Report Eastern Asia - Beeswax - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Eastern Asia - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Beeswax Market 2022

Beeswax Market Size in Eastern Asia

After three years of growth, the East Asian beeswax market decreased by -X% to $X in 2021. In general, consumption saw a mild shrinkage. The level of consumption peaked at $X in 2020, and then fell sharply in the following year.

Beeswax Production in Eastern Asia

In value terms, beeswax production reduced modestly to $X in 2021 estimated in export prices. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then dropped in the following year.

China (X tonnes) constituted the country with the largest volume of beeswax production, comprising approx. X% of total volume. Moreover, beeswax production in China exceeded the figures recorded by the second-largest producer, South Korea (X tonnes), fourfold.

From 2012 to 2021, the average annual growth rate of volume in China was relatively modest.

Production By Country in Eastern Asia

China (X tonnes) constituted the country with the largest volume of beeswax production, comprising approx. X% of total volume. Moreover, beeswax production in China exceeded the figures recorded by the second-largest producer, South Korea (X tonnes), fourfold.

In China, beeswax production remained relatively stable over the period from 2012-2021.

Beeswax Exports

Exports in Eastern Asia

Beeswax exports surged to X tonnes in 2021, with an increase of X% on the previous year. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, beeswax exports shrank modestly to $X in 2021. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of beeswax, namely China, represented more than two-thirds of total export.

China was also the fastest-growing in terms of the beeswax exports, with a CAGR of +X% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest beeswax supplier in Eastern Asia.

In China, beeswax exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the beeswax export price in Eastern Asia amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 when the export price increased by X% year-to-year. Over the period under review, the export prices hit record highs at $X per tonne in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -X% per year.

Beeswax Imports

Imports in Eastern Asia

In 2021, approx. X tonnes of beeswax were imported in Eastern Asia; stabilizing at the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, beeswax imports dropped to $X in 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Japan was the main importing country with an import of around X tonnes, which resulted at X% of total imports. South Korea (X tonnes) ranks second in terms of the total imports with a X% share, followed by China (X%), Hong Kong SAR (X%) and Taiwan (Chinese) (X%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (+X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest beeswax importing markets in Eastern Asia were Japan ($X), China ($X) and South Korea ($X), together accounting for X% of total imports.

Among the main importing countries, China, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The beeswax import price in Eastern Asia stood at $X per tonne in 2021, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per tonne in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in China ($X per tonne) and Taiwan (Chinese) ($X per tonne), while Hong Kong SAR ($X per tonne) and South Korea ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for beeswax in Eastern Asia?
+
The country with the largest volume of beeswax consumption was South Korea, accounting for 76% of total volume. Moreover, beeswax consumption in South Korea exceeded the figures recorded by the second-largest consumer, China, sixfold.
What are the largest producers of beeswax in Eastern Asia?
+
The country with the largest volume of beeswax production was China, comprising approx. 81% of total volume. Moreover, beeswax production in China exceeded the figures recorded by the second-largest producer, South Korea, fourfold.
What are the leading suppliers of beeswax in Eastern Asia?
+
In value terms, China remains the largest beeswax supplier in Eastern Asia.
What are the leading importers of beeswax in Eastern Asia?
+
In value terms, Japan, China and South Korea were the countries with the highest levels of imports in 2021, with a combined 91% share of total imports.
What is the average export price for beeswax in Eastern Asia?
+
The beeswax export price in Eastern Asia stood at $2,694 per tonne in 2021, with a decrease of -43.3% against the previous year.
What is the average import price for beeswax in Eastern Asia?
+
In 2021, the beeswax import price in Eastern Asia amounted to $8,250 per tonne, leveling off at the previous year.

This report provides an in-depth analysis of the beeswax market in Eastern Asia. 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:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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
CONSUMPTION BY COUNTRY
3.3
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 VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2021
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Producing Animals, By Country, 2007–2021
Table 7:
Yield, By Country, 2007–2021
Table 8:
Imports, In Physical Terms, By Country, 2007–2021
Table 9:
Imports, In Value Terms, By Country, 2007–2021
Table 10:
Import Prices, By Country Of Destination, 2007–2021
Table 11:
Exports, In Physical Terms, By Country, 2007–2021
Table 12:
Exports, In Value Terms, By Country, 2007–2021
Table 13:
Export Prices, By Country Of Origin, 2007–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2021
Figure 18:
Production, In Value Terms, 2007–2021
Figure 19:
Producing Animals, 2007–2021
Figure 20:
Yield, 2007–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2007–2021
Figure 23:
Producing Animals, By Country, 2021
Figure 24:
Producing Animals, By Country, 2007–2021
Figure 25:
Yield, By Country, 2007–2021
Figure 26:
Imports, In Physical Terms, 2007–2021
Figure 27:
Imports, In Value Terms, 2007–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2007–2021
Figure 30:
Imports, In Value Terms, By Country, 2007–2021
Figure 31:
Import Prices, By Country, 2007–2021
Figure 32:
Exports, In Physical Terms, 2007–2021
Figure 33:
Exports, In Value Terms, 2007–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2007–2021
Figure 36:
Exports, In Value Terms, By Country, 2007–2021
Figure 37:
Export Prices, 2007–2021
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