Key Market Indicators
Uruguay's honey consumption is predicted to hit almost 12 thousand metric tons by 2026, a 1.4% year-on-year average increase since 2017. In 2021, Uruguay was the 22nd highest consumer, with Croatia ahead at 11 thousand metric tons. The United States, Germany and Iran came in second, third and fourth respectively. Uruguay's honey production is set to reach nearly 25 thousand metric tons by 2026, growing at a 1.8% year-on-year compound annual growth rate since 1966. In 2021, Uruguay was the 21st highest producer, with Vietnam taking the lead at 22,510 metric tons. Canada, Argentina and Iran came in second, third and fourth respectively.