Croatia - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBeeswax Price in Croatia - 2023
Contents:
- Beeswax Price in Croatia (CIF) - 2022
- Beeswax Price in Croatia (FOB) - 2022
- Beeswax Imports in Croatia
- Beeswax Exports in Croatia
Beeswax Price in Croatia (CIF) - 2022
The average beeswax import price stood at $9,954 per ton in 2022, waning by -8.2% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, beeswax import price increased by +36.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49%. As a result, import price reached the peak level of $10,845 per ton, and then dropped 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 Belgium ($21,367 per ton), while the price for Bulgaria ($7,525 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Beeswax Price in Croatia (FOB) - 2022
The average beeswax export price stood at $15,679 per ton in 2022, with an increase of 7% against the previous year. Over the period under review, the export price saw slight growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 81% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovenia ($16,787 per ton) and the UK ($16,500 per ton), while the average price for exports to Ireland ($11,322 per ton) and North Macedonia ($13,733 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Beeswax Imports in Croatia
In 2022, imports of beeswax into Croatia skyrocketed to 21 tons, picking up by 30% on the previous year. In general, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. As a result, imports attained the peak of 48 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, beeswax imports soared to $209K in 2022. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 26%. As a result, imports attained the peak of $349K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Beeswax in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.4 | 0.6 | 33.4 | 51.4 | 21.9% |
| Bulgaria | N/A | N/A | N/A | 45.2 | 0% |
| Netherlands | 12.7 | 19.4 | 22.6 | 28.6 | 31.1% |
| Slovenia | 26.0 | 40.5 | 32.5 | 27.9 | 2.4% |
| Italy | 15.2 | 26.5 | 34.2 | 26.1 | 19.7% |
| Bosnia and Herzegovina | N/A | N/A | 18.9 | 17.7 | -6.3% |
| Belgium | 0.1 | N/A | N/A | 8.1 | 332.7% |
| China | 138 | 109 | N/A | N/A | -21.0% |
| Serbia | 33.2 | 51.4 | 24.3 | N/A | -14.4% |
| Others | 23.6 | 101 | 9.0 | 4.2 | -43.8% |
| Total | 277 | 349 | 175 | 209 | -9.0% |
Top Suppliers of Beeswax to Croatia in 2022:
- Bulgaria (6.0 tons)
- Germany (3.9 tons)
- Slovenia (2.9 tons)
- Netherlands (2.7 tons)
- Italy (2.4 tons)
- Bosnia and Herzegovina (2.3 tons)
- Belgium (0.4 tons)
Beeswax Exports in Croatia
In 2022, overseas shipments of beeswax decreased by -42.9% to 1.3 tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 560%. As a result, the exports attained the peak of 4.8 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, beeswax exports fell notably to $21K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 444% against the previous year. As a result, the exports attained the peak of $56K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Beeswax in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 6.7 | 9.5 | 14.8 | 10.3 | 15.4% |
| Bosnia and Herzegovina | 3.6 | 17.5 | 9.5 | 5.5 | 15.2% |
| Ireland | N/A | N/A | 9.0 | 2.6 | -71.1% |
| North Macedonia | N/A | N/A | N/A | 1.6 | 0% |
| United Kingdom | N/A | 27.7 | 0.5 | N/A | -98.2% |
| Others | N/A | 1.6 | 0.2 | 0.6 | -38.8% |
| Total | 10.4 | 56.3 | 34.0 | 20.8 | 26.0% |
Top Export Markets for Beeswax from Croatia in 2022:
- Slovenia (614.0 kg)
- Bosnia and Herzegovina (337.0 kg)
- Ireland (230.0 kg)
- North Macedonia (120.0 kg)
- United Kingdom (2.0 kg)
This report provides an in-depth analysis of the beeswax market in Croatia. 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:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- 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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9220
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