Key Market Indicators
Americans are expected to consume 217,000 metric tons of honey by 2026, up slightly from 215,000 metric tons in 2021. From 2017, demand has increased an average of 0.8% year on year. At the same time, American honey production is projected to reach 69,600 metric tons by 2026, down 0.3% year on year on average since 1966. Supply has declined an average of 0.6% year on year.