Beeswax Market Overview in Kazakhstan
The revenue of the beeswax market in Kazakhstan declined dramatically to $ in 2019, falling by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of % year-to-year. Beeswax consumption peaked at $ in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.