What is the price of beeswax per kilogram/pound in South Africa today?
The retail price range for South Africa beeswax is between US$ 3.83 and US$ 7.65 per kilogram or between US$ 1.74 and US$ 3.47 per pound(lb). Click here to see today's exact prices of beeswax in South Africa
The retail price range in Rand for beeswax is between ZAR 74.34 and ZAR 148.68 per kilogram or between ZAR 33.72 and ZAR 67.43 per pound(lb) in Johannesburg and Cape Town.
Wholesale prices
In 2024, the approximate wholesale price range for South Africa beeswax is between US$ 2.68 and US$ 5.36 per kilogram or between US$ 1.21 and US$ 2.43 per pound(lb).
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South Africa Beeswax Export Prices - Historical, Trends and Prediction
In the years 2016, 2017, 2018, 2019 and 2020, the export price of Beeswax from South Africa was US$ 1.91, US$ 3.03, US$ 5.00, US$ 4.15 and US$ 2.34 per Kg respectively. For the year 2023, the predicted export price of Beeswax from South Africa is US$ 5.21 per Kg.
The exports of beeswax from South Africa are classified as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
South Africa Beeswax Import Prices - Historical, Trends and Prediction
The import price of Beeswax into South Africa has been quite volatile over the past five years. In 2011, the price was 0.88 US$ per kg, which then increased to 0.98 US$ per kg in 2012. However, the price dropped to 0.77 US$ per kg in 2013 before increasing to 0.85 US$ per kg in 2014. In 2015, the price skyrocketed to 4.2 US$ per kg, before dropping to 3.8 US$ per kg in 2016. The price then decreased further to 1.91 US$ per kg in 2017, before increasing to 3.03 US$ per kg in 2018. In 2019, the price rose to 5.0 US$ per kg, before dropping to 4.15 US$ per kg in 2020. The price then decreased to 2.34 US$ per kg in 2021, before increasing to 5.28 US$ per kg in 2022. Based on the data, it is predicted that the import price of Beeswax into South Africa will be 5.45 US$ per kg in 2023 and 5.62 US$ per kg in 2024.Export values for South Africa beeswax
The total values in export for beeswax in South Africa were US$ 38, US$ 42, US$ 100 and US$ 40 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in South Africa: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of beeswax in other countries across Africa: Algeria beeswax, Angola beeswax, Botswana beeswax, Burundi beeswax, Cameroon beeswax, Cape Verde beeswax, Central African Republic beeswax, Comoros beeswax, DRC Congo beeswax & Benin beeswax.
South Africa beeswax - Production, Exports, Imports, Seasons and HS Codes
In 2019 South Africa sold 20,649 tonnes of beeswax. For the year 2019 alone, the interest in South Africa beeswax (processed category) has decreased, flactuating by -4.813 pc compared to the year 2018. Between 2017 and 2019, beeswax' exports decreased by -7.37 percent netting the exporter US$0.04m for the year 2019. South Africa's beeswax exports are classified as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
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South Africa beeswax export values
In 2019, South Africa sold beeswax costing 0.04m USD, a contraction of -60.00% from 2018's total beeswax export of 0.1m USD. The yearly change in value of South Africa beeswax between 2017 to 2018 was 138.095%.
The yearly change in the quantity of South Africa's beeswax exports between 2017 and 2019 was -7.37 percent in comparison to a variation of -4.813% in the period between 2018 and 2019.
South Africa's stake of the world's total beeswax' exports in 2019 was less than 1%. South Africa is ranked position 55 in world exports of beeswax.
Export markets for South Africa beeswax ( in '000$ )
South Africa's top destinations for beeswax are Botswana, Zambia, Tanzania, Namibia and Mozambique.
Import/Export Trends
South Africa is a net importer of beeswax. The annual growth of South Africa beeswax in value between 2015 to 2019 was -17%, per annum, while annual growth in quantity was -22%, per annum.
South Africa imported 96 tonnes of beeswax in 2019.