Report Update Nov 1, 2024

United Arab Emirates - Honey - Market Analysis, Forecast, Size, Trends and Insights

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United Arab Emirates: Honey Market 2024

Honey Market Size in the United Arab Emirates

After three years of growth, the honey market in the United Arab Emirates decreased by -7.7% to $X in 2022. In general, consumption, however, continues to indicate strong growth. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

Honey Exports

Exports from the United Arab Emirates

Honey exports from the United Arab Emirates surged to X tons in 2022, jumping by 31% against the year before. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 168% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, honey exports skyrocketed to $X in 2022. Overall, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 126% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons), Tunisia (X tons) and India (X tons) were the main destinations of honey exports from the United Arab Emirates, together accounting for 72% of total exports. Jordan, Bahrain and Tanzania lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Jordan (with a CAGR of +139.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Tunisia ($X) and Jordan ($X) were the largest markets for honey exported from the United Arab Emirates worldwide, together comprising 67% of total exports.

Among the main countries of destination, Jordan, with a CAGR of +118.4%, recorded the highest rates of growth with regard to 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

The average honey export price stood at $X per ton in 2022, dropping by -2.3% against the previous year. Overall, the export price, however, recorded slight growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 63% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Tanzania ($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 Oman (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Honey Imports

Imports into the United Arab Emirates

In 2022, overseas purchases of honey decreased by -5.8% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a resilient increase. The growth pace was the most rapid in 2016 with an increase of 38%. Over the period under review, imports reached the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, honey imports amounted to $X in 2022. In general, imports, however, posted prominent growth. The growth pace was the most rapid in 2020 when imports increased by 45%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of honey to the United Arab Emirates, accounting for a 60% share of total imports. Moreover, honey imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), tenfold. The third position in this ranking was held by Germany (X tons), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume from India stood at +33.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+6.9% per year) and Germany (+2.0% per year).

In value terms, India ($X) constituted the largest supplier of honey to the United Arab Emirates, comprising 24% of total imports. The second position in the ranking was held by Germany ($X), with an 8.2% share of total imports. It was followed by Hungary, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from India amounted to +32.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.8% per year) and Hungary (+59.0% per year).

Import Prices by Country

The average honey import price stood at $X per ton in 2022, rising by 7.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 14% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, 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 Hungary ($X per ton), while the price for Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for honey in the world?

The countries with the highest volumes of honey consumption in 2021 were China, the United States and Turkey, with a combined 42% share of global consumption. These countries were followed by Iran, Germany, Russia, the UK, Japan, France, Canada, Poland, Spain and Mexico, which together accounted for a further 26%.

What are the largest producers of honey in the world?

The country with the largest volume of honey production was China, comprising approx. 25% of total volume. Moreover, honey production in China exceeded the figures recorded by the second-largest producer, Turkey, fourfold. Ukraine ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of honey to the United Arab Emirates?

In value terms, India, Hungary and Germany were the largest honey suppliers to the United Arab Emirates, together comprising 51% of total imports.

What are the leading importers of honey from the United Arab Emirates?

In value terms, India remains the key foreign market for honey exports from the United Arab Emirates, comprising 38% of total exports. The second position in the ranking was occupied by the United States, with a 17% share of total exports. It was followed by Mauritius, with a 13% share.

What is the average export price for honey in the United Arab Emirates?

In 2021, the average honey export price amounted to $1,508 per ton, dropping by -37.3% against the previous year.

What is the average import price for honey in the United Arab Emirates?

In 2021, the average honey import price amounted to $4,034 per ton, waning by -2% against the previous year.

This report provides an in-depth analysis of the honey market in the United Arab Emirates. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1182 - Honey

Country coverage:

United Arab Emirates

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the United Arab Emirates
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023