Report Update Feb 1, 2025

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

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Denmark: Beeswax Market 2025

Beeswax Market Size in Denmark

The Danish beeswax market declined rapidly to $X in 2022, reducing by -16.1% against the previous year. Overall, consumption saw a deep slump. Beeswax consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Beeswax Production in Denmark

In value terms, beeswax production stood at $X in 2022 estimated in export price. In general, production, however, recorded a mild slump. The growth pace was the most rapid in 2017 when the production volume increased by 40%. Beeswax production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Beeswax Exports

Exports from Denmark

For the third consecutive year, Denmark recorded growth in shipments abroad of beeswax, which increased by 73% to X tons in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 246% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, beeswax exports expanded markedly to $X in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 276%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for beeswax exports from Denmark, with a 42% share of total exports. Moreover, beeswax exports to Germany exceeded the volume sent to the second major destination, Norway (X tons), twofold. The third position in this ranking was taken by Thailand (X tons), with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +51.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+30.7% per year) and Thailand (+217.7% per year).

In value terms, Germany ($X) remains the key foreign market for beeswax exports from Denmark, comprising 52% of total exports. The second position in the ranking was held by Sweden ($X), with a 13% share of total exports. It was followed by Norway, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+24.9% per year) and Norway (+21.9% per year).

Export Prices by Country

In 2022, the average beeswax export price amounted to $X per ton, dropping by -33.7% against the previous year. Overall, the export price continues to indicate a perceptible slump. The growth pace was the most rapid in 2017 an increase of 146% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Thailand ($X 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 Poland (+20.9%), while the prices for the other major destinations experienced mixed trend patterns.

Beeswax Imports

Imports into Denmark

In 2022, approx. X tons of beeswax were imported into Denmark; growing by 155% compared with 2021 figures. Overall, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 172%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, beeswax imports skyrocketed to $X in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 213% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

Germany (X tons), Cameroon (X tons) and Zambia (X tons) were the main suppliers of beeswax imports to Denmark, with a combined 88% share of total imports. France, the UK and Norway lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +150.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Zambia ($X) and Cameroon ($X) appeared to be the largest beeswax suppliers to Denmark, together comprising 90% of total imports. France, Norway and the UK lagged somewhat behind, together accounting for a further 9.1%.

France, with a CAGR of +143.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average beeswax import price stood at $X per ton in 2022, waning by -8.5% against the previous year. Over the period under review, the import price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 55% against the previous year. The import price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Zambia ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beeswax in the world?

The countries with the highest volumes of beeswax consumption in 2021 were India, Benin and France, with a combined 44% share of global consumption.

What are the largest producers of beeswax in the world?

The countries with the highest volumes of beeswax production in 2021 were India, China and Ethiopia, with a combined 51% share of global production. These countries were followed by Argentina, Turkey, South Korea, Indonesia, Kenya, Angola, Tanzania, Brazil, the United States and Spain, which together accounted for a further 31%.

What are the leading suppliers of beeswax to Denmark?

In value terms, Zambia constituted the largest supplier of beeswax to Denmark, comprising 78% of total imports. The second position in the ranking was occupied by France, with an 8.3% share of total imports. It was followed by Germany, with a 5.6% share.

What are the leading importers of beeswax from Denmark?

In value terms, Germany remains the key foreign market for beeswax exports from Denmark, comprising 62% of total exports. The second position in the ranking was occupied by Sweden, with a 24% share of total exports. It was followed by Finland, with a 6.7% share.

What is the average export price for beeswax in Denmark?

In 2021, the average beeswax export price amounted to $9,001 per ton, which is down by -8.9% against the previous year.

What is the average import price for beeswax in Denmark?

The average beeswax import price stood at $17,666 per ton in 2021, increasing by 23% against the previous year.

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

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Producing Animals Slaughtered, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024