China’s Beeswax Exports Increased by 19% in 2014
China dominates in the global beeswax trade. In 2014, China exported X thousand tonnes 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 terms, accounting for X% of Germany's total imports.
Overall, the global beeswax trade reached X million USD, with a CAGR of X% from 2007 to 2014. In physical terms, it showed steady growth, rising from X thousand tonnes in 2007 to X thousand tonnes in 2014.
In 2014, the U.S. (X%), Germany (X%), France (X%), Japan (X%) and Italy (X%) were the leading destinations of beeswax imports, together making up X% of global imports. The share of the U.S. increased (+X percentage points), while the share of Germany illustrated negative dynamics (-X percentage points).
Malaysia and Germany were among the other main global suppliers of beeswax in 2014 with a combined share of X% of global exports. However, the fastest growing exporters from 2007 to 2014 were Malaysia (+X% per year) and China (+X% per year). Malaysia significantly strengthened its position in the global export structure, from X% in 2007 to X% in 2014.
Source: IndexBox AI Platform
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