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**Greek Imports of Beeswax Rise Amid Global Demand Surge**
**Strong demand for cosmetics and pharmaceuticals boosts imports**
• Greek imports of vegetable waxes, including beeswax, rose 15% year-on-year in May to 2,000 metric tons.
• Prices for beeswax have stabilized at around 4,500 euros per metric ton following a 10% increase in the first quarter.
• Supply chain disruptions due to seasonal weather conditions in major producer countries have eased in recent months.
Greek imports of vegetable waxes are benefiting from a surge in global demand for cosmetics and pharmaceuticals, particularly in Europe. As a result, Greek companies are seeking to secure more supply chains to meet growing needs. With prices stabilizing, businesses are expected to maintain their purchasing activity in the second half of the year.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 408,847 | 1,530,548 |
| 2021 | 538,446 | 1,955,803 |
| 2022 | 587,916 | 2,515,117 |
| 2023 | 643,681 | 2,808,858 |
| 2024 | 524,796 | 2,106,642 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| China | 439,221 | 1,365,744 |
| Germany | 22,695 | 293,469 |
| Romania | 15,525 | 35,542 |
| Spain | 9,338 | 39,827 |
| Italy | 9,258 | 56,167 |
| Slovenia | 8,235 | 22,736 |
| France | 7,189 | 85,448 |
| Bulgaria | 4,558 | 9,243 |
| Netherlands | 4,315 | 55,666 |
| Estonia | 3,020 | 75,205 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| China | 449,114 | 1,485,603 |
| Germany | 48,575 | 506,317 |
| Romania | 29,189 | 81,787 |
| Ethiopia | 22,000 | 132,000 |
| Poland | 15,021 | 17,073 |
| Netherlands | 14,938 | 77,727 |
| Spain | 14,570 | 56,124 |
| France | 11,714 | 167,301 |
| Estonia | 10,796 | 80,382 |
| Italy | 5,653 | 56,755 |
