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

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Article Publishing Date: Jul 27, 2024

Notable Decline in Poland's Beeswax Imports to $4.4M in 2023

Poland Beeswax Imports

In 2023, purchases abroad of beeswax decreased by -16.4% to 602 tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 36% against the previous year. Over the period under review, imports reached the peak figure at 768 tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, beeswax imports fell to $4.4M (IndexBox estimates) in 2023. Overall, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 47%. Over the period under review, imports hit record highs at $5.9M in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure. Poland Beeswax Imports By Country (Thousand USD)

COUNTRY	Import Value of Beeswax in Poland (thousand USD)
COUNTRY	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Germany	539	1,137	859	1,260	2,643	2,932	1,976	2,316	3,053	2,805	2,276
China	539	344	197	284	27.5	13.2	5.5	87.3	92.5	292	545
Spain	N/A	N/A	N/A	N/A	0.1	N/A	0.2	1,032	195	637	372
Ukraine	N/A	N/A	592	1,019	865	768	615	818	1,851	368	320
Turkey	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	15.7	208
Netherlands	123	104	246	31.1	28.7	22.6	16.7	19.0	180	390	188
Tanzania	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	155
France	205	266	439	362	459	406	344	244	293	332	79.7
United Kingdom	249	331	568	400	331	202	290	405	21.7	N/A	N/A
Others	217	164	189	451	372	414	346	375	251	206	265
Total	1,873	2,346	3,089	3,808	4,727	4,757	3,593	5,295	5,936	5,046	4,409

Imports by Country

In 2023, Germany (281 tons) constituted the largest beeswax supplier to Poland, with a 47% share of total imports. Moreover, beeswax imports from Germany exceeded the figures recorded by the second-largest supplier, China (98 tons), threefold. Spain (48 tons) ranked third in terms of total imports with a 7.9% share.

From 2013 to 2023, the average annual growth rate of volume from Germany totaled +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.0% per year) and Spain (+282.1% per year).

In value terms, Germany ($2.3M) constituted the largest supplier of beeswax to Poland, comprising 52% of total imports. The second position in the ranking was held by China ($545K), with a 12% share of total imports. It was followed by Spain, with an 8.4% share.

From 2013 to 2023, the average annual growth rate of value from Germany stood at +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.1% per year) and Spain (+280.9% per year).

Import Prices by Country

In 2023, the beeswax price amounted to $7,323 per ton (CIF, Poland), with an increase of 4.5% against the previous year. In general, the import price, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2020 an increase of 8.1%. The import price peaked at $8,994 per ton in 2018; however, from 2019 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($21,000 per ton), while the price for Italy ($3,741 per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (+88.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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.

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

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

Notable Decline in Poland's Beeswax Imports to $4.4M in 2023

Poland Beeswax Imports

Imports by Country

Import Prices by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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