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

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

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Beeswax Price in Luxembourg - 2023

Contents:

  1. Beeswax Price in Luxembourg (CIF) - 2022
  2. Beeswax Price in Luxembourg (FOB) - 2022
  3. Beeswax Imports in Luxembourg
  4. Beeswax Exports in Luxembourg

Beeswax Price in Luxembourg (CIF) - 2022

The average beeswax import price stood at $8,984 per ton in 2022, rising by 6% against the previous year. Overall, the import price, however, recorded a mild decline. The growth pace was the most rapid in 2016 an increase of 87% against the previous year. The import price peaked at $10,453 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($9,366 per ton), while the price for Germany stood at $8,632 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.7%).

Beeswax Price in Luxembourg (FOB) - 2022

The average beeswax export price stood at $30,204 per ton in 2022, picking up by 48% against the previous year. Overall, the export price recorded notable growth. The most prominent rate of growth was recorded in 2019 an increase of 225% against the previous year. As a result, the export price attained the peak level of $37,647 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($30,472 per ton), while the average price for exports to Belgium amounted to $16,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Beeswax Imports in Luxembourg

In 2022, approx. 18 tons of beeswax were imported into Luxembourg; with a decrease of -49.1% on the previous year. In general, imports faced a sharp contraction. The smallest decline of -8.7% was in 2020.

In value terms, beeswax imports shrank significantly to $165K in 2022. Over the period under review, imports showed a dramatic decline. The smallest decline of -10.8% was in 2020.

Import of Beeswax in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany363365289130-29.0%
Belgium1.222.913.229.7191.4%
Others72.41.02.95.2-58.4%
Total436389305165-27.7%

Top Suppliers of Beeswax to Luxembourg in 2022:

  1. Germany (15.0 tons)
  2. Belgium (3.2 tons)

Beeswax Exports in Luxembourg

In 2022, beeswax exports from Luxembourg surged to 54 kg, rising by 391% compared with the year before. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 400%. As a result, the exports attained the peak of 85 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, beeswax exports skyrocketed to $1.6K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Beeswax in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5661142.01,61541.8%
Belgium60.09.01.016.0-35.6%
France14.031.01.0N/A-73.3%
OmanN/AN/A218N/A0%
SingaporeN/A946N/AN/A0%
OthersN/AN/A2.0N/A0%
Total6401,1002241,63136.6%

Top Export Markets for Beeswax from Luxembourg in 2022:

  1. Germany (53.0 kg)
  2. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the beeswax market in Luxembourg. 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:

  • Luxembourg

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Luxembourg
  • 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:

  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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, PRODUCING ANIMALS AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Producing Animals Slaughtered, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Beeswax - Luxembourg