New Zealand - Beeswax - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBeeswax Price in New Zealand - 2023
Contents:
- Beeswax Price in New Zealand (FOB) - 2022
- Beeswax Price in New Zealand (CIF) - 2022
- Beeswax Exports in New Zealand
- Beeswax Imports in New Zealand
Beeswax Price in New Zealand (FOB) - 2022
In 2022, the average beeswax export price amounted to $13,175 per ton, shrinking by -11.9% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average export price increased by 47% against the previous year. As a result, the export price reached the peak level of $16,437 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +37.5% per year.
Beeswax Price in New Zealand (CIF) - 2022
The average beeswax import price stood at $11,332 per ton in 2022, falling by -35.7% against the previous year. Over the period under review, the import price, however, saw a slight expansion. The growth pace was the most rapid in 2021 when the average import price increased by 119% against the previous year. As a result, import price attained the peak level of $17,614 per ton, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($104,567 per ton), while the price for China ($8,644 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Beeswax Exports in New Zealand
In 2022, the amount of beeswax exported from New Zealand rose markedly to 55 tons, increasing by 6.6% on 2021. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 90% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, beeswax exports declined to $722K in 2022. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 108%. As a result, the exports reached the peak of $770K, and then reduced in the following year.
Export of Beeswax in New Zealand (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 20.0 | 157 | 446 | 722 | 230.5% |
Fiji | N/A | 47.2 | 14.0 | N/A | -70.3% |
Germany | 399 | N/A | 99.9 | N/A | -50.0% |
Netherlands | N/A | 153 | 26.2 | N/A | -82.9% |
Israel | N/A | N/A | 17.8 | N/A | 0% |
Others | 7.5 | 13.0 | 165 | 0.2 | -70.1% |
Total | 427 | 370 | 770 | 722 | 19.1% |
Top Export Markets for Beeswax from New Zealand in 2022:
- Australia (54.8 tons)
Beeswax Imports in New Zealand
In 2022, purchases abroad of beeswax was finally on the rise to reach 11 tons after two years of decline. In general, imports, however, recorded a deep contraction.
In value terms, beeswax imports expanded significantly to $130K in 2022. Overall, imports, however, showed a abrupt shrinkage.
Import of Beeswax in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 68.4 | 107 | 34.1 | 59.6 | -4.5% |
United States | 120 | 42.2 | 42.0 | 58.3 | -21.4% |
India | 4.8 | 9.8 | 9.2 | 8.5 | 21.0% |
United Kingdom | 5.7 | 1.3 | N/A | 1.9 | -30.7% |
Malaysia | 8.3 | N/A | N/A | N/A | 0% |
Others | 11.8 | 2.3 | 32.6 | 1.8 | -46.6% |
Total | 219 | 163 | 118 | 130 | -16.0% |
Top Suppliers of Beeswax to New Zealand in 2022:
- China (6.9 tons)
- United States (3.6 tons)
- India (0.7 tons)
- United Kingdom (0.2 tons)
This report provides an in-depth analysis of the beeswax market in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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