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

Beeswax Market Size in the EU

After five years of decline, the EU beeswax market increased by X% to $X in 2020. The total consumption indicated a noticeable expansion from 2007 to 2020: its value 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 growth pace was the most rapid in 2014 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2015 to 2020, the growth of the market remained at a somewhat lower figure.

Beeswax Production in the EU

In value terms, beeswax production rose markedly to $X in 2020 estimated in export prices. The total production indicated temperate growth 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, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. As a result, production attained the peak level of $X. from 2015 to 2020, production growth remained at a lower figure.

Spain (X tonnes) constituted the country with the largest volume of beeswax production, accounting for X% of total volume. Moreover, beeswax production in Spain exceeded the figures recorded by the second-largest producer, France (X tonnes), threefold. The third position in this ranking was occupied by Greece (X tonnes), with a X% share.

In Spain, beeswax production remained relatively stable over the period from 2007-2020. in the other countries, the average annual rates were as follows: France (+X% per year) and Greece (+X% per year).

Production by Country in the EU

Spain (X tonnes) constituted the country with the largest volume of beeswax production, comprising approx. X% of total volume. Moreover, beeswax production in Spain exceeded the figures recorded by the second-largest producer, France (X tonnes), threefold. Greece (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in Spain was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: France (+X% per year) and Greece (+X% per year).

Beeswax Exports

Exports in the EU

In 2020, shipments abroad of beeswax decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, beeswax exports dropped to $X in 2020. Overall, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Germany was the largest exporter of beeswax in the European Union, with the volume of exports amounting to X tonnes, which was near X% of total exports in 2020. Spain (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by France (X%). Italy (X tonnes), Greece (X tonnes), the Czech Republic (X tonnes), Bulgaria (X tonnes), Belgium (X tonnes) and Poland (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to beeswax exports from Germany stood at +X%. at the same time, the Czech Republic (+X%), Greece (+X%), Bulgaria (+X%), Italy (+X%), Poland (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +X% from 2007-2020. by contrast, France (-X%) and Belgium (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Germany, Spain, Greece, the Czech Republic, Italy and Bulgaria increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Belgium (-X p.p.) and France (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest beeswax supplier in the European Union, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

In Germany, beeswax exports expanded at an average annual rate of +X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: France (+X% per year) and Spain (+X% per year).

Export Prices by Country

The beeswax export price in the European Union stood at $X per tonne in 2020, rising by X% against the previous year. Export price indicated moderate growth 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 most prominent rate of growth was recorded in 2008 when the export price increased by X% y-o-y. Over the period under review, export prices attained the peak figure at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

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

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

Beeswax Imports

Imports in the EU

In 2020, approx. X tonnes of beeswax were imported in the European Union; with an increase of X% against 2019 figures. Total imports indicated a tangible increase from 2007 to 2020: its volume 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, imports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. The volume of import peaked at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, beeswax imports stood at $X in 2020. Overall, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. The level of import peaked at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tonnes) and France (X tonnes) prevails in beeswax imports structure, together achieving X% of total imports. Spain (X tonnes) ranks next in terms of the total imports with a X% share, followed by Poland (X%) and Italy (X%). The following importers - Greece (X tonnes) and the Czech Republic (X tonnes) - together made up X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Czech Republic, while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Poland ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of total imports. These countries were followed by Italy, Spain, Greece and the Czech Republic, which together accounted for a further X the main importing countries, the Czech Republic saw the highest rates of growth with regard to 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 beeswax import price in the European Union amounted to $X per tonne, which is down by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Poland ($X per tonne), while Greece ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beeswax in the the EU?
+
The countries with the highest volumes of beeswax consumption in 2020 were France (3.7K tonnes), Germany (2.9K tonnes) and Spain (1.7K tonnes), together comprising 69% of total consumption. Greece, Poland, Italy, Portugal, the Czech Republic, Bulgaria and the Netherlands lagged somewhat behind, together comprising a further 25%.
What are the largest producers of beeswax in the the EU?
+
Spain (1.5K tonnes) remains the largest beeswax producing country in the European Union, comprising approx. 40% of total volume. Moreover, beeswax production in Spain exceeded the figures recorded by the second-largest producer, France (450 tonnes), threefold. Greece (418 tonnes) ranked third in terms of total production with a 11% share.
What are the leading exporters of beeswax in the the EU?
+
In value terms, Germany ($20M) remains the largest beeswax supplier in the European Union, comprising 58% of total exports. The second position in the ranking was occupied by France ($4.5M), with a 13% share of total exports. It was followed by Spain, with a 8.9% share.
What are the leading importers of beeswax in the the EU?
+
In value terms, the largest beeswax importing markets in the European Union were Germany ($29M), France ($17M) and Poland ($5.3M), together accounting for 73% of total imports. These countries were followed by Italy, Spain, Greece and the Czech Republic, which together accounted for a further 17%.
What is the average export price for beeswax in the the EU?
+
In 2020, the beeswax export price in the European Union amounted to $9,392 per tonne, rising by 4.1% against the previous year.
What is the average import price for beeswax in the the EU?
+
In 2020, the beeswax import price in the European Union amounted to $5,984 per tonne, falling by -7.2% against the previous year.

Product coverage:
• FCL 1183 - Beeswax

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



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in the EU, split by region and country
• Trade (exports and imports) in the EU
• 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 2007–2020
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 2007–2020
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

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Austria
• Belgium
• Bulgaria
• Croatia
• Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden
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, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Producing Animals, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
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, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Producing Animals, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Producing Animals, by Country, 2020
Figure 24:
Producing Animals, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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