Honey Import Export Trade Statistics of 2023
Honey import-export trade statistics for 2023 help you discover the top 10 honey importers and exporters. China led honey exports at $254.21 million, while the US topped imports with $584.65 million
Honey Import Export Trade Statistics of 2023
In the ever-growing worldwide market, honey trade has visibly increased in recent years. As clients rediscover the fitness advantages of honey, the call for this herbal sweetener has accelerated exponentially, mainly within the growing honey export and import business. The HS code for Natural Honey is 0409. Honey is an herbal sweetener fed on by bees from plant sap. Not only relatively powerful as a food, but it is also used as an aspect in industries together with cosmetics and prescribed drugs. Global honey manufacturing is at the upward push, with countries like China, Germany, New Zealand, and the USA as the leading nations in honey trade. In 2023, the export volume of honey became 1.82 million tons. During the lengthy-term forecast of 2024–2032, the market is anticipated to develop at a CAGR of 1.3%, attaining around 2.05 million heaps by 2032. Let’s check the honey export-import trade statistics and data for 2023. Top 10 honey exporters, importers, producers, and the modern commercial tendencies within the honey trade enterprise, with this article.
What are the top 10 Honey Exporters in 2023?
The total value of Honey exported in 2023 accounted for $2.68 billion. In 2023, China emerged as the top exporter of honey, accounting for a significant share of the global market. The Top 10 Honey exporters in 2023 include:
1. China: $254.21 million
China has remained the pinnacle honey exporter in the world, thanks to its huge-scale honey production. China exports the most amount of Honey to the United Kingdom in 2023 worth $56.12 million with a share value of 22.1%.
2. New Zealand: $242.45 million
Known for its terrific Manuka honey, New Zealand is a key participant in the honey export market. New Zealand exports the most amount of Honey to the USA in 2023 worth $47.24 million with a share value of 19.5%.
3. Argentina: $168.76 million
Argentina's various geography allows for the manufacturing of a huge form of honey, making it a large exporter. Argentina exports the most honey to the USA in 2023 worth $121 million with a share value of 71.7%.
4. Ukraine: $121.37 million
Ukraine has currently emerged as a prime honey exporter, way to its abundant beekeeping resources. Ukraine exports the most honey to Germany in 2023 worth $30.43 million with a share value of 25.1%.
5. Spain: $115.76 million
Spain is famous for its delicious and diverse honey types, making it a sought-after exporter. Spain exports the most honey to France in 2023 worth $29.70 million with a share value of 25.7%.
6. Germany: $113.39 million
German honey is relatively valued for its best and purity, making Germany a top exporter. Germany exports the most honey to France in 2023 worth $15.95 million with a share value of 14.1%.
7. Brazil: $85.24 million
Brazil's vast agricultural lands provide adequate possibilities for honey manufacturing, making it a substantial exporter. Brazil exports the most honey to the USA in 2023 worth $67.29 million with a share value of 78.9%.
8. Belgium: $83.65 million
Belgium’s long tradition of beekeeping has established itself as a key player in the honey export market. Belgium exports the most honey to the Netherlands in 2023 worth $20.64 million with a share value of 24.7%.
9. Hungary: $73.61 million
Hungary's favorable climate and panorama make it a super area for honey production and export. Hungary exports the most honey to Italy in 2023 worth $28.24 million with a share value of 38.4%.
10. Australia: $40.77 million
From the Oceania continent Australia exports the most amount of honey to the USA in 2023 worth $8.03 million with a share value of 19.7%. Australia's particular flora and fauna contribute to the production of outstanding honey, attracting worldwide customers.
What are the top 10 Honey importers in 2023?
In 2023, international honey imports had a total price of $2.81 billion. The USA, Germany, and Japan are some of the top importing nations of honey. The pinnacle 10 Honey-importing countries in 2023 consist of:
1. US: $584.65 million
The United States is the biggest honey importer in the world, importing honey from various international locations. The US imports the most Honey from India in 2023 worth $161.07 million with a share value of 27.5%.
