The demand for honey in China exhibited fluctuations from 2014 to 2023, peaking at 447 thousand metric tons in 2016 and reaching a low of 336.58 thousand metric tons forecasted for 2024. Specifically, 2023 saw a slight decline to 342 thousand metric tons. Over the past five years, demand declined with a CAGR of -1.24%. The most notable year-on-year change occurred in 2015 with a 17.45% drop, followed by a 27.71% rise in 2016.
Looking ahead, the demand is forecasted to continue its downward trend, declining by an estimated 6.06% by 2028. Key factors for future trends to watch include potential shifts in consumer preferences, health trends favoring natural sweeteners, and trade policy changes impacting local production and imports.
