World - Honey - Market Analysis, Forecast, Size, Trends and Insights
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Honey market: enjoy the latest facts and figures secured by an Ai-driven business intelligence tool. Info include market prices, market size, exports, companies, trade, production, imports, and consumption. There is a breakdown by region, including the U.K., the U.S., China, Africa, Latin America, EU, Russia, and the Middle East. Market insights and forecast to 2030 are also featured in the snapshots.
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Honey - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | United States |
| 2 | China |
| 3 | Turkey |
| 4 | Germany |
| 5 | Iran |
In value terms, the largest honey markets worldwide were the United States, China and Turkey, together comprising 30% of the global market. These countries were followed by Germany, Iran, Russia, Japan, France, the UK, Canada, Poland, Mexico and Spain, which together accounted for a further 25%.
Poland saw the highest growth rate of market size, among the main consuming countries over the period under review, while honey market for the other global leaders experienced more modest paces of growth.
Honey Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| China | 1947 | 1918 | 964 | -29.6% |
| Vietnam | 1437 | 1374 | 1401 | -1.3% |
| India | 1818 | 1763 | 2170 | 9.3% |
| Ukraine | 1814 | 1717 | 2254 | 11.5% |
| Argentina | 2237 | 2379 | 2311 | 1.6% |
| Uruguay | 2067 | 1971 | 2347 | 6.6% |
| Brazil | 2665 | 2155 | 2566 | -1.9% |
| Poland | 2524 | 2508 | 3305 | 14.4% |
| Belgium | 3774 | 3352 | 3565 | -2.8% |
| Mexico | 2517 | 2546 | 3749 | 22.0% |
| Spain | 3934 | 3986 | 4593 | 8.1% |
| Germany | 5267 | 5034 | 5098 | -1.6% |
| Hungary | 4040 | 4564 | 5420 | 15.8% |
| Average | 3070 | 3088 | 3167 | 1.6% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Hungary ($5,420 per ton), while China ($964 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Saudi Arabia | 4698 | 4466 | 4549 | -1.6% |
| Netherlands | 3536 | 4131 | 4354 | 11.0% |
| Italy | 3386 | 3855 | 4283 | 12.5% |
| France | 3616 | 3706 | 4114 | 6.7% |
| Japan | 3226 | 3520 | 3602 | 5.7% |
| Germany | 3054 | 3099 | 3323 | 4.3% |
| United States | 2277 | 2245 | 3027 | 15.3% |
| United Kingdom | 2742 | 3005 | 2867 | 2.3% |
| Belgium | 2705 | 2501 | 2678 | -0.5% |
| Poland | 2084 | 2122 | 2275 | 4.5% |
| Spain | 2141 | 2107 | 2260 | 2.7% |
| Average | 3049 | 3083 | 3344 | 4.7% |
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Saudi Arabia ($4,549 per ton), while Spain ($2,260 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Honey - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| United States | 0.4 | 0.4 | 0.7 | 24.5% |
| Germany | 0.2 | 0.3 | 0.3 | 16.3% |
| Japan | 0.1 | 0.2 | 0.2 | 8.4% |
| United Kingdom | 0.1 | 0.2 | 0.1 | 1.1% |
| France | 0.1 | 0.1 | 0.1 | 1.0% |
In value terms, the United States ($667M) constitutes the largest market for imported honey worldwide, comprising 26% of global imports. The second position in the ranking was occupied by Germany ($312M), with a 12% share of global imports. It was followed by Japan, with a 6.5% share.
From 2019 to 2021, the average annual growth rate of value in the United States amounted to +24.5%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+16.3% per year) and Japan (+8.4% per year).
Honey - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| Brazil | 0.08 | 0.1 | 0.3 | 100.6% |
| Argentina | 0.1 | 0.2 | 0.2 | 3.8% |
| India | 0.1 | 0.08 | 0.1 | 17.1% |
| Germany | 0.1 | 0.1 | 0.1 | 2.0% |
| China | 0.2 | 0.3 | 0.1 | -24.1% |
In value terms, Brazil ($303M), Argentina ($153M) and India ($144M) constituted the countries with the highest levels of exports in 2021, together comprising 23% of global exports.
Among the main exporting countries, Brazil (+100.6% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Honey - Market Forecast
Driven by increasing demand for honey worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Honey - Top Companies
Walter Lang GmbH, Prado Mann Y Cia Ltda, Agricola Pilquicura Ltda, Lefore Honey Farms, Evergreen Honey Co., Inc., HOANG TRI HONEY BEE COMPANY LIMITED, Honey Browning Co Inc, Coop Campesina Flor Del Valle De Los Maquis Ltda, Cooperativa Apicola Altos De Cantillana Alhue Limitada, Cooperativa De Apicultores Del Valle De Curacavi, Cooperativa Apicola Rancagua Limitada, COOPERATIVA AGRICOLA APICOLA LOMAS DE LIRCAY LIMITADA, COOP CAMPESINA ASOCIACION DE APICULTORES DE ALHUE, COOPERATIVA DE ELABORACION DE PRODUCTOS ARTESANALES DE MIEL, COOP CAMPESINA APICOLA SANTA BARBA RA LTDA, COOPERATIVA APICOLA ARAUCANIA LIMITADA, COOPERATIVA AGROAPICOLA APIS SALAMANCA LTDA., COOPERATIVA CAMPESINA AGRICOLA MATARREDONDA, COMITE APICOLA DE CAIMANES, COOPERATIVA CAMPESINA APICOLA EL QUILLAY LTDA.
Honey - Product Coverage
- HS 0409 - Honey; natural
This report provides an in-depth analysis of the global honey market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1182 - Honey
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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This report provides an in-depth analysis of the global honey market.
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4989
In 2016, the market value of honey totaled $X. A slight drop in 2009 was followed by a sharp increase over the period from 2010-2013. However, the market value declined over the next two years, which was then followed by a recovery in 2016. Equall
10178
Global honey consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
3709
Global honey imports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
3224
In 2015 the global honey market value totaled X million USD. A slight drop in 2009 was followed by a sharp increase in 2010-2011.
1862
Global honey market production was estimated at X million USD in 2015, which was X million USD (or X%) below the peak production level of 2013.
3114
The value of total imports on the global honey market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of honey reached X thousand tons in 2015, which was X tho
9449
In 2015, the global market value of honey totaled X million USD. A slight drop in 2009 was followed by a sharp increase in 2010-2011. The next four years were characterized by mixed dynamics. In physical terms, the market showed gradual increase ov
1527
From 2007 to 2015, global exports of honey grew by +X% per year, amounting to X million USD in 2015. In physical terms, they reached X thousand tons in 2015, which was X thousand tons more than the year before.
2037
Honey is predominantly consumed in its unprocessed state, in other words - in a liquid, crystallized form or in the comb. Containing a complex of naturally flavored sugars as well as trace enzymes, minerals, vitamins, and amino acids, honey is consumed
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