2. Germany: $228.59 million
Germany's excessive consumption of honey makes it a first-rate importer of this sweet commodity. Germany imports the most honey from Ukraine in 2023 worth $29.78 million with a share value of 13%.
3. Japan: $144.73 million
Japan's demand for honey, specifically to be used in conventional delicacies and treatments, makes it a large importer. Japan imports the most honey from China in 2023 worth $54.52 million with a share value of 37.7%.
4. France: $115.86 million
France's culinary tradition values terrific honey, leading to sizeable imports from numerous international locations. France imports the most honey from Spain in 2023 worth $24.55 million with a share value of 21.2%.
5. United Kingdom: $111.62 million
The UK's developing fitness-aware customer base drives the import of honey from around the arena. The UK imports the most honey from China in 2023 worth $43.83 million with a share value of 39.3%.
6. Belgium: $87.08 million
Belgium is now not only the most effective exporter of honey but also imports it to satisfy the call of its consumers. Belgium imports the most honey from China in 2023 worth $35.74 million with a share value of 41%.
7. Italy: $86.36 million
Italy's rich culinary culture consists of the use of honey, leading to imports from top honey-generating international locations. Italy imports the most honey from Hungary in 2023 worth $31.35 million with a share value of 36.3%.
8. China: $63.54 million
Despite being a top honey exporter, China additionally imports honey to satisfy home calls. China imports the most honey from New Zealand in 2023 worth $49.79 million with a share value of 78.3%.
9. Poland: $55.93 million
Poland's growing interest in natural and natural products has brought about an increase in honey imports. Poland imports the most honey from Ukraine in 2023 worth $20.72 million with a share value of 37%.
10. Netherlands: $53.86 million
The Netherlands imports the most honey from Belgium in 2023 worth $16.36 million with a share value of 30.4%. The Netherlands' strategic place in Europe allows for a clean right of entry to honey from various exporting countries.
What are the top 10 Honey Producers in 2023?
A famous ingredient in lots of unique recipes is honey. China is the nation that produces the maximum honey worldwide with 473000 metric heaps produced in 2023. It's an amazing honey outfit considering the vastness of the country. Ukraine is the country that produces the maximum honey in keeping with per capita. The pinnacle ten international locations together produce over 1 million metric tons of honey yearly. This honey is utilized in meals, medicinal drugs, and commercials makes use of, amongst other things. The top 10 honey-producing nations in 2023 consist of:
- China: 473000 metric tons
- Turkey: 99000 metric tons
- Argentina: 80000 metric tons
- Iran: 78000 metric tons
- Russia: 75000 metric tons
- Ukraine: 65000 metric tons
- Ethiopia: 52000 metric tons
- Mexico: 50000 metric tons
- Vietnam: 45000 metric tons
- United States: 43000 metric tons
Top 10 Honey exporting & Supplier companies in 2023
The top 10 honey exporter companies in 2023 with their annual revenue are:
- New Zealand Honey Co.: New Zealand ($572.6 million)
- Comvita Ltd.: New Zealand ($234 million)
- Dabur India Ltd: India ($138.56 million)
- Capilano Honey Limited: Australia ($138 million)
- Dutch Gold Honey, Inc.: USA ($21 million)
- Barkman Honey, LLC: USA ($19.2 million)
- Pastili Limited: Bulgaria ($10 million)
- Streamland Honey Group Ltd.: New Zealand ($5 million)
- African Bronze Honey Company: Canada ($5 million)
- North Dallas Honey Company (Nature Nate): USA ($3.7 million)
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Conclusion
In conclusion, the honey export-import trade of 2023 is a thriving enterprise with top gamers like China, the US, and Germany leading the way. As purchaser consciousness of the health advantages of honey continues to develop, we can anticipate looking in addition enlargement and innovation within the global honey trade in the years yet to come. With shifting client options and worldwide trade dynamics, the honey trade industry is poised for additional growth and improvement. By knowing the trends and elements influencing this exchange, stakeholders can navigate the challenges and capitalize on the possibilities in the honey marketplace.
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