What is the price of beeswax per kilogram/pound in Turkey today?
The retail price range for Turkey beeswax is between US$ 5.90 and US$ 8.36 per kilogram or between US$ 2.68 and US$ 3.79 per pound(lb). Click here to see today's exact prices of beeswax in Turkey
The retail price range in Turkish Lira for beeswax is between TRY 116.87 and TRY 165.57 per kilogram or between TRY 53.00 and TRY 75.09 per pound(lb) in Ankara and Istanbul.
Wholesale prices
In 2024, the approximate wholesale price range for Turkey beeswax is between US$ 4.13 and US$ 5.85 per kilogram or between US$ 1.87 and US$ 2.65 per pound(lb).
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Turkey Beeswax Export Prices - Historical, Trends and Prediction
The export price of Beeswax from Turkey over the last five years has been quite volatile. In 2012, the price was 8.91 US$ per kg, which increased to 12.36 US$ per kg in 2013. The price then rose to 14.38 US$ per kg in 2014, before dropping to 3.79 US$ per kg in 2015. In 2016, the price rose again to 13.00 US$ per kg, before dropping to 8.75 US$ per kg in 2017. The price then rose to 12.64 US$ per kg in 2018, before dropping to 7.50 US$ per kg in 2019. The price then dropped further to 5.56 US$ per kg in 2020, before rising to 8.47 US$ per kg in 2021. The most recent data shows that the price of Beeswax from Turkey is 5.48 US$ per kg in 2022. Based on the current trend, it is predicted that the price of Beeswax from Turkey will be around 6.50 US$ per kg in 2023 and 6.00 US$ per kg in 2024.The Turkey beeswax exports are classified as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
Turkey Beeswax Import Prices - Historical, Trends and Prediction
The import price of Beeswax into Turkey over the last five years has been quite volatile. In 2017, the price was 8.75 US$ per kg, followed by a sharp increase to 12.64 US$ per kg in 2018. However, in 2019, the price dropped to 7.50 US$ per kg and further decreased to 5.56 US$ per kg in 2020. The price then rose to 8.47 US$ per kg in 2021 and dropped again to 5.48 US$ per kg in 2022. Based on the data, it is predicted that the import price of Beeswax into Turkey in 2023 will be around 7.50 US$ per kg and in 2024 it will be around 8.75 US$ per kg.Export values for Turkey beeswax
The total values in export for beeswax in Turkey were US$ 39, US$ 35, US$ 139 and US$ 259 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Turkey: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of beeswax in other countries across Middle East: Bahrain beeswax, Cyprus beeswax, Iraq beeswax, Israel beeswax, Jordan beeswax, Kuwait beeswax, Lebanon beeswax, Palestine beeswax, Oman beeswax & Qatar beeswax.
Turkey beeswax - Production, Exports, Imports, Seasons and HS Codes
The quantity of beeswax sold by Turkey in 2020 was 36 metric tonnes. In 2019 Turkey sold 34 tonnes of beeswax. In 2019 alone, the market for Turkey beeswax (processed category) has escalated, recording a change of 209.091 percent compared to the year 2018. Between 2017 and 2019, beeswax' exports increased by 750 pc netting the nation US$0.26m for the year 2019. Turkey's beeswax exports are categorised as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
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Turkey beeswax export values
In 2019, Turkey supplied beeswax valued at 0.26m USD, an increment of 87.05% from 2018's total beeswax export of 0.139m USD. The yearly change in value of Turkey beeswax between 2017 to 2018 was 297.143 per cent.
The annual/yearly change in the volume of Turkey's beeswax exports between 2017 and 2019 was 750 percent in comparison to a variation of 209.091% in the period between 2018 and 2019.
Turkey's stake of the world's total beeswax' exports in 2019 was less than 1%. Turkey is ranked position 64 in world exports of beeswax.
Export markets for Turkey beeswax ( in '000$ )
Turkey's top export markets for beeswax are Iraq, Libya, the Netherlands, Iran and Lebanon.
Import/Export Trends
Turkey is a net exporter of beeswax. The annual growth of Turkey beeswax in value between 2015 to 2019 was -23%, per annum, while annual growth in quantity was -53%, per annum.
Turkey brought in 185 tonnes of beeswax in 2019.