Netherlands: Beeswax Market 2022

Beeswax Market Size in the Netherlands

In 2021, the Dutch beeswax market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption saw a buoyant increase. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Beeswax Exports

Exports from the Netherlands

In 2021, overseas shipments of beeswax increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, the exports reached the maximum at X tonnes in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, beeswax exports surged to $X in 2021. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Thailand (X tonnes), Italy (X tonnes) and China (X tonnes) were the main destinations of beeswax exports from the Netherlands, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Italy (+X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Ireland ($X) constituted the largest markets for beeswax exported from the Netherlands worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Ireland, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average beeswax export price amounted to $X per tonne, dropping by -X% against the previous year. In general, the export price showed a noticeable contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per tonne, and then fell dramatically in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($X per tonne), while the average price for exports to Thailand ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Beeswax Imports

Imports into the Netherlands

In 2021, beeswax imports into the Netherlands surged to X tonnes, jumping by X% compared with 2020 figures. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tonnes in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, beeswax imports stood at $X in 2021. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth imports failed to regain momentum.

Imports by Country

Argentina (X tonnes), Belgium (X tonnes) and Vietnam (X tonnes) were the main suppliers of beeswax imports to the Netherlands, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Argentina ($X) and the United States ($X) constituted the largest beeswax suppliers to the Netherlands, with a combined X% share of total imports. Vietnam and Germany lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average beeswax import price amounted to $X per tonne, reducing by -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% year-to-year. The import price peaked at $X per tonne in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per tonne), while the price for Argentina ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform