Italy - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBeeswax Price in Italy - 2023
Contents:
- Beeswax Price in Italy (CIF) - 2023
- Beeswax Price in Italy (FOB) - 2022
- Beeswax Imports in Italy
- Beeswax Exports in Italy
Beeswax Price in Italy (CIF) - 2023
In July 2023, the average beeswax import price amounted to $10,412 per ton, declining by -9.8% against the previous month. In general, import price indicated a noticeable increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, beeswax import price decreased by -10.9% against May 2023 indices. The pace of growth was the most pronounced in September 2022 when the average import price increased by 48% m-o-m. The import price peaked at $11,688 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($27,285 per ton), while the price for China ($5,368 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Beeswax Price in Italy (FOB) - 2022
The average beeswax export price stood at $5,229 per ton in 2022, falling by -18.5% against the previous year. In general, the export price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 32% against the previous year. As a result, the export price reached the peak level of $8,325 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
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 the Czech Republic ($8,362 per ton), while the average price for exports to India ($1,853 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 Poland (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Beeswax Imports in Italy
In 2022, approx. 687 tons of beeswax were imported into Italy; which is down by -25% against the previous year's figure. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of 916 tons, and then shrank markedly in the following year.
In value terms, beeswax imports contracted significantly to $5.5M in 2022. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of $7.3M, and then reduced sharply in the following year.
| Import of Beeswax in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 2.0 | 3.2 | 2.3 | -11.3% |
| Netherlands | 0.7 | 0.9 | 1.5 | 1.2 | 19.7% |
| France | 1.6 | 1.0 | 1.4 | 1.2 | -9.1% |
| Germany | 0.7 | 0.6 | 1.0 | 0.8 | 4.6% |
| Others | 0.3 | 0.2 | 0.2 | N/A | -18.4% |
| Total | 6.7 | 4.6 | 7.3 | 5.5 | -6.4% |
Top Suppliers of Beeswax to Italy in 2022:
- China (440.4 tons)
- France (96.3 tons)
- Netherlands (90.5 tons)
- Germany (57.5 tons)
Beeswax Exports in Italy
Beeswax exports from Italy dropped notably to 314 tons in 2022, reducing by -42.8% compared with the previous year. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 234% against the previous year. As a result, the exports reached the peak of 548 tons, and then contracted notably in the following year.
In value terms, beeswax exports contracted significantly to $1.6M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 193%. As a result, the exports reached the peak of $3.5M, and then dropped sharply in the following year.
| Export of Beeswax in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 854 | 487 | 1,776 | 757 | -3.9% |
| India | 105 | 30.4 | 132 | 152 | 13.1% |
| Poland | 132 | 110 | 230 | 139 | 1.7% |
| Spain | 79.2 | 7.1 | 359 | 123 | 15.8% |
| Czech Republic | 82.2 | 1.4 | 111 | 96.5 | 5.5% |
| United Arab Emirates | N/A | N/A | N/A | 53.5 | 0% |
| Turkey | 26.7 | 8.7 | 79.7 | 21.5 | -7.0% |
| Egypt | 7.0 | 21.0 | 16.8 | 18.2 | 37.5% |
| Germany | 50.2 | 165 | 30.5 | 5.0 | -53.6% |
| Others | 304 | 371 | 782 | 274 | -3.4% |
| Total | 1,641 | 1,201 | 3,516 | 1,640 | -0.0% |
Top Export Markets for Beeswax from Italy in 2022:
- France (121.5 tons)
- India (82.3 tons)
- Poland (27.2 tons)
- Spain (27.2 tons)
- Czech Republic (11.5 tons)
- United Arab Emirates (6.5 tons)
- Egypt (6.3 tons)
- Turkey (5.1 tons)
- Germany (0.3 tons)
This report provides an in-depth analysis of the beeswax market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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
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