In 2023, the United States led honey imports with $423.18 million, followed by Germany ($260.35M), and Japan ($157.71M). Over the last two years, Germany and Japan showed steady import growth, with Germany expanding by 3% YoY and Japan by 2% YoY. The United States experienced a slight decline of 1.5% YoY. The 5-year CAGR for top importers indicates moderate growth, with the U.S. at 1.2%, Germany at 1.8%, and Japan at 1.6%, reflecting stable demand for honey.
Future trends to watch:
- Increased health awareness may enhance honey demand.
- Potential impact of global trade policies on tariffs and import costs.
- Influence of sustainable sourcing and organic certifications on imports.
- Growing interest in alternative sweeteners might affect future imports.
Top countries in Top Importers of Honey
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 United States | 423.18 | 2016 | |
| 2 | 2 Germany | 260.35 | 2016 | |
| 3 | 3 Japan | 157.71 | 2016 | |
| 4 | 4 France | 126.52 | 2016 | |
| 5 | 5 United Kingdom | 120.05 | 2016 | |
| 6 | 6 Belgium | 73.87 | 2016 | |
| 7 | 7 China | 72.77 | 2016 | |
| 8 | 8 Italy | 72.47 | 2016 | |
| 9 | 9 Spain | 65.27 | 2016 | |
| 10 | 10 Netherlands | 56.71 | 2016 |
