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

Beeswax Market Size in Indonesia

The Indonesian beeswax market surged to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Beeswax Production in Indonesia

In value terms, beeswax production dropped rapidly to $X in 2020 estimated in export prices. In general, production continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. Beeswax production peaked at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

In 2020, the average beeswax yield in Indonesia amounted to X kg per head, remaining constant against 2019. Overall, the yield saw a relatively flat trend pattern.

In 2020, the amount of producing animals in Indonesia was estimated at X head, remaining stable against the previous year's figure. Overall, the number of producing animals showed a relatively flat trend pattern.

Beeswax Exports

Exports from Indonesia

In 2020, approx. X kg of beeswax were exported from Indonesia; waning by -X% compared with 2019 figures. Overall, exports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, beeswax exports shrank significantly to $X in 2020. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

Japan (X kg) was the main destination for beeswax exports from Indonesia, with a X% share of total exports. Moreover, beeswax exports to Japan exceeded the volume sent to the second major destination, Germany (X kg), fourfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Japan amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Italy (-X% per year).

In value terms, Japan ($X) remains the key foreign market for beeswax exports from Indonesia, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Italy (+X% per year).

Export Prices by Country

In 2020, the average beeswax export price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the export price posted a significant increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Italy ($X per tonne), while the average price for exports to Japan ($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 Italy (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Beeswax Imports

Imports into Indonesia

Beeswax imports into Indonesia fell sharply to X tonnes in 2020, reducing by -X% against the year before. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Imports peaked at X tonnes in 2016; however, from 2017 to 2020, imports failed to regain the momentum.

In value terms, beeswax imports contracted dramatically to $X in 2020. In general, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2015 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, China (X tonnes) constituted the largest beeswax supplier to Indonesia, with a X% share of total imports. Moreover, beeswax imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, the largest beeswax suppliers to Indonesia were China ($X) and Germany ($X saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2020, the average beeswax import price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beeswax in the world?
+
India (28K tonnes) constituted the country with the largest volume of beeswax consumption, comprising approx. 29% of total volume. Moreover, beeswax consumption in India exceeded the figures recorded by the second-largest consumer, Malaysia (9.4K tonnes), threefold. Ethiopia (5.7K tonnes) ranked third in terms of total consumption with a 5.8% share.
What are the largest producers of beeswax in the world?
+
India (26K tonnes) remains the largest beeswax producing country worldwide, accounting for 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 9.8% share.
What are the leading suppliers of beeswax to Indonesia?
+
In value terms, the largest beeswax suppliers to Indonesia were China ($24K) and Germany ($20K).
What are the leading importers of beeswax from Indonesia?
+
In value terms, Japan ($14K) remains the key foreign market for beeswax exports from Indonesia, comprising 67% of total exports. The second position in the ranking was occupied by Germany ($6.2K), with a 30% share of total exports.
What is the average export price for beeswax in Indonesia?
+
In 2020, the average beeswax export price amounted to $62,939 per tonne, picking up by 4,046% against the previous year.
What is the average import price for beeswax in Indonesia?
+
The average beeswax import price stood at $6,571 per tonne in 2020, waning by -16% against the previous year.

Product coverage:
• FCL 1183 - Beeswax

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Indonesia
• 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  This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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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