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China - Honey - Market Analysis, Forecast, Size, Trends and Insights

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China: Honey Market Overview 2019

Honey Market Size in China

The revenue of the honey market in China amounted to $X in 2017, waning by -X% against the previous year. Overall, the total market indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the honey consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2016, when market value increased by X% against the previous year. In that year, the honey market reached their peak level of $X, and then declined slightly in the following year.

Honey Production in China

In 2017, the amount of honey produced in China totaled X tonnes, coming down by -X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. In that year, the honey production reached their peak volume of X tonnes, and then declined slightly in the following year. Honey output in China indicated a prominent growth, which was largely conditioned by a remarkable growth of the producing animals and a moderate expansion in yield figures.

Average yield of honey in China totaled X kg per head in 2017, growing by X% against the previous year. The yield figure increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008, when yield increased by X% y-o-y. The honey yield peaked in 2017, and is expected to retain its growth in the immediate term.

In 2017, approx. X heads of producing animals were grown in China; dropping by -X% against the previous year. This number increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2016, with an increase of X% against the previous year. In that year, this number attained their peak figure of X heads, and then declined slightly in the following year.

Honey Exports

Exports from China

In 2017, approx. X tonnes of honey were exported from China; flattening at the previous year. Overall, the total exports indicated a prominent expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the honey exports decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the honey exports attained its peak figure volume of X tonnes in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, honey exports stood at $X in 2017. In general, honey exports continue to indicate a prominent growth. Over the period under review, the honey exports attained its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Exports by Country

Japan (X tonnes), the UK (X tonnes) and Belgium (X tonnes) were the main destinations of honey exports from China, with a combined X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the UK (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the UK ($X) and Belgium ($X) constituted the largest markets for honey exported from China worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, the UK (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average honey export price amounted to $X per tonne, coming down by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% year-to-year. The export price peaked of $X per tonne in 2016, and then declined slightly in the following year.

Average export prices varied somewhat for the major foreign markets. In 2017, the highest prices were recorded for export prices to Japan ($X per tonne) and Belgium ($X per tonne), while average price for exports to the UK ($X per tonne) and Poland ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Japan (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Honey Imports

Imports into China

In 2017, honey imports into China amounted to X tonnes, increasing by X% against the previous year. Overall, honey imports continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. The imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, honey imports stood at $X in 2017. Overall, honey imports continue to indicate a skyrocketing growth. The imports peaked in 2017, and are likely to continue its growth in the immediate term.

Imports by Country

In 2017, New Zealand (X tonnes) constituted the largest supplier of honey to China, accounting for X% share of total imports. Moreover, honey imports from New Zealand exceeded the figures recorded by the second largest supplier, China, Hong Kong SAR (X tonnes), ninefold. Australia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from New Zealand stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (+X% per year) and Australia (+X% per year).

In value terms, New Zealand ($X) constituted the largest supplier of honey to China, making up X% of total honey imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from New Zealand stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

The average honey import price stood at $X per tonne in 2017, increasing by X% against the previous year. Overall, honey import price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2010, when the average import price increased by X% against the previous year. The import price peaked in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Australia ($X per tonne), while price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Thailand (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• FCL 1182 - Honey

This report provides an in-depth analysis of the honey market in China. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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