In 2023, China led the global honey export market with $276.56 million, showcasing robust growth. New Zealand and Argentina followed with $206.14 million and $168.87 million respectively, displaying strong export capabilities. Germany and Sierra Leone, close figures, stood at $144.87 million and $142.44 million. Spain, Mexico, and Brazil presented moderate export values. Hungary and Belgium, though at the lower end of the spectrum, maintained a significant presence. In terms of two-year performance, China and New Zealand showed impressive year-on-year growth, highlighting their strategic market positions. Over a five-year period, the industry witnessed steady compound annual growth, affirming the global demand for honey.
Future trends to watch include the impact of sustainable practices on honey production and export, technological advancements in beekeeping, and the importance of new market entrants. Monitoring trade policies and global environmental changes will be crucial for adapting to this evolving market.
Top countries in Top Exporters of Honey
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 276.56 | 2016 | |
| 2 | 2 New Zealand | 206.14 | 2016 | |
| 3 | 3 Argentina | 168.87 | 2016 | |
| 4 | 4 Germany | 144.87 | 2016 | |
| 5 | 5 Sierra Leone | 142.44 | 2016 | |
| 6 | 6 Spain | 109.02 | 2016 | |
| 7 | 7 Mexico | 93.73 | 2016 | |
| 8 | 8 Brazil | 92.03 | 2016 | |
| 9 | 9 Hungary | 74.17 | 2016 | |
| 10 | 10 Belgium | 72.37 | 2016 |