Beeswax Market Overview in the Netherlands
The value of the beeswax market in the Netherlands fell sharply to $ in 2019, with a decrease of -% 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). Over the period under review, the total consumption indicated slight growth from 2007 to 2019: its value decreased at an average annual rate of -% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2015 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by % against the previous year. Over the period under review, the market attained the maximum level at $ in 2012; however, from 2013 to 2019, consumption remained at a lower figure.