| Product Code: ETC13070662 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Colombia paraffin oil import market continued to thrive in 2024, with top suppliers including the United States, India, South Korea, Canada, and Mexico. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI) in 2024. The impressive compound annual growth rate (CAGR) of 21.21% from 2020 to 2024 demonstrates the robust expansion of the market. Moreover, the notable growth rate of 30.33% from 2023 to 2024 indicates a significant acceleration in import shipments, highlighting the increasing demand for paraffin oil in Colombia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Colombia Paraffin Oil Market Overview |
3.1 Colombia Country Macro Economic Indicators |
3.2 Colombia Paraffin Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Colombia Paraffin Oil Market - Industry Life Cycle |
3.4 Colombia Paraffin Oil Market - Porter's Five Forces |
3.5 Colombia Paraffin Oil Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Colombia Paraffin Oil Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Colombia Paraffin Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Colombia Paraffin Oil Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Colombia Paraffin Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for paraffin oil in various industries such as cosmetics, pharmaceuticals, and textiles. |
4.2.2 Growth in disposable income leading to higher spending on products like candles and lamp oil. |
4.2.3 Rising awareness about the benefits of using paraffin oil in agriculture and horticulture. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of crude oil impacting the cost of production and pricing of paraffin oil. |
4.3.2 Competition from alternative products such as soy wax and beeswax affecting market share. |
4.3.3 Environmental concerns and regulations regarding the use of petroleum-based products. |
5 Colombia Paraffin Oil Market Trends |
6 Colombia Paraffin Oil Market, By Types |
6.1 Colombia Paraffin Oil Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Colombia Paraffin Oil Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Colombia Paraffin Oil Market Revenues & Volume, By Light Paraffin Oil, 2021 - 2031F |
6.1.4 Colombia Paraffin Oil Market Revenues & Volume, By Heavy Paraffin Oil, 2021 - 2031F |
6.1.5 Colombia Paraffin Oil Market Revenues & Volume, By Food-Grade Paraffin Oil, 2021 - 2031F |
6.1.6 Colombia Paraffin Oil Market Revenues & Volume, By Technical Paraffin Oil, 2021 - 2031F |
6.2 Colombia Paraffin Oil Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Colombia Paraffin Oil Market Revenues & Volume, By Pharmaceutical, 2021 - 2031F |
6.2.3 Colombia Paraffin Oil Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.4 Colombia Paraffin Oil Market Revenues & Volume, By High-Purity, 2021 - 2031F |
6.2.5 Colombia Paraffin Oil Market Revenues & Volume, By Chemical, 2021 - 2031F |
6.3 Colombia Paraffin Oil Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Colombia Paraffin Oil Market Revenues & Volume, By Skin Care Products, 2021 - 2031F |
6.3.3 Colombia Paraffin Oil Market Revenues & Volume, By Machinery Lubrication, 2021 - 2031F |
6.3.4 Colombia Paraffin Oil Market Revenues & Volume, By Food Processing, 2021 - 2031F |
6.3.5 Colombia Paraffin Oil Market Revenues & Volume, By Rubber & Plastics, 2021 - 2031F |
6.4 Colombia Paraffin Oil Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Colombia Paraffin Oil Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.4.3 Colombia Paraffin Oil Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4.4 Colombia Paraffin Oil Market Revenues & Volume, By Food Industry, 2021 - 2031F |
6.4.5 Colombia Paraffin Oil Market Revenues & Volume, By Chemical Industry, 2021 - 2031F |
7 Colombia Paraffin Oil Market Import-Export Trade Statistics |
7.1 Colombia Paraffin Oil Market Export to Major Countries |
7.2 Colombia Paraffin Oil Market Imports from Major Countries |
8 Colombia Paraffin Oil Market Key Performance Indicators |
8.1 Consumption of paraffin oil per capita in Colombia. |
8.2 Number of new product launches or innovations in the paraffin oil market. |
8.3 Percentage of market share held by paraffin oil compared to its alternatives in specific industries. |
9 Colombia Paraffin Oil Market - Opportunity Assessment |
9.1 Colombia Paraffin Oil Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Colombia Paraffin Oil Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Colombia Paraffin Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Colombia Paraffin Oil Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Colombia Paraffin Oil Market - Competitive Landscape |
10.1 Colombia Paraffin Oil Market Revenue Share, By Companies, 2024 |
10.2 Colombia Paraffin Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |