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

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Beeswax Market Size in Brazil

The Brazilian beeswax market reduced remarkably to $X in 2020, which is down by -X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2020, consumption failed to regain the momentum.

Beeswax Production in Brazil

In value terms, beeswax production dropped to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2020, production remained at a lower figure.

In 2020, the average beeswax yield in Brazil was estimated at X kg per X heads, surging by X% against the year before. Overall, the yield indicated temperate growth from 2007 to 2020: its figure 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 yield increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the average beeswax yield attained the maximum level in 2020 and is likely to see gradual growth in the near future.

In 2020, number of number of animals for beeswax production in Brazil reached X heads, remaining relatively unchanged against the previous year. In general, the number of producing animals saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. As a result, the number of producing animals attained the peak level of X heads. From 2012 to 2020, the growth of this number remained at a somewhat lower figure.

Beeswax Exports

Exports from Brazil

In 2020, shipments abroad of beeswax increased by X% to X tonnes, rising for the fourth year in a row after four years of decline. In general, exports saw prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at X tonnes in 2012; afterwards, it flattened through to 2020.

In value terms, beeswax exports expanded slightly to $X in 2020. Over the period under review, total exports indicated a temperate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in the near future.

Exports by Country

Japan (X tonnes), China (X tonnes) and Chile (X tonnes) were the main destinations of beeswax exports from Brazil, together accounting for X% of total exports. These countries were followed by Pakistan, South Korea, Tunisia, Germany and the U.S., which together accounted for a further X 2007 to 2020, the biggest increases were in Tunisia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for beeswax exported from Brazil were Japan ($X), China ($X) and South Korea ($X), with a combined X% share of total exports. These countries were followed by Chile, Germany, Pakistan, the U.S. and Tunisia, which together accounted for a further X the main countries of destination, Germany (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average beeswax export price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Chile ($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 Germany, while the prices for the other major destinations experienced mixed trend patterns.

Beeswax Imports

Imports into Brazil

In 2020, the amount of beeswax imported into Brazil shrank notably to X tonnes, falling by -X% compared with the previous year's figure. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Imports peaked at X tonnes in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, beeswax imports shrank remarkably to $X in 2020. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, France (X tonnes) constituted the largest supplier of beeswax to Brazil, accounting for a X% share of total imports. Moreover, beeswax imports from France exceeded the figures recorded by the second-largest supplier, India (X kg), threefold. Canada (X kg) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Canada (X% per year).

In value terms, India ($X) constituted the largest supplier of beeswax to Brazil, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual growth rate of value from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and the U.S. (-X% per year).

Import Prices by Country

The average beeswax import price stood at $X per tonne in 2020, picking up by X% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was India ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI 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 29% of total volume. Moreover, beeswax consumption in India exceeded the figures recorded by the second-largest consumer, Indonesia (9.3K tonnes), threefold. Ethiopia (5.7K tonnes) ranked third in terms of total consumption with a 5.9% share.
What are the largest producers of beeswax in the world?
+
India (26K tonnes) constituted the country with the largest volume of beeswax production, accounting for 27% 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 Indonesia (10K tonnes), with a 10% share.
What are the leading suppliers of beeswax to Brazil?
+
In value terms, India ($16K) constituted the largest supplier of beeswax to Brazil, comprising 52% of total imports. The second position in the ranking was occupied by France ($3.9K), with a 13% share of total imports. It was followed by the U.S., with a 11% share.
What are the leading importers of beeswax from Brazil?
+
In value terms, Japan ($3.9M), China ($3M) and South Korea ($246K) were the largest markets for beeswax exported from Brazil worldwide, with a combined 91% share of total exports. These countries were followed by Chile, Germany, Pakistan, the U.S. and Tunisia, which together accounted for a further 4.8%.
What is the average export price for beeswax in Brazil?
+
In 2020, the average beeswax export price amounted to $5,810 per tonne, waning by -21.4% against the previous year.
What is the average import price for beeswax in Brazil?
+
The average beeswax import price stood at $6,639 per tonne in 2020, growing by 8.4% against the previous year.

Product coverage:
• FCL 1183 - Beeswax

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

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2025
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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