World - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
Which Country Produces the Most Beeswax in the World?
In 2015, the country with the largest volume of the beeswax output was India (X thousand tonnes), accounting for X% of global production. Moreover, beeswax output in India exceeded the figures recorded by the world's second largest producer, Ethiopia (X thousand tonnes), fourfold. The third position in this ranking was occupied by Argentina with a share of X%.
From 2007 to 2015, an average annual growth rate of beeswax producton in India stood at +X%. The remaining producing countries recorded the following average annual growth rates: Ethiopia (+X% per year) and Argentina (+X% per year).
Top X Beeswax Producing Countries in the World
X. India (X Tonnes)
X. Ethiopia (X Tonnes)
X. Argentina (X Tonnes)
X. South Korea (X Tonnes)
X. Turkey (X Tonnes)
X. Kenya (X Tonnes)
X. Angola (X Tonnes)
X. Mexico (X Tonnes)
X. United Republic of Tanzania (X Tonnes)
X. Spain (X Tonnes)
Global Beeswax Production
Global beeswax production amounted to X thousand tonnes in 2015, rising by +X% against the previous year level. Overall, the global beeswax output pursued a pronounced growth from 2007 to 2015. The trend pattern was relatively stable, with only minor fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, when the output figure increased by +X% from the previous year level. Over the period under review, the global beeswax production reached its maximum volume in 2015, and is likely to continue its growth in the immediate term.
Over the analyzed period, an increase in global beeswax production was primarily driven by disposable income growth, production of food, and growth of medical care and personal care products. Furthermore, these key drivers are expected to continue promoting the beeswax output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the honey bee population and a noticeable contraction of the yield figures.
The world honey bee population amounted to X thousand No in 2015, which was X% more than the previous year figure. The honey bee population indicated a noticeable increase over the period under review, representing a compound annual growth rate of +X% from 2007 to 2015. This trend pattern, however, indicated some mild fluctuations over the recent years. Over the period under review, the total honey bee population peaked in 2015, and is likely to continue its expansion in the immediate term, following rising demand for globally.
Do you want to know more about global beeswax market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- beeswax market share
- beeswax prices
- beeswax industry
- beeswax sales
- beeswax market forecast
- beeswax price forecast
- key beeswax producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global beeswax market. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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