Report Update Nov 1, 2024

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

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Kazakhstan: Beeswax Market 2024

Beeswax Market Size in Kazakhstan

The Kazakh beeswax market contracted dramatically to $X in 2022, declining by -92.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a significant expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Beeswax Exports

Exports from Kazakhstan

In 2022, overseas shipments of beeswax increased by 13% to X kg for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, continue to indicate a deep setback. The exports peaked at X kg in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, beeswax exports stood at $X in 2022. In general, exports, however, continue to indicate a precipitous decline. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Uzbekistan (X kg) was the main destination for beeswax exports from Kazakhstan, accounting for a approx. 100% share of total exports.

From 2016 to 2022, the average annual rate of growth in terms of volume to Uzbekistan amounted to -6.5%.

In value terms, Uzbekistan ($X) also remains the key foreign market for beeswax exports from Kazakhstan.

From 2016 to 2022, the average annual rate of growth in terms of value to Uzbekistan totaled -6.3%.

Export Prices by Country

In 2022, the average beeswax export price amounted to $X per ton, which is down by -4.3% against the previous year. Overall, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by 8.3%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2016 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +0.2% per year.

Beeswax Imports

Imports into Kazakhstan

In 2022, approx. X kg of beeswax were imported into Kazakhstan; which is down by -94.3% on the year before. Over the period under review, imports, however, saw buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 6,405% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, beeswax imports contracted sharply to $X in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2016 with an increase of 7,183% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Kyrgyzstan (X kg) constituted the largest beeswax supplier to Kazakhstan, with a 85% share of total imports. Moreover, beeswax imports from Kyrgyzstan exceeded the figures recorded by the second-largest supplier, Russia (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Kyrgyzstan was relatively modest.

In value terms, Kyrgyzstan ($X) constituted the largest supplier of beeswax to Kazakhstan, comprising 89% of total imports. The second position in the ranking was taken by Russia ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Kyrgyzstan was relatively modest.

Import Prices by Country

The average beeswax import price stood at $X per ton in 2022, with an increase of 154% against the previous year. Over the period under review, the import price enjoyed a moderate increase. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kyrgyzstan ($X per ton), while the price for Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.4%).

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 comprising 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, 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 Kazakhstan?

In value terms, the largest beeswax suppliers to Kazakhstan were Russia, China and the UK $814), with a combined 99% share of total imports.

What is the average export price for beeswax in Kazakhstan?

In 2019, the average beeswax export price amounted to $2,959 per ton, declining by -2.1% against the previous year.

What is the average import price for beeswax in Kazakhstan?

In 2021, the average beeswax import price amounted to $3,680 per ton, increasing by 62% against the previous year.

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

Kazakhstan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kazakhstan
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023