Key Market Indicators
Guatemala is set to increase its honey production to nearly 7 thousand metric tons by 2026. Since 1966, the country has seen a steady increase of 4.8% year-on-year. As of 2021, Guatemala ranked 41st in honey production, overtaken by Algeria with 6,230 metric tons. Canada, Argentina and Iran ranked second, third and fourth, respectively. In 2018, Guatemala consumed close to one thousand metric tons of honey, up from 2017's one thousand metric tons. The country ranked 78th in honey consumption, with Latvia ahead of it with 1 thousand metric tons. The United States, Germany and Iran ranked second, third and fourth, respectively.