What is the price of beeswax per kilogram/pound in China today?
The retail price range for China beeswax is between US$ 3.77 and US$ 6.99 per kilogram or between US$ 1.71 and US$ 3.17 per pound(lb). Click here to see today's exact prices of beeswax in China
The retail price range in Yuan Renminbi for beeswax is between CNY 26.41 and CNY 48.98 per kilogram or between CNY 11.98 and CNY 22.21 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China beeswax is between US$ 2.64 and US$ 4.89 per kilogram or between US$ 1.20 and US$ 2.22 per pound(lb).
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China Beeswax Export Prices - Historical, Trends and Prediction
The export price of Beeswax from China over the last five years has seen a steady decline. In 2017, the price was 5.98 US$ per kg, which dropped to 5.58 US$ per kg in 2018. This downward trend continued in 2019, with the price dropping to 4.83 US$ per kg. In 2020, the price dropped further to 4.63 US$ per kg, and in 2021, it was 4.67 US$ per kg. The most recent data shows that the export price of Beeswax from China is 5.04 US$ per kg. Based on this trend, it is predicted that the export price of Beeswax from China in 2023 will be around 4.44 US$ per kg, and in 2024, it will be around 4.24 US$ per kg.The exports of beeswax from China are classified as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
China Beeswax Import Prices - Historical, Trends and Prediction
The import price of Beeswax into China over the last five years has been relatively stable. In 2016, the price was 6.35 US dollars per kilogram, which was the highest in the five year period. This was followed by a slight decrease in 2017 to 5.98 US dollars per kilogram. The price then dropped further in 2018 to 5.58 US dollars per kilogram and continued to decline in 2019 to 4.83 US dollars per kilogram. The lowest price in the five year period was recorded in 2020 at 4.63 US dollars per kilogram. The price then increased slightly in 2021 to 4.67 US dollars per kilogram and further increased in 2022 to 5.04 US dollars per kilogram. Based on the data, it is predicted that the import price of Beeswax into China in 2023 will be around 5.04 US dollars per kilogram and in 2024 will be around 5.14 US dollars per kilogram.Export values for China beeswax
The total values in export for beeswax in China were US$ 58,216, US$ 54,819, US$ 54,072 and US$ 47,106 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of beeswax in other countries across Asia: Kazakhstan beeswax, Kyrgyzstan beeswax, Tajikistan beeswax, Turkmenistan beeswax, Uzbekistan beeswax, China beeswax, Hong Kong beeswax, Macao beeswax, North Korea beeswax & Mongolia beeswax.
China beeswax - Production, Exports, Imports, Seasons and HS Codes
In 2019 China sold 9,749 tonnes of beeswax. Through 2019 alone, the market for China beeswax (processed category) has surged, flactuating by 0.55698814 pc compared to the year 2018. Between 2017 and 2019, beeswax' exports grew by 6.31 percent netting the nation US$47.11m for the year 2019. China's beeswax exports are classified as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
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China beeswax export values
In 2019, China shipped beeswax with a value of 47.11m USD, a drop of -12.88% from 2018's total beeswax export of 54.072m USD. The yearly reduction in value of China beeswax between 2017 to 2018 was -1.363%.
The annual/yearly change in the volume of China's beeswax exports between 2017 and 2019 was 6.31 percent when compared to a variation of 0.55698814% in the growth rate between 2018 and 2019.
China's share of the world's total beeswax' exports in 2019 was 14.8 percent. China holds position 2 in world exports of beeswax.
Export markets for China beeswax ( in '000$ )
China's top destinations for beeswax are Algeria, United Kingdom (UK), US, Tunisia and Australia.
Import/Export Trends
China is a net importer of beeswax. The annual growth of China beeswax in value between 2015 to 2019 was -4%, per annum, while annual growth in quantity for the same period was -21%, per annum.
China brought in 213 tonnes of beeswax in 2019.