United Arab Emirates - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBeeswax Price in the United Arab Emirates - 2021
Contents:
- Beeswax Price in the United Arab Emirates (CIF) - 2022
- Beeswax Price in the United Arab Emirates (FOB) - 2022
- Beeswax Imports in the United Arab Emirates
- Beeswax Exports in the United Arab Emirates
Beeswax Price in the United Arab Emirates (CIF) - 2022
In 2022, the average beeswax import price amounted to $4,558 per ton, waning by -7.4% against the previous year. Over the period under review, the import price, however, posted strong growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 110%. Over the period under review, average import prices hit record highs at $5,830 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($10,044 per ton), while the price for India ($2,554 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Beeswax Price in the United Arab Emirates (FOB) - 2022
The average beeswax export price stood at $9,317 per ton in 2022, with a decrease of -2.4% against the previous year. Overall, the export price, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 386% against the previous year. Over the period under review, the average export prices reached the peak figure at $10,615 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($54,465 per ton), while the average price for exports to Tanzania ($7,133 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+58.1%), while the prices for the other major destinations experienced more modest paces of growth.
Beeswax Imports in the United Arab Emirates
In 2022, approx. 166 tons of beeswax were imported into the United Arab Emirates; picking up by 27% against 2021. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 281% against the previous year. As a result, imports attained the peak of 303 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, beeswax imports soared to $758K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 109% against the previous year. As a result, imports reached the peak of $872K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Beeswax in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.4 | 50.1 | 251 | 223 | 352.9% |
| India | 72.6 | 35.6 | 24.5 | 76.7 | 1.8% |
| Italy | 16.8 | 81.5 | N/A | 65.6 | 57.5% |
| Jordan | N/A | N/A | N/A | 43.3 | 0% |
| United Kingdom | N/A | N/A | 14.4 | 42.4 | 194.4% |
| China | 136 | 210 | 12.2 | N/A | -70.0% |
| Japan | 158 | 54.4 | 57.3 | N/A | -39.8% |
| Saudi Arabia | N/A | 88.3 | N/A | N/A | 0% |
| Others | 32.2 | 352 | 285 | 307 | 112.0% |
| Total | 418 | 872 | 645 | 758 | 21.9% |
Top Suppliers of Beeswax to the United Arab Emirates in 2022:
- Germany (46.2 tons)
- India (30.0 tons)
- Italy (14.4 tons)
- Jordan (9.7 tons)
- United Kingdom (4.2 tons)
Beeswax Exports in the United Arab Emirates
After three years of growth, overseas shipments of beeswax decreased by -21.9% to 32 tons in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,064% against the previous year.
In value terms, beeswax exports shrank remarkably to $303K in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 995% against the previous year.
| Export of Beeswax in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 216 | 0% |
| India | N/A | N/A | N/A | 66.1 | 0% |
| Sri Lanka | N/A | N/A | N/A | 16.7 | 0% |
| Nigeria | N/A | 26.8 | N/A | N/A | 0% |
| Oman | 18.9 | 181 | 175 | N/A | 204.3% |
| Saudi Arabia | N/A | N/A | 222 | N/A | 0% |
| Others | 0.1 | N/A | 0.4 | 3.3 | 220.8% |
| Total | 19.0 | 208 | 397 | 303 | 151.7% |
Top Export Markets for Beeswax from the United Arab Emirates in 2022:
- Tanzania (30.4 tons)
- India (1.2 tons)
- Sri Lanka (0.8 tons)
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 2030.
Product coverage:
- FCL 1183 - Beeswax
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Producing Animals Slaughtered, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global beeswax consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
9212
In 2015, the country with the largest volume of the beeswax output was India (X thousand tons), accounting for X% of global production.
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China dominates in the global beeswax trade. In 2014, China exported X thousand tons of beeswax totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total beeswax exports in value
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