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United Arab Emirates - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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United Arab Emirates: Beeswax Market Overview 2021

Beeswax Market Size in the United Arab Emirates

In 2020, the beeswax market in the United Arab Emirates increased by X% to $X, rising for the second consecutive year after four years of decline. Overall, consumption showed a prominent increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Beeswax consumption peaked at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Beeswax Exports

Exports from the United Arab Emirates

In 2020, overseas shipments of beeswax decreased by -X% to X tonnes, falling for the second year in a row after three years of growth. Overall, exports, however, posted a measured increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2015 to 2020, the growth exports failed to regain the momentum.

In value terms, beeswax exports shrank notably to $X in 2020. Over the period under review, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2015 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Oman (X tonnes) was the main destination for beeswax exports from the United Arab Emirates, accounting for a X% share of total exports. Moreover, beeswax exports to Oman exceeded the volume sent to the second major destination, Iran (X tonnes), fivefold. The third position in this ranking was occupied by Uganda (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Oman amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+X% per year) and Uganda (+X% per year).

In value terms, Iran ($X), Oman ($X) and India ($X) were the largest markets for beeswax exported from the United Arab Emirates worldwide, together comprising X% of total exports.

Among the main countries of destination, Iran (+X% per year) saw 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

The average beeswax export price stood at $X per tonne in 2020, dropping by -X% against the previous year. In general, the export price faced a abrupt decrease. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was India ($X per tonne), while the average price for exports to Uganda ($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 Iran (+X% per year), while the prices for the other major destinations experienced mixed trend patterns.

Beeswax Imports

Imports into the United Arab Emirates

In 2020, overseas purchases of beeswax increased by X% to X tonnes, rising for the third year in a row after three years of decline. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at X tonnes in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, beeswax imports skyrocketed to $X in 2020. In general, imports posted prominent growth. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2020 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2020, Malaysia (X tonnes) constituted the largest beeswax supplier to the United Arab Emirates, accounting for a X% share of total imports. Moreover, beeswax imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tonnes), sevenfold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Malaysia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Germany (+X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of beeswax to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Malaysia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (+X% per year).

Import Prices by Country

The average beeswax import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beeswax in the world?
+
India (28K tonnes) remains the largest beeswax consuming country worldwide, accounting for 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?
+
The country with the largest volume of beeswax production was India (26K tonnes), accounting for 28% of total volume. Moreover, beeswax production in India exceeded the figures recorded by the second-largest producer, China (12K tonnes), twofold. Malaysia (9.4K tonnes) ranked third in terms of total production with a 9.8% share.
What are the leading suppliers of beeswax to the United Arab Emirates?
+
In value terms, Malaysia ($162K) constituted the largest supplier of beeswax to the United Arab Emirates, comprising 30% of total imports. The second position in the ranking was occupied by Germany ($76K), with a 14% share of total imports. It was followed by China, with a 14% share.
What are the leading importers of beeswax from the United Arab Emirates?
+
In value terms, Iran ($23K), Oman ($12K) and India ($9.6K) were the largest markets for beeswax exported from the United Arab Emirates worldwide, together accounting for 95% of total exports.
What is the average export price for beeswax in the United Arab Emirates?
+
In 2020, the average beeswax export price amounted to $3,323 per tonne, shrinking by -6% against the previous year.
What is the average import price for beeswax in the United Arab Emirates?
+
In 2020, the average beeswax import price amounted to $5,573 per tonne, waning by -20.9% against the previous year.

Product coverage:
• FCL 1183 - Beeswax

This report provides an in-depth analysis of the beeswax market in the United Arab Emirates. 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:
• United Arab Emirates

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