China’s honey exports have shown remarkable growth in 2024, with significant implications for the global market. This report provides a comprehensive analysis of the export figures, revealing the top destinations and the economic impact of this sweet trade.
Overall Export Performance: From January to October 2024, China exported 139,758 tons of honey products to 100 countries, totaling $255.49 million. This represents a 12.58% increase in volume and a 4.13% rise in value year-on-year. The leading export markets include Japan, the UK, Belgium, and Spain.
Monthly Insights: In October alone, China’s honey exports reached 18,366 tons, valued at $32.51 million, marking a 27.35% increase in volume and a 19.87% rise in value compared to the same month in the previous year.
Honey Exports Breakdown: China’s honey exports to 60 countries amounted to 136,453 tons, valued at $214.34 million, showing a 12.40% volume increase and a 4.93% value growth. The UK, Japan, and Belgium were the top export destinations.
Royal Jelly and Bee Pollen Exports: Royal jelly exports saw a modest 2.27% volume increase to 872.0 tons, though value decreased by 6.61% to $25.757 million. Bee pollen exports surged, with a 36.46% volume increase to 2,192.8 tons and a 33.15% value growth to $9.304 million.
Declining Other Bee Products: Exports of other bee products dropped, with a 6.75% volume decrease to 240.0 tons and a 14.13% value reduction to $6.09 million.
Market Analysis and Outlook: The growth in China’s honey exports is attributed to various factors, including increased demand in international markets and improvements in production techniques. The future looks promising, with potential for further expansion and consolidation in the global honey trade.
China’s honey industry has made significant strides in 2024, with exports reaching new heights. As the industry continues to evolve, it will be interesting to see how these trends shape the global honey market in the coming years.