Guyana: Honey Market Overview 2020

Honey Market Size in Guyana

The revenue of the honey market in Guyana amounted to $X in 2018, surging by X% against the previous year. In general, the total market indicated conspicuous growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. In that year, the honey market reached its peak level of $X. From 2015 to 2018, the growth of the honey market remained at a somewhat lower figure.

Honey Production in Guyana

In value terms, honey production totaled $X in 2018 estimated in export prices. In general, honey production continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Honey production peaked at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Honey Exports

Exports from Guyana

In 2018, the exports of honey from Guyana stood at X tonnes, picking up by X% against the previous year. Over the period under review, honey exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. In that year, honey exports attained their peak of X tonnes. From 2013 to 2018, the growth of honey exports failed to regain its momentum.

In value terms, honey exports stood at $X in 2018. In general, honey exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Exports peaked at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Honey Imports

Imports into Guyana

In 2018, the amount of honey imported into Guyana totaled X tonnes, remaining stable against the previous year. Overall, honey imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. In that year, honey imports attained their peak of X tonnes. From 2015 to 2018, the growth of honey imports failed to regain its momentum.

In value terms, honey imports stood at $X in 2018. In general, honey imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. In that year, honey imports attained their peak of $X. From 2013 to 2018, the growth of honey imports remained at a somewhat lower figure.

Source: IndexBox AI Platform