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

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Beeswax Market Size in Ireland

The Irish beeswax market fell rapidly to $X in 2020, waning by -X% against the previous year. Overall, consumption, however, showed a significant increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2019, and then shrank dramatically in the following year.

Beeswax Production in Ireland

In value terms, beeswax production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, production, however, showed a dramatic shrinkage. Over the period under review, production attained the peak level at $X in 2008; however, from 2009 to 2020, production remained at a lower figure.

The average yield of beeswax in Ireland stood at X kg per head in 2020, approximately reflecting the previous year's figure. In general, the yield showed a relatively flat trend pattern.

In 2020, approx. X head of producing animals were grown in Ireland; almost unchanged from 2019 figures. Overall, the number of producing animals recorded a relatively flat trend pattern.

Beeswax Exports

Exports from Ireland

In 2020, beeswax exports from Ireland skyrocketed to X kg, with an increase of X% on 2019. Overall, exports, however, showed a dramatic contraction. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, beeswax exports soared to $X in 2020. In general, exports, however, continue to indicate a drastic downturn. Over the period under review, exports attained the peak figure at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X kg) was the main destination for beeswax exports from Ireland, accounting for a approx. X% share of total exports.

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

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. was relatively modest.

Export Prices by Country

In 2020, the average beeswax export price amounted to $X per tonne, jumping by X% against the previous year. Overall, the export price enjoyed a resilient expansion. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to X% per year.

Beeswax Imports

Imports into Ireland

In 2020, overseas purchases of beeswax decreased by -X% to X tonnes, falling for the third consecutive year after four years of growth. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, beeswax imports plummeted to $X in 2020. Over the period under review, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2019, and then reduced rapidly in the following year.

Imports by Country

The UK (X tonnes), the U.S. (X tonnes) and Germany (X tonnes) were the main suppliers of beeswax imports to Ireland, together accounting for X% of total imports.

From 2007 to 2020, the biggest increases were in the U.S., while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest beeswax suppliers to Ireland were the U.S. ($X), the UK ($X) and Germany ($X), with a combined X% share of total imports.

Among the main suppliers, the U.S. (+X% per year) recorded 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 average beeswax import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price, however, showed a resilient increase. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per tonne in 2019, and then declined significantly in the following year.

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

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

Source: IndexBox AI 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, 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 Ireland?
+
In value terms, the U.S. ($120K), the UK ($91K) and Germany ($27K) were the largest beeswax suppliers to Ireland, with a combined 97% share of total imports.
What is the average export price for beeswax in Ireland?
+
In 2020, the average beeswax export price amounted to $40,162 per tonne, picking up by 437% against the previous year.
What is the average import price for beeswax in Ireland?
+
In 2020, the average beeswax import price amounted to $16,394 per tonne, dropping by -16.7% against the previous year.

Product coverage:
• FCL 1183 - Beeswax

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

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