China's honey export volume showed a fluctuating trend from 2014 to 2023. In 2014, exports stood at 135 thousand metric tons. The highest export volume was recorded in 2015 with 151 thousand metric tons, an 11.85% increase from the previous year. However, this was followed by several years of decline and minor rebounds. By 2023, the export volume settled at 126 thousand metric tons, equating to a 0% year-on-year variation from 2022. The Compound Annual Growth Rate (CAGR) of -0.16% over the last five years indicates a slight decreasing trend.
Future trends indicate a continuous, but slow decline in honey export volumes, with a forecast CAGR of -0.44% over the next five years, reaching approximately 122.4 thousand metric tons by 2028, a 2.16% decrease from 2023.
Key future trends to watch for:
- Potential impacts of global trade policies and tariffs on export volumes.
- Changes in global demand for natural sweeteners and honey products.
- Environmental factors affecting honey production, such as climate change and biodiversity loss.
- Developments in beekeeping practices and technological advancements in honey processing.
