World - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Beeswax - Market Analysis, Forecast, Size, Trends and Insights

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Beeswax Market

Beeswax market: download the most recent info powered by an Ai-driven business intelligence platform. Datasets provide production, market prices, trade, companies, exports, imports, market size, and consumption. Here is a split by country, including the Middle East, the U.S., Latin America, the U.K., Russia, EU, China, and Africa. Market insights and outlook to 2030 are also provided in the snapshots.


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Beeswax - World's Largest Markets

RatingCountry
1India
2South Korea
3Ethiopia
4Argentina
5Turkey

In value terms, India led the market, alone. The second position in the ranking was occupied by South Korea. It was followed by Ethiopia.

In India, the beeswax market increased at an average annual rate of +7.1% over the period from 2019-2021. In the other countries, the average annual rates were as follows: South Korea (+1.9% per year) and Ethiopia (-3.0% per year).

Beeswax Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
China483246342481-28.3%
United States4368448249096.0%
Italy629973175737-4.6%
Tanzania846979808060-2.4%
Netherlands9064151228252-4.6%
Vietnam1033293829476-4.2%
Germany980295439603-1.0%
Average628864264564-14.8%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($9,603 per ton), while China ($2,481 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Japan908786778029-6.0%
Poland7578820077291.0%
Italy771476177114-4.0%
United States679469336422-2.8%
Netherlands641264616392-0.2%
Spain6285514563400.4%
United Kingdom770377925762-13.5%
Germany674358845660-8.4%
Algeria231021652255-1.2%
France415316452190-27.4%
India1692198217642.1%
Benin20182018616-44.8%
Uzbekistan25172531218-70.6%
Average586343904641-11.0%

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($8,029 per ton), while Uzbekistan ($218 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.

Beeswax - Top Importers

COUNTRY201920202021CAGR,
2019-2021
million USD
Germany2629295.4%
United States262125-2.0%
France10171312.1%
Italy6.74.67.24.0%
Poland3.65.35.928.4%

In value terms, Germany ($29M), the United States ($25M) and France ($13M) were the countries with the highest levels of imports in 2021, with a combined 46% share of global imports. Italy, Poland, Japan, Spain, the UK, India, the Netherlands, Algeria, Benin and Uzbekistan lagged somewhat behind, together comprising a further 26%.

India (+160.6% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Beeswax - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
million USD
China4742481.3%
Germany1820193.1%
United States98.87.7-7.1%
Netherlands5.25.46.815.0%
Tanzania45.46.325.5%

In value terms, China ($48M) remains the largest beeswax supplier worldwide, comprising 33% of global exports. The second position in the ranking was occupied by Germany ($19M), with a 13% share of global exports. It was followed by the United States, with a 5.3% share.

From 2019 to 2021, the average annual growth rate of value in China totaled +1.3%. In the other countries, the average annual rates were as follows: Germany (+3.1% per year) and the United States (-7.1% per year).

Beeswax - Market Forecast

Driven by rising demand for beeswax worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Beeswax - Top Companies

Henkel AG & Co. KGaA, The Clorox Company, S. C. Johnson & Son, Inc., Diversey, Inc., RECKITT BENCKISER SOUTH AFRICA (PTY) LTD, Versum Materials, Inc., Procter & Gamble Manufacturing GmbH, CH. KARNCHANG PUBLIC COMPANY LIMITED, NCH Corporation, Versum Materials Us, LLC, RECKITT BENCKISER PRODUCTION (POLAND) SP Z O O, S.C. JOHNSON & SON DE ARGENTINA S.A.I.C., KM Mahnke GmbH & Co. KG, Ecolab Co., Shantou Special Economic Zone Aimeishi Cosmetics Co., Ltd., SASOL WAX GMBH, The Clorox International Company, Gojo Industries, Inc., COLGATE-PALMOLIVE PTY LTD, Clorox Products Manufacturing Company

Beeswax - Product Coverage

  • HS 152190 - Waxes, other than vegetable, n.e.s. in heading no. 1521; whether or not refined or coloured

Source: IndexBox Market Intelligence 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 2030.

Product coverage:

  • FCL 1183 - Beeswax

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Koster Keunen, Bulk Apothecary, Seidler Chemical Co., Miller’s Honey Company, Aadra International, New Zealand Beeswax Ltd, Melland Ecogreen Technology Co., Paramold Manufacturing LLC, Ambrosia Natural Products, Hexton Bee Company, Barentz, Paramelt, Bulk Apothecary, Health & Beauty Natural Oils Co., Jedwards International, Betterbee, Candlewic Co., Calwax, Mann Lake Ltd., Strohmeyer & Arpe Company, Hase Petroleum Wax Co.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. PRODUCING ANIMALS AND YIELD BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Producing Animals, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Producing Animals, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Producing Animals, By Country, 2023
    25. Producing Animals, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023
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Global beeswax consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.

Which Country Produces the Most Beeswax in the World?
Oct 16, 2017
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In 2015, the country with the largest volume of the beeswax output was India (X thousand tons), accounting for X% of global production.

China’s Beeswax Exports Increased by 19% in 2014
Oct 8, 2015
Eye 1386

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

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Eye 661

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Free Data: Beeswax - World