in packaging, personal care, and candle manufacturing sectors, enhanced trade activities, and evolving downstream production requirements.
Latest News and Developments:
- November 2025: Researchers developed a new method to uniformly disperse and encapsulate small paraffin droplets within a porous graphene oxide (GO) skeleton using Pickering emulsion and freeze-drying techniques. The GO structure prevents leakage above the melting point while enhancing thermal regulation with minimal GO content. The resulting composite film shows strong stability, improved conductivity, and effective phase-change performance.
- May 2024: German company Hylmpulse successfully launched a paraffin-powered rocket capable of carrying satellites on a test suborbital flight into space for the first time. It is capable of carrying small satellites weighing up to 250 kg (551 pounds) to an altitude of up to 250 km while being fueled by paraffin, or candle wax, and liquid oxygen. Paraffin can be used as a cheaper and safer alternative fuel for rockets, reducing satellite transportation costs by as much as 50%, according to HyImpulse.
Product Description
Paraffin or paraffin wax refers to a white or colorless soft solid derived from petroleum, coal, or oil shale. It is composed of a mixture of hydrocarbon molecules, primarily consisting of long-chain alkanes. It is tasteless and odorless, making it suitable for various applications. It is extensively used for its excellent insulating and waterproofing properties in the industrial and commercial sectors. Paraffin is a key component in making candles, wax paper, lubricants, and polishes. It is used in treatments including heat therapy for muscle pain relief in the medical field. Paraffin is also employed in the food industry as a coating for fruits, vegetables, and certain confections to preserve freshness and appearance. It remains an essential material across multiple industries due to its versatility and wide range of applications.
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Paraffin |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Paraffin Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
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Plan C: Biannually Updates - Annual Subscription
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| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of paraffin pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting paraffin price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The paraffin price charts ensure our clients remain at the forefront of the industry.
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