Germany: Honey Market Overview 2021

Honey Market Size in Germany

The German honey market soared to $X in 2020, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Honey Production in Germany

In value terms, honey production fell modestly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Honey production peaked at $X in 2011; however, from 2012 to 2020, production failed to regain the momentum.

Honey Exports

Exports from Germany

In 2020, overseas shipments of honey increased by X% to X tonnes, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in the immediate term.

In value terms, honey exports amounted to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. Exports peaked at $X in 2014; afterwards, it flattened through to 2020.

Exports by Country

France (X tonnes), the Netherlands (X tonnes) and Switzerland (X tonnes) were the main destinations of honey exports from Germany, together accounting for X% of total exports. Saudi Arabia, Austria, Belgium, Spain, Poland, the Czech Republic, Denmark, Italy, the UK and the U.S. lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for honey exported from Germany were France ($X), Saudi Arabia ($X) and Switzerland ($X), with a combined X% share of total exports. These countries were followed by the Netherlands, Austria, Spain, Poland, the UK, Belgium, Italy, the U.S., the Czech Republic and Denmark, which together accounted for a further X terms of the main countries of destination, the U.S. recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average honey export price amounted to $X per tonne, which is down by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced more modest paces of growth.

Honey Imports

Imports into Germany

In 2020, purchases abroad of honey was finally on the rise to reach X tonnes after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, honey imports surged to $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Ukraine (X tonnes), Mexico (X tonnes) and Argentina (X tonnes) were the main suppliers of honey imports to Germany, together comprising X% of total imports. These countries were followed by Romania, Brazil, Bulgaria, Hungary, Cuba, Spain, China, Uruguay, Chile and Turkey, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil, while imports for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Mexico ($X) and Ukraine ($X) appeared to be the largest honey suppliers to Germany, together comprising X% of total imports. Romania, Hungary, Spain, Bulgaria, Brazil, Cuba, Turkey, China, Chile and Uruguay lagged somewhat behind, together accounting for a further X the main suppliers, Brazil recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average honey import price stood at $X per tonne in 2020, approximately equating the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Chile, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for honey in the world?

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The countries with the highest volumes of honey consumption in 2020 were China (325K tonnes), the U.S. (226K tonnes) and Turkey (107K tonnes), together accounting for 34% of global consumption. These countries were followed by Germany, Canada, Iran, Russia, the UK, Ethiopia, Japan, France, Spain and Mexico, which together accounted for a further 31%.

What are the largest producers of honey in the world?

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China (453K tonnes) constituted the country with the largest volume of honey production, accounting for 23% of total volume. Moreover, honey production in China exceeded the figures recorded by the second-largest producer, Turkey (113K tonnes), fourfold. Ukraine (93K tonnes) ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of honey to Germany?

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In value terms, the largest honey suppliers to Germany were Argentina ($33M), Mexico ($32M) and Ukraine ($32M), with a combined 35% share of total imports. Romania, Hungary, Spain, Bulgaria, Brazil, Cuba, Turkey, China, Chile and Uruguay lagged somewhat behind, together accounting for a further 42%.

What are the leading importers of honey from Germany?

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In value terms, the largest markets for honey exported from Germany were France ($20M), Saudi Arabia ($20M) and Switzerland ($17M), together comprising 37% of total exports. The Netherlands, Austria, Spain, Poland, the UK, Belgium, Italy, the U.S., the Czech Republic and Denmark lagged somewhat behind, together accounting for a further 39%.

What is the average export price for honey in Germany?

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The average honey export price stood at $5,107 per tonne in 2020, shrinking by -3% against the previous year.

What is the average import price for honey in Germany?

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In 2020, the average honey import price amounted to $3,029 per tonne, flattening at the previous year.