Report Update Apr 1, 2025

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

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Japan: Beeswax Market 2025

Beeswax Market Size in Japan

In 2022, after three years of decline, there was significant growth in the Japanese beeswax market, when its value increased by 27% to $X. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Beeswax consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Beeswax Exports

Exports from Japan

Beeswax exports from Japan soared to X tons in 2022, increasing by 28% on the previous year. Over the period under review, exports, however, continue to indicate a perceptible contraction. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, beeswax exports surged to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The Philippines (X tons) was the main destination for beeswax exports from Japan, with a 35% share of total exports. Moreover, beeswax exports to the Philippines exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to the Philippines totaled +73.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-6.6% per year) and Taiwan (Chinese) (-7.6% per year).

In value terms, the largest markets for beeswax exported from Japan were Ireland ($X), the Philippines ($X) and South Korea ($X), together accounting for 63% of total exports.

Ireland, with a CAGR of +89.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 ton in 2022, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 14%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Thailand ($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 Ireland (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Beeswax Imports

Imports into Japan

In 2022, overseas purchases of beeswax increased by 46% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, beeswax imports surged to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Myanmar (X tons), Tanzania (X tons) and Vietnam (X tons) were the main suppliers of beeswax imports to Japan, with a combined 50% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +88.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest beeswax suppliers to Japan were Tanzania ($X), Vietnam ($X) and Thailand ($X), together comprising 44% of total imports. Ethiopia, Argentina, Taiwan (Chinese), China, Australia and Myanmar lagged somewhat behind, together accounting for a further 43%.

In terms of the main suppliers, Myanmar, with a CAGR of +70.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average beeswax import price amounted to $X per ton, dropping by -16.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 13%. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.5%), 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, together accounting for 44% 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, together accounting for 51% of global production. Argentina, Turkey, South Korea, Indonesia, Kenya, Angola, Tanzania, Brazil, the United States and Spain lagged somewhat behind, together comprising a further 31%.

What are the leading suppliers of beeswax to Japan?

In value terms, Vietnam, Thailand and Argentina constituted the largest beeswax suppliers to Japan, together comprising 42% of total imports.

What are the leading importers of beeswax from Japan?

In value terms, South Korea, Taiwan Chinese) and Vietnam were the largest markets for beeswax exported from Japan worldwide, with a combined 60% share of total exports. The UK, China, Thailand and Hong Kong SAR lagged somewhat behind, together accounting for a further 28%.

What is the average export price for beeswax in Japan?

In 2021, the average beeswax export price amounted to $14,448 per ton, falling by -29.7% against the previous year.

What is the average import price for beeswax in Japan?

In 2021, the average beeswax import price amounted to $8,096 per ton, increasing by 1.6% against the previous year.

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

Japan

Data coverage:

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

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