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Czech Republic - Honey - Market Analysis, Forecast, Size, Trends and Insights
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Czech Republic: Honey Market Overview 2021

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Honey Market Size in the Czech Republic

In 2019, after two years of growth, there was decline in the Czech honey market, when its value decreased by -X% to $X. In general, consumption continues to indicate strong growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Honey consumption peaked at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

Honey Production in the Czech Republic

In value terms, honey production dropped to $X in 2019 estimated in export prices. Overall, production enjoyed a tangible increase. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2012 to 2019, production growth remained at a lower figure.

Honey Exports

Exports from the Czech Republic

In 2019, shipments abroad of honey decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, honey exports shrank significantly to $X in 2019. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2012 to 2019, the growth exports remained at a lower figure.

Exports by Country

Slovakia (X tonnes), France (X tonnes) and Germany (X tonnes) were the main destinations of honey exports from the Czech Republic, together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in France, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for honey exported from the Czech Republic were Slovakia ($X), Germany ($X) and France ($X), with a combined X% share of total exports.

France saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average honey export price stood at $X per tonne in 2019, reducing by -X% against the previous year. Overall, export price indicated a pronounced expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, honey export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Honey Imports

Imports into the Czech Republic

Honey imports into the Czech Republic expanded notably to X tonnes in 2019, increasing by X% against 2018. Over the period under review, total imports indicated a buoyant increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. From 2018 to 2019, the growth imports failed to regain the momentum.

In value terms, honey imports soared to $X in 2019. In general, total imports indicated resilient growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Ukraine (X tonnes) constituted the largest supplier of honey to the Czech Republic, with a X% share of total imports. Moreover, honey imports from Ukraine exceeded the figures recorded by the second-largest supplier, Moldova (X tonnes), fourfold. Slovakia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Ukraine amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+X% per year) and Slovakia (+X% per year).

In value terms, Ukraine ($X), Germany ($X) and Slovakia ($X) appeared to be the largest honey suppliers to the Czech Republic, together comprising X% of total imports. Moldova, Spain, Chile and Uruguay lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average honey import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for honey in the world?
+
The countries with the highest volumes of honey consumption in 2019 were China (330K tonnes), the U.S. (252K tonnes) and Turkey (104K tonnes), with a combined 36% share of global consumption. These countries were followed by Canada, Iran, Germany, Russia, Ethiopia, the UK, Japan, France, Spain and Mexico, which together accounted for a further 30%.
What are the largest producers of honey in the world?
+
The country with the largest volume of honey production was China (444K tonnes), accounting for 23% of total volume. Moreover, honey production in China exceeded the figures recorded by the second-largest producer, Turkey (109K tonnes), fourfold. Canada (80K tonnes) ranked third in terms of total production with a 4.2% share.
What are the leading suppliers of honey to the Czech Republic?
+
In value terms, the largest honey suppliers to the Czech Republic were Ukraine ($2.2M), Germany ($2.2M) and Slovakia ($943K), with a combined 53% share of total imports. These countries were followed by Moldova, Spain, Chile and Uruguay, which together accounted for a further 24%.
What are the leading importers of honey from the Czech Republic?
+
In value terms, Slovakia ($1.2M), Germany ($1.1M) and France ($531K) appeared to be the largest markets for honey exported from the Czech Republic worldwide, with a combined 90% share of total exports.
What is the average export price for honey in the Czech Republic?
+
The average honey export price stood at $3,925 per tonne in 2019, with a decrease of -4.9% against the previous year.
What is the average import price for honey in the Czech Republic?
+
In 2019, the average honey import price amounted to $3,210 per tonne, growing by 8% against the previous year.

Product coverage:
• FCL 1182 - Honey

This report provides an in-depth analysis of the honey market in the Czech Republic. 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:
• Czech Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Czech Republic
• 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 2030
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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