Report Belgium - Beeswax - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 24, 2021

Belgium - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Beeswax Market Overview 2021

Beeswax Market Size in Belgium

The Belgian beeswax market shrank remarkably to $X in 2020, falling by -X% against the previous year. In general, consumption saw a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Beeswax consumption peaked at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Beeswax Production in Belgium

In value terms, beeswax production skyrocketed to $X in 2020 estimated in export prices. Overall, production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Beeswax production peaked at $X in 2012; however, from 2013 to 2020, production stood at a somewhat lower figure.

The average yield of beeswax in Belgium stood at X kg per head in 2020, remaining constant against 2019. In general, the yield saw a relatively flat trend pattern.

The number of animals for beeswax production in Belgium stood at X head in 2020, remaining stable against the previous year's figure. In general, the number of producing animals continues to indicate a relatively flat trend pattern.

Beeswax Exports

Exports from Belgium

Beeswax exports from Belgium dropped to X tonnes in 2020, shrinking by -X% compared with 2019 figures. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, beeswax exports rose to $X in 2020. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2009 to 2020, the growth exports failed to regain the momentum.

Exports by Country

France (X tonnes) was the main destination for beeswax exports from Belgium, with a X% share of total exports. Moreover, beeswax exports to France exceeded the volume sent to the second major destination, Germany (X tonnes), threefold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and the Netherlands (-X% per year).

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the largest markets for beeswax exported from Belgium worldwide, together comprising X% of total exports.

Germany (+X% per year) saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average beeswax export price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, export price indicated a buoyant increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, beeswax export price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Beeswax Imports

Imports into Belgium

In 2020, after two years of decline, there was significant growth in overseas purchases of beeswax, when their volume increased by X% to X tonnes. Overall, imports, however, saw a abrupt curtailment. Imports peaked at X tonnes in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, beeswax imports skyrocketed to $X in 2020. Over the period under review, imports, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. from 2018 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

France (X tonnes), Bulgaria (X tonnes) and the Netherlands (X tonnes) were the main suppliers of beeswax imports to Belgium, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Bulgaria ($X) and the Netherlands ($X) were the largest beeswax suppliers to Belgium, with a combined X% share of total imports.

In terms of the main suppliers, Bulgaria (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average beeswax import price amounted to $X per tonne, waning by -X% against the previous year. In general, import price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. The import price peaked at $X per tonne in 2019, and then contracted remarkably in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beeswax in the world?
+
India (28K tonnes) remains the largest beeswax consuming country worldwide, accounting for 28% of total volume. Moreover, beeswax consumption in India exceeded the figures recorded by the second-largest consumer, Malaysia (9.4K tonnes), threefold. Ethiopia (5.6K tonnes) ranked third in terms of total consumption with a 5.5% share.
What are the largest producers of beeswax in the world?
+
The country with the largest volume of beeswax production was India (26K tonnes), comprising approx. 28% of total volume. Moreover, beeswax production in India exceeded the figures recorded by the second-largest producer, China (12K tonnes), twofold. The third position in this ranking was occupied by Malaysia (9.4K tonnes), with a 9.9% share.
What are the leading suppliers of beeswax to Belgium?
+
In value terms, France ($310K), Bulgaria ($179K) and the Netherlands ($131K) constituted the largest beeswax suppliers to Belgium, together comprising 74% of total imports.
What are the leading importers of beeswax from Belgium?
+
In value terms, Germany ($258K), the Netherlands ($253K) and France ($201K) constituted the largest markets for beeswax exported from Belgium worldwide, together accounting for 77% of total exports.
What is the average export price for beeswax in Belgium?
+
The average beeswax export price stood at $9,230 per tonne in 2020, increasing by 15% against the previous year.
What is the average import price for beeswax in Belgium?
+
The average beeswax import price stood at $8,824 per tonne in 2020, with a decrease of -22.4% against the previous year.
Product coverage:
• FCL 1183 - Beeswax

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


Country coverage:
• Belgium

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Belgium
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Producing Animals Slaughtered, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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