Key Market Indicators
In 2021, Australian Honey Imports reached 5,700 Metric Tons, while exports amounted to 4,100 Metric Tons. Australians are forecasted to consume 13,000 metric tons of honey by 2026, a decrease of 1.5% annually compared to 2021 when the country consumed 14,000 metric tons. Italy has since overtaken Australia, coming in at 18th in 2021 with 14,000 metric tons. The United States, Germany and Iran respectively were the 2nd, 3rd and 4th largest consumers. Australian honey production is to reach 8,300 metric tons by 2026, a decrease of 3.1% from 10,000 metric tons in 2021. Since 1966, Australia's supply has declined by 3.3% each year. Portugal overtook Australia in 2021 at 32nd, producing 10,000 metric tons. Canada, Argentina and Iran were the 2nd, 3rd and 4th largest producers. In 2021, Australia imported 5,700 metric tons of honey and exported 4,100 metric tons.