Ireland - Beeswax - Market Analysis, Forecast, Size, Trends and Insights

Ireland: Beeswax Market Overview 2019

Beeswax Market Size in Ireland

The revenue of the beeswax market in Ireland amounted to $X in 2017, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, beeswax consumption continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. Over the period under review, the beeswax market attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Beeswax Exports from Ireland

Beeswax exports from Ireland stood at X kg in 2017, declining by -X% against the previous year. Overall, beeswax exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2012, when it surged by X% y-o-y. The exports peaked of X tonnes in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, beeswax exports totaled $X in 2017. Overall, beeswax exports continue to indicate a precipitous setback. Over the period under review, the beeswax exports reached its maximum level of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Beeswax Exports by Country from Ireland

Greece (X tonnes), France (X tonnes) and the Netherlands (X kg) were the main destinations of beeswax exports from Ireland.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, largest markets for beeswax exported from Ireland were Greece ($X), France ($X) and the Netherlands ($X).

The UK (+X% per year) recorded the highest growth rate of exports, in terms of the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Beeswax Export Prices by Country in Ireland

The average beeswax export price stood at $X per tonne in 2017, going down by -X% against the previous year. Overall, beeswax export price continues to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2011, when the average export prices increased by X% against the previous year. Over the period under review, the average export prices for beeswax attained its maximum level of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the UK ($X per kg), while average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to the Netherlands (+X% per year), the export prices for other major destinations experienced mixed trend patterns.

Beeswax Imports into Ireland

In 2017, imports of beeswax into Ireland stood at X tonnes, going down by -X% against the previous year. In general, beeswax imports continue to indicate a slight shrinkage. The growth pace was the most rapid in 2011, when imports increased by X% year-to-year. Over the period under review, the beeswax imports reached its maximum volume of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, beeswax imports stood at $X in 2017. In general, beeswax imports continue to indicate a remarkable expansion. The imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Beeswax Imports by Country into Ireland

France (X tonnes), China (X tonnes) and the UK (X tonnes) were the main suppliers of beeswax imports to Ireland.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and China ($X) appeared to be the largest beeswax suppliers to Ireland.

Among the main suppliers , China (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Beeswax Import Prices by Country in Ireland

In 2017, the average beeswax import price amounted to $X per kg, approximately equating the previous year. In general, beeswax import price continues to indicate a strong expansion. The growth pace was the most rapid in 2014, an increase of X% against the previous year. Over the period under review, the average import prices for beeswax attained its peak figure level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was the UK ($X per kg), while prices for beeswax imports from China ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform