What is the price of beeswax per kilogram/pound in Kenya today?
The retail price range for Kenya beeswax is between US$ 7.49 and US$ 8.04 per kilogram or between US$ 3.40 and US$ 3.64 per pound(lb). Click here to see today's exact prices of beeswax in Kenya
The retail price range in Kenyan Shilling for beeswax is between KES 1,040.28 and KES 1,116.10 per kilogram or between KES 471.78 and KES 506.17 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya beeswax is between US$ 5.24 and US$ 5.63 per kilogram or between US$ 2.38 and US$ 2.55 per pound(lb).
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Kenya Beeswax Export Prices - Historical, Trends and Prediction
The export price of Beeswax from Kenya over the last five years has been relatively stable. In 2017, the price was 8.57 US$ per kg, followed by 8.39 US$ per kg in 2018. In 2019, the price dropped to 7.82 US$ per kg and further decreased to 7.35 US$ per kg in 2020. The price then increased slightly to 7.51 US$ per kg in 2021. Based on this trend, it is likely that the export price of Beeswax from Kenya will remain around 7.50 US$ per kg in 2023 and 2024.The Kenya beeswax exports are classified as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
Kenya Beeswax Import Prices - Historical, Trends and Prediction
The import price of Beeswax into Kenya over the last five years has been quite volatile. In 2017, the price was 8.57 US$ per kg, which was the highest in the five year period. This was followed by a decrease in 2018 to 8.39 US$ per kg. In 2019, the price dropped further to 7.82 US$ per kg, and then to 7.35 US$ per kg in 2020. The price then increased slightly to 7.51 US$ per kg in 2021. Overall, the import price of Beeswax into Kenya has decreased by 11.7% over the last five years. Based on the data, it is predicted that the import price of Beeswax into Kenya will remain relatively stable in the next two years. In 2023, the price is expected to be 7.45 US$ per kg, and in 2024, the price is expected to be 7.39 US$ per kg.Export values for Kenya beeswax
The total values in export for beeswax in Kenya were US$ 1,175, US$ 1,671, US$ 1,150 and US$ 1,360 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kenya: 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.
Kenya beeswax - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya shipped 174 tonnes of beeswax. For the year 2019 alone, the market for Kenya beeswax (processed category) has climbed, recording a change of 27.007 percent compared to the year 2018. Between 2017 and 2019, beeswax' exports reduced by -10.77% netting the nation US$1.36m for the year 2019. Kenya's beeswax exports are classified as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
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Kenya beeswax export values
In 2019, Kenya shipped beeswax valued at 1.36m USD, an increase of 18.26% from 2018's total beeswax export of 1.15m USD. The annual change in value of Kenya beeswax between 2017 to 2018 was -31.179 per cent.
The annual/yearly change in the amount of Kenya's beeswax exports between 2017 and 2019 was -10.77 pc compared to a variation of 27.007% in the period between 2018 and 2019.
Export markets for Kenya beeswax ( in '000$ )
Kenya's leading export markets for beeswax are US, United Kingdom (UK), Zambia, Germany and Japan.
Kenya brought in 6 tonnes of beeswax in 2019.