South Africa - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingBeeswax Price in South Africa - 2023
Contents:
- Beeswax Price in South Africa (CIF) - 2022
- Beeswax Price in South Africa (FOB) - 2022
- Beeswax Imports in South Africa
- Beeswax Exports in South Africa
Beeswax Price in South Africa (CIF) - 2022
The average beeswax import price stood at $4,375 per ton in 2022, falling by -9.3% against the previous year. Overall, the import price saw a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 30%. The import price peaked at $10,143 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,602 per ton), while the price for Malaysia ($2,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Beeswax Price in South Africa (FOB) - 2022
The average beeswax export price stood at $2,901 per ton in 2022, which is down by -17.4% against the previous year. In general, the export price, however, recorded a remarkable increase. The growth pace was the most rapid in 2015 an increase of 72% against the previous year. As a result, the export price attained the peak level of $4,373 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($7,508 per ton), while the average price for exports to Lesotho ($2,166 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+54.5%), while the prices for the other major destinations experienced more modest paces of growth.
Beeswax Imports in South Africa
Beeswax imports into South Africa surged to 91 tons in 2022, growing by 31% compared with the previous year's figure. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 93%. As a result, imports reached the peak of 98 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, beeswax imports skyrocketed to $399K in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Beeswax in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 82.0 | 92.4 | 84.0 | 111 | 10.6% |
Germany | 65.9 | 114 | 113 | 101 | 15.3% |
Malaysia | N/A | 50.4 | 40.4 | 77.4 | 23.9% |
Netherlands | 108 | 78.6 | 51.2 | 64.8 | -15.7% |
Zambia | 19.6 | 6.1 | 8.5 | 26.2 | 10.2% |
United States | 13.8 | 6.7 | 2.3 | 0.4 | -69.3% |
Others | 42.1 | 17.8 | 35.7 | 18.8 | -23.6% |
Total | 332 | 366 | 335 | 399 | 6.3% |
Top Suppliers of Beeswax to South Africa in 2022:
- Malaysia (37.0 tons)
- China (31.7 tons)
- Germany (7.4 tons)
- Netherlands (7.1 tons)
- Zambia (6.9 tons)
- United States (0.2 tons)
Beeswax Exports in South Africa
In 2022, exports of beeswax from South Africa surged to 44 tons, increasing by 73% compared with the previous year. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 88%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, beeswax exports skyrocketed to $127K in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 64%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
Export of Beeswax in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 6.0 | 5.1 | 5.4 | 69.0 | 125.7% |
Botswana | 16.1 | 22.7 | 31.4 | 24.4 | 14.9% |
Swaziland | 0.1 | 0.1 | 0.1 | 11.1 | 380.6% |
Zimbabwe | 4.9 | 16.2 | 8.7 | 7.8 | 16.8% |
Namibia | 4.5 | 4.4 | 13.2 | 6.3 | 11.9% |
Lesotho | 0.4 | 0.3 | 27.1 | 3.9 | 113.6% |
Singapore | N/A | 0.2 | N/A | 0.1 | -29.3% |
Others | 7.9 | 5.2 | 2.9 | 4.4 | -17.7% |
Total | 39.8 | 54.2 | 88.7 | 127 | 47.2% |
Top Export Markets for Beeswax from South Africa in 2022:
- Singapore (undefined tons)
- Zambia (30.0 tons)
- Botswana (4.4 tons)
- Swaziland (4.2 tons)
- Lesotho (1.8 tons)
- Namibia (1.4 tons)
- Zimbabwe (1.0 tons)
This report provides an in-depth analysis of the beeswax market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1183 - Beeswax
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the beeswax market in South Africa.
This report provides an in-depth analysis of the vegetable waxes market in South Africa.
This report provides an in-depth analysis of the maize oil market in South Africa.
This report provides an in-depth analysis of the acetic acid market in South Africa.
This report provides an in-depth analysis of the copper washer market in South Africa.
This report provides an in-depth analysis of the crude maize oil market in South Africa.
This report provides an in-depth analysis of the market for electric resistance welding machine in South Africa.
This report provides an in-depth analysis of the pantyhose market in South Africa.
This report provides an in-depth analysis of the global beeswax market.
This report provides an in-depth analysis of the global vegetable waxes market.
Global beeswax consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
In 2015, the country with the largest volume of the beeswax output was India (X thousand tons), accounting for X% of global production.
China dominates in the global beeswax trade. In 2014, China exported X thousand tons of beeswax totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total beeswax exports in value
Brazil was the largest exporter of vegetable waxes in the world, with the volume of exports accounting for 14K tons, which was near 45% of total exports in 2018.
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
In 2015, the country with the largest volume of the maize oil output was the United States (X thousand tons), accounting for X% of global production.
The maize oil market reached X million USD, rising with an annual increase of X%.
The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tons of maize oil totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arabia, where it supplied X% of its total maize
In value terms, acetals and hemiacetals imports totaled $X in 2016. Overall, acetals and hemiacetals imports continue to indicate a mild deduction. Over the period under review, global acetals and h...
In value terms, acetals and hemiacetals exports totaled $X in 2016. In general, acetals and hemiacetals exports continue to indicate a relatively flat trend pattern. In that year, global acetals and...