Spain - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBeeswax Price in Spain - 2023
Contents:
- Beeswax Price in Spain (CIF) - 2022
- Beeswax Price in Spain (FOB) - 2022
- Beeswax Imports in Spain
- Beeswax Exports in Spain
Beeswax Price in Spain (CIF) - 2022
In 2022, the average beeswax import price amounted to $6,234 per ton, dropping by -1.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2021 when the average import price increased by 23%. The import price peaked at $6,485 per ton in 2017; however, from 2018 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 ($15,881 per ton), while the price for China ($3,924 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Beeswax Price in Spain (FOB) - 2022
The average beeswax export price stood at $6,852 per ton in 2022, with a decrease of -10.5% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 8.9% against the previous year. The export price peaked at $8,280 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($10,829 per ton), while the average price for exports to Romania ($6,174 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 the Netherlands (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Beeswax Imports in Spain
In 2022, imports of beeswax into Spain skyrocketed to 899 tons, picking up by 24% compared with the previous year. The total import volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, beeswax imports soared to $5.6M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Beeswax in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,619 | 1,365 | 1,751 | 2,061 | 8.4% |
| Germany | 721 | 1,101 | 1,228 | 1,394 | 24.6% |
| Cameroon | 547 | 193 | 228 | 747 | 10.9% |
| France | 626 | 507 | 418 | 665 | 2.0% |
| Netherlands | 388 | 493 | 537 | 434 | 3.8% |
| Italy | 6.0 | 189 | 334 | 289 | 263.8% |
| Others | 254 | 299 | 100 | 17.2 | -59.2% |
| Total | 4,161 | 4,149 | 4,595 | 5,607 | 10.5% |
Top Suppliers of Beeswax to Spain in 2022:
- China (525.2 tons)
- Cameroon (146.2 tons)
- Germany (87.8 tons)
- France (54.6 tons)
- Italy (48.3 tons)
- Netherlands (35.4 tons)
Beeswax Exports in Spain
In 2022, exports of beeswax from Spain surged to 375 tons, growing by 36% on the previous year. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 54% against the previous year. As a result, the exports reached the peak of 420 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, beeswax exports surged to $2.6M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -14.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 58%. As a result, the exports reached the peak of $3M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Beeswax in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 560 | 1,006 | 756 | 1,156 | 27.3% |
| Germany | 250 | 754 | 387 | 839 | 49.7% |
| Portugal | 114 | 170 | 179 | 129 | 4.2% |
| United Kingdom | 83.9 | 231 | 170 | 124 | 13.9% |
| Austria | N/A | 79.5 | 0.4 | 72.7 | -4.4% |
| Italy | 209 | 248 | 175 | 52.7 | -36.8% |
| Tunisia | 356 | 129 | 0.5 | N/A | -96.3% |
| Others | 323 | 373 | 441 | 194 | -15.6% |
| Total | 1,896 | 2,990 | 2,108 | 2,569 | 10.7% |
Top Export Markets for Beeswax from Spain in 2022:
- France (174.8 tons)
- Germany (119.3 tons)
- United Kingdom (20.0 tons)
- Portugal (15.4 tons)
- Austria (10.7 tons)
- Italy (7.5 tons)
This report provides an in-depth analysis of the beeswax market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
652
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56
From 2016 to 2023, the growth of Beeswax imports stayed at a slightly lower rate, with the value dropping significantly to $4.1M in 2023.
133
In November 2022, the growth rate of Beeswax imports reached an impressive 319% compared to the previous month. However, the value of Beeswax imports declined to $278K in September 2023.
118
In June 2023, Vegetable Waxes imports saw a rapid growth of 369% month-to-month. However, in October 2023, the value of vegetable waxes imports dropped significantly to $237K.
169
From September 2022 to July 2023, the import growth of Vegetable Waxes failed to rebound. The import value of Vegetable Waxes decreased to $418K in July 2023.
389
In July 2022, the maize oil price per ton stood at $2.2K (CIF, Spain), rising by 4.8% against the previous month.
1471
Global beeswax consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
9214
In 2015, the country with the largest volume of the beeswax output was India (X thousand tons), accounting for X% of global production.
1389
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
666
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.
1505
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
