Poland - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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Beeswax Market Size in Poland
In 2022, after two years of growth, there was significant decline in the Polish beeswax market, when its value decreased by -15% to $X. Overall, consumption, however, enjoyed prominent growth. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.
Beeswax Exports
Exports from Poland
In 2022, approx. X tons of beeswax were exported from Poland; picking up by 83% against the previous year. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 784%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, beeswax exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 366%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
Exports by Country
Germany (X tons) was the main destination for beeswax exports from Poland, accounting for a 88% share of total exports. Moreover, beeswax exports to Germany exceeded the volume sent to the second major destination, Latvia (X tons), more than tenfold. Ukraine (X kg) ranked third in terms of total exports with a 0.6% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +107.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+102.1% per year) and Ukraine (-5.3% per year).
In value terms, Germany ($X) remains the key foreign market for beeswax exports from Poland, comprising 76% of total exports. The second position in the ranking was taken by Latvia ($X), with a 3.8% share of total exports. It was followed by Ukraine, with a 0.6% share.
From 2012 to 2022, the average annual growth rate of value to Germany totaled +102.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+96.5% per year) and Ukraine (-0.8% per year).
Export Prices by Country
The average beeswax export price stood at $X per ton in 2022, declining by -29.6% against the previous year. In general, the export price showed a slight contraction. The pace of growth appeared the most rapid in 2016 an increase of 47% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Germany ($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 Spain (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.
Beeswax Imports
Imports into Poland
After two years of growth, supplies from abroad of beeswax decreased by -6.2% to X tons in 2022. Overall, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by 36%. Imports peaked at X tons in 2021, and then dropped in the following year.
In value terms, beeswax imports fell to $X in 2022. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 47%. Imports peaked at $X in 2021, and then contracted in the following year.
Imports by Country
In 2022, Germany (X tons) constituted the largest supplier of beeswax to Poland, with a 57% share of total imports. Moreover, beeswax imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with a 12% share.
From 2012 to 2022, the average annual growth rate of volume from Germany totaled +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.6% per year) and Spain (+424.7% per year).
In value terms, Germany ($X) constituted the largest supplier of beeswax to Poland, comprising 56% of total imports. The second position in the ranking was taken by Spain ($X), with a 13% share of total imports. It was followed by China, with an 11% share.
From 2012 to 2022, the average annual growth rate of value from Germany totaled +20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+421.6% per year) and China (+9.3% per year).
Import Prices by Country
In 2022, the average beeswax import price amounted to $X per ton, shrinking by -7.7% against the previous year. Over the period under review, the import price recorded a slight downturn. The growth pace was the most rapid in 2020 when the average import price increased by 8.1%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the beeswax market in Poland. 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:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- 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
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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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