Brazil's honey production stood at 43.85 thousand metric tons in 2023. The forecasted figures show a steady year-on-year increase in production from 44.19 thousand metric tons in 2024 to 45.63 thousand metric tons in 2028. The average annual growth rate, or CAGR, over this five-year period is expected to be approximately 1.0% per year.
Future trends to watch for include:
- Climate change effects on honey production and bee mortality rates
- Changes in domestic and global demand for honey
- Advancements in beekeeping technology and practices
- Potential changes in regulatory and export conditions