Germany: Honey Market Overview 2020

Honey Market Size in Germany

The revenue of the honey market in Germany amounted to $X in 2018, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the honey market attained its maximum level at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Honey Production in Germany

In value terms, honey production totaled $X in 2018 estimated in export prices. Overall, the total output indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Over the period under review, honey production reached its maximum level at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.

Honey Exports

Exports from Germany

In 2018, approx. X tonnes of honey were exported from Germany; coming down by -X% against the previous year. Overall, honey exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. In that year, honey exports reached their peak of X tonnes. From 2009 to 2018, the growth of honey exports remained at a lower figure.

In value terms, honey exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

France (X tonnes), Saudi Arabia (X tonnes) and the Netherlands (X tonnes) were the main destinations of honey exports from Germany, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Saudi Arabia, while 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 the Netherlands ($X), together comprising X% of total exports. These countries were followed by Switzerland, Austria, Poland, Spain, the UK, Italy, the U.S., Finland and Belgium, which together accounted for a further X U.S. experienced the highest rates of growth with regard to exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average honey export price stood at $X per tonne in 2018, increasing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% y-o-y. The export price peaked in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Switzerland ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Honey Imports

Imports into Germany

In 2018, the honey imports into Germany amounted to X tonnes, stabilizing at the previous year. In general, honey imports continue to indicate a slight deduction. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, honey imports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, honey imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

Mexico (X tonnes), Ukraine (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 Hungary, Chile, China, Spain, Bulgaria, Cuba, Romania, Brazil and Italy, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Brazil, while the other leaders experienced more modest paces of growth.

In value terms, the largest honey suppliers to Germany were Mexico ($X), Argentina ($X) and Hungary ($X), with a combined X% share of total imports. These countries were followed by Ukraine, Spain, Bulgaria, Chile, Romania, Italy, Brazil, Cuba and China, which together accounted for a further X terms of the main suppliers, Brazil recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average honey import price stood at $X per tonne in 2018, growing by X% against the previous year. Over the period from 2007 to 2018, 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% against the previous year. The import price peaked at $X per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform