Iran: Honey Market 2024

Honey Market Size in Iran

In 2022, after two years of growth, there was decline in the Iranian honey market, when its value decreased by -0.6% to $X. In general, consumption recorded a slight decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Honey Production in Iran

In value terms, honey production reached $X in 2022 estimated in export price. Overall, production saw a pronounced reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 70% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Honey Exports

Exports from Iran

In 2022, after four years of growth, there was decline in shipments abroad of honey, when their volume decreased by -0.8% to X tons. Over the period under review, exports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2014 with an increase of 96% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, honey exports reduced to $X in 2022. In general, total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.2% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of 55% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Bahrain (X tons) was the main destination for honey exports from Iran, with a 16% share of total exports. Moreover, honey exports to Bahrain exceeded the volume sent to the second major destination, Azerbaijan (X tons), sixfold. The third position in this ranking was taken by Qatar (X tons), with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bahrain stood at +39.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-18.4% per year) and Qatar (+61.3% per year).

In value terms, Bahrain ($X) emerged as the key foreign market for honey exports from Iran, comprising 24% of total exports. The second position in the ranking was taken by Qatar ($X), with a 9.2% share of total exports. It was followed by Azerbaijan, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bahrain totaled +43.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+83.9% per year) and Azerbaijan (-6.4% per year).

Export Prices by Country

In 2022, the average honey export price amounted to $X per ton, with a decrease of -11.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 58% against the previous year. The export price peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Azerbaijan ($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 Azerbaijan (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Honey Imports

Imports into Iran

In 2022, the amount of honey imported into Iran dropped to X tons, with a decrease of -7.1% compared with the previous year's figure. Overall, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 264% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, honey imports amounted to $X in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 179% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest honey supplier to Iran, with a 46% share of total imports. Moreover, honey imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +24.0%.

In value terms, Germany ($X) constituted the largest supplier of honey to Iran, comprising 44% of total imports. The second position in the ranking was held by Turkey ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +25.4%.

Import Prices by Country

The average honey import price stood at $X per ton in 2022, increasing by 8.7% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, honey import price decreased by -8.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 160%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Germany amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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