Report Update Jul 15, 2024

Southern Asia - Beeswax - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Beeswax Market 2024

Beeswax Market Size in Southern Asia

The South Asian beeswax market was finally on the rise to reach $X in 2023, after two years of decline. In general, consumption showed a slight decrease. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market failed to regain momentum.

Beeswax Production in Southern Asia

In value terms, beeswax production expanded notably to $X in 2023 estimated in export price. Over the period under review, production saw a mild downturn. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.

The country with the largest volume of beeswax production was India (X tons), accounting for X% of total volume. It was followed by Pakistan (X tons), with a X% share of total production.

In India, beeswax production remained relatively stable over the period from 2012-2023.

Beeswax Exports

Exports in Southern Asia

Beeswax exports fell rapidly to X tons in 2023, with a decrease of X% on the year before. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, beeswax exports dropped sharply to $X in 2023. Total exports indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

India dominates exports structure, accounting for X tons, which was near X% of total exports in 2023. Sri Lanka (X tons) and Pakistan (X tons) followed a long way behind the leaders.

Exports from India increased at an average annual rate of X% from 2012 to 2023. At the same time, Pakistan (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2023. While the share of Pakistan (X p.p.) and Sri Lanka (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of India (X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest beeswax supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in India amounted to X%. In the other countries, the average annual rates were as follows: Sri Lanka (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the export price figures.

Beeswax Imports

Imports in Southern Asia

Beeswax imports fell to X tons in 2023, shrinking by X% on the year before. Over the period under review, imports, however, recorded a notable increase. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports remained at a lower figure.

In value terms, beeswax imports declined dramatically to $X in 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2022, and then reduced dramatically in the following year.

Imports by Country

India prevails in imports structure, recording X tons, which was near X% of total imports in 2023. Pakistan (X tons) held a minor share of total imports.

India was also the fastest-growing in terms of the beeswax imports, with a CAGR of X% from 2012 to 2023. Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of India increased by X percentage points.

In value terms, India ($X) constitutes the largest market for imported beeswax in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total imports.

In India, beeswax imports expanded at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, waning by X% against the previous year. Overall, the import price saw a perceptible decline. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Pakistan ($X per ton), while India stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Pakistan (X%).

Source: IndexBox Platform

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

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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. CONSUMPTION BY COUNTRY
3. 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 VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. PRODUCING ANIMALS AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Producing Animals, By Country, 2012-2023
7. Yield, By Country, 2012-2023
8. Imports, In Physical Terms, By Country, 2012–2023
9. Imports, In Value Terms, By Country, 2012–2023
10. Import Prices, By Country Of Destination, 2012–2023
11. Exports, In Physical Terms, By Country, 2012–2023
12. Exports, In Value Terms, By Country, 2012–2023
13. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2023
19. Production, In Value Terms, 2012–2023
20. Producing Animals, 2012–2023
21. Yield, 2012–2023
22. Production, By Country, 2023
23. Production, In Physical Terms, By Country, 2012–2023
24. Producing Animals, By Country, 2023
25. Producing Animals, By Country, 2012-2023
26. Yield, By Country, 2012-2023
27. Imports, In Physical Terms, 2012–2023
28. Imports, In Value Terms, 2012–2023
29. Imports, In Physical Terms, By Country, 2023
30. Imports, In Physical Terms, By Country, 2012–2023
31. Imports, In Value Terms, By Country, 2012–2023
32. Import Prices, By Country, 2012–2023
33. Exports, In Physical Terms, 2012–2023
34. Exports, In Value Terms, 2012–2023
35. Exports, In Physical Terms, By Country, 2023
36. Exports, In Physical Terms, By Country, 2012–2023
37. Exports, In Value Terms, By Country, 2012–2023
38. Export Prices, 2012–2023