Germany: Honey Market 2024

Honey Market Size in Germany

The German honey market expanded to $X in 2022, surging by 4.7% against the previous year. In general, consumption showed a relatively flat trend pattern. Honey consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Honey Production in Germany

In value terms, honey production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the production volume increased by 16% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Honey Exports

Exports from Germany

In 2022, overseas shipments of honey increased by 5.7% to X tons, rising for the fourth year in a row after three years of decline. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, honey exports declined modestly to $X in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 8.4%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for honey exports from Germany, accounting for a 26% share of total exports. Moreover, honey exports to France exceeded the volume sent to the second major destination, Spain (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+14.9% per year) and the Netherlands (+0.8% per year).

In value terms, France ($X), Switzerland ($X) and the Netherlands ($X) constituted the largest markets for honey exported from Germany worldwide, together accounting for 42% of total exports. Austria, Spain, Saudi Arabia, Poland, the Czech Republic, Finland, Italy, the UK, Denmark and Belgium lagged somewhat behind, together accounting for a further 39%.

Among the main countries of destination, Spain, with a CAGR of +7.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average honey export price amounted to $X per ton, shrinking by -5.4% against the previous year. In general, the export price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by 6.7% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Honey Imports

Imports into Germany

Honey imports into Germany was estimated at X tons in 2022, remaining constant against the year before. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 20%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, honey imports dropped modestly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ukraine (X tons), Argentina (X tons) and Mexico (X tons) were the main suppliers of honey imports to Germany, together accounting for 50% of total imports. Romania, Brazil, Cuba, China, Hungary, Chile, Bulgaria, Spain, Vietnam and Italy lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +99.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Mexico ($X) and Argentina ($X) were the largest honey suppliers to Germany, with a combined 42% share of total imports. Romania, Hungary, Brazil, Chile, Bulgaria, Cuba, Spain, China, Italy and Vietnam lagged somewhat behind, together accounting for a further 36%.

Among the main suppliers, Vietnam, with a CAGR of +87.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average honey import price amounted to $X per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 29%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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