What is the price of beeswax per kilogram/pound in United Arab Emirates (UAE) today?
The retail price range for United Arab Emirates (UAE) beeswax is between US$ 13.55 and US$ 33.03 per kilogram or between US$ 6.15 and US$ 14.98 per pound(lb). Click here to see today's exact prices of beeswax in United Arab Emirates (UAE)
The retail price range in United Arab Emirates dirham for beeswax is between AED 49.78 and AED 121.29 per kilogram or between AED 22.57 and AED 55.01 per pound(lb) in Abu Dhabi and Dubai.
Wholesale prices
In 2024, the approximate wholesale price range for United Arab Emirates (UAE) beeswax is between US$ 9.49 and US$ 23.12 per kilogram or between US$ 4.30 and US$ 10.48 per pound(lb).
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United Arab Emirates (UAE) Beeswax Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beeswax from the United Arab Emirates (UAE) over the last five years has been quite varied. In 2017, the price was 6.33 US $ per kg, followed by a slight increase to 7.19 US $ per kg in 2018. In 2019, the price jumped to 11.52 US $ per kg, before dropping to 3.56 US $ per kg in 2020. The price then rose again to 9.09 US $ per kg in 2021. It is difficult to predict the prices for 2023 and 2024, but it is likely that the prices will remain relatively stable.The exports of beeswax from United Arab Emirates (UAE) are categorised as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
United Arab Emirates (UAE) Beeswax Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beeswax into the United Arab Emirates (UAE) has seen a steady increase over the past five years. In 2016, the price was 6.75 US dollars per kg, and this increased to 7.19 US dollars per kg in 2018. The highest price was recorded in 2019, when the import price was 11.52 US dollars per kg. This was followed by a sharp decrease in 2020, when the price dropped to 3.56 US dollars per kg. The most recent data shows that the import price of Beeswax into the UAE was 9.09 US dollars per kg in 2021. Based on this data, it is likely that the import price of Beeswax into the UAE will continue to increase in the coming years. We predict that the import price of Beeswax into the UAE will be 10.50 US dollars per kg in 2023 and 11.75 US dollars per kg in 2024.Export values for United Arab Emirates (UAE) beeswax
The total values in export for beeswax in United Arab Emirates (UAE) were US$ 27, US$ 38, US$ 115 and US$ 242 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Arab Emirates (UAE): 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.
United Arab Emirates (UAE) beeswax - Production, Exports, Imports, Seasons and HS Codes
In 2019 United Arab Emirates (UAE) exported 21 tonnes of beeswax. Across 2019 alone, the interest in United Arab Emirates (UAE) beeswax (processed category) has climbed, with a change of 31.25 percent compared to the year 2018. Between 2017 and 2019, beeswax' exports grew by 250 percent netting the country US$0.24m for the year 2019. United Arab Emirates (UAE)'s beeswax exports are classified as:
- Beeswax, other insect waxes and spermaceti, whether or not refined or coloured (HS code 152190)
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United Arab Emirates (UAE) beeswax export values
In 2019, United Arab Emirates (UAE) shipped beeswax with a value of 0.24m USD, an increase of 108.70% from 2018's total beeswax export of 0.115m USD. The annual change in value of United Arab Emirates (UAE) beeswax between 2017 to 2018 was 202.632 pc.
The annual/yearly change in the amount of United Arab Emirates (UAE)'s beeswax exports between 2017 and 2019 was 250 percent compared to a variation of 31.25% in the period between 2018 and 2019.
United Arab Emirates (UAE)'s share of the world's total beeswax' exports in 2019 was less than 1%. The country holds number 36 in world exports of beeswax.
Export markets for United Arab Emirates (UAE) beeswax ( in '000$ )
United Arab Emirates (UAE)'s leading destinations for beeswax are Denmark, Brazil, Saudi Arabia, Oman and Iraq.
Import/Export Trends
United Arab Emirates (UAE) is a net importer of beeswax. The annual growth of United Arab Emirates (UAE) beeswax in value between 2015 to 2019 was -11%, per annum, while annual growth in quantity during the same period was -6%, per annum.
United Arab Emirates (UAE) procured 45 tonnes of beeswax in 2019.