Brazil - Honey - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHoney Price in Brazil - 2023
Contents:
- Honey Price in Brazil (FOB) - 2023
- Honey Price in Brazil (CIF) - 2022
- Honey Exports in Brazil
- Honey Imports in Brazil
Honey Price in Brazil (FOB) - 2023
The average honey export price stood at $2,461 per ton in October 2023, which is down by -7.1% against the previous month. Over the period under review, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in August 2023 an increase of 0.6% month-to-month. The export price peaked at $3,788 per ton in November 2022; however, from December 2022 to October 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In October 2023, the country with the highest price was Germany ($2,750 per ton), while the average price for exports to the United States ($2,428 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.6%), while the prices for the other major destinations experienced a decline.
Honey Price in Brazil (CIF) - 2022
The average honey import price stood at $7,000 per ton in 2022, surging by 31% against the previous year. In general, the import price showed a strong expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 124%. As a result, import price attained the peak level of $8,363 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Mexico amounted to +3,660.7% per year.
Honey Exports in Brazil
In 2022, after three years of growth, there was significant decline in overseas shipments of honey, when their volume decreased by -21.8% to 37K tons. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 53%.
In value terms, honey exports fell rapidly to $138M in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 66%. As a result, the exports reached the peak of $163M, and then dropped sharply in the following year.
Export of Honey in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 54.2 | 71.2 | 116 | 105 | 24.7% |
Germany | 4.8 | 13.2 | 21.5 | 13.3 | 40.5% |
Canada | 3.0 | 4.3 | 10.6 | 11.0 | 54.2% |
United Kingdom | 1.5 | 1.2 | 2.6 | 2.7 | 21.6% |
Others | 4.9 | 8.8 | 12.9 | 6.0 | 7.0% |
Total | 68.4 | 98.6 | 163 | 138 | 26.4% |
Top Export Markets for Honey from Brazil in 2022:
- United States (28.1K tons)
- Germany (3.5K tons)
- Canada (2.9K tons)
- United Kingdom (0.8K tons)
Honey Imports in Brazil
For the third year in a row, Brazil recorded decline in supplies from abroad of honey, which decreased by -99.6% to 1 kg in 2022. Over the period under review, imports faced a dramatic decline. The smallest decline of -6.5% was in 2021.
In value terms, honey imports contracted significantly to $7 in 2022. In general, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2021 with an increase of 7.4% against the previous year.
Import of Honey in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.3 | N/A | N/A | N/A | 0% |
Bolivia | 16.3 | 0.2 | 0.2 | N/A | -88.9% |
United States | 102 | 1.1 | 1.2 | N/A | -89.2% |
Others | 2.8 | N/A | N/A | N/A | 0% |
Total | 122 | 1.4 | 1.5 | N/A | -88.9% |
Top Suppliers of Honey to Brazil in 2022:
- Italy (1.0 kg)
This report provides an in-depth analysis of the honey market in Brazil. 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:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the honey market in Brazil.
This report provides an in-depth analysis of the manuka market in Brazil.
This report provides an in-depth analysis of the global honey market.
This report provides an in-depth analysis of the global manuka market.
This report provides an in-depth analysis of the honey market in Brazil.
This report provides an in-depth analysis of the manuka market in Brazil.
This report provides an in-depth analysis of the global honey market.
This report provides an in-depth analysis of the global manuka market.
In June 2023, the price of Honey was $2,954 per ton (FOB, Brazil), showing a decline of -7.2% compared to the previous month.
In July 2023, the Manuka price reached $2,784 per ton (FOB, Brazil), indicating a decrease of -5.8% compared to the previous month.
In 2016, the market value of honey totaled $X. A slight drop in 2009 was followed by a sharp increase over the period from 2010-2013. However, the market value declined over the next two years, which was then followed by a recovery in 2016. Equall
Global honey consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global honey imports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
In 2015 the global honey market value totaled X million USD. A slight drop in 2009 was followed by a sharp increase in 2010-2011.
Global honey market production was estimated at X million USD in 2015, which was X million USD (or X%) below the peak production level of 2013.
The value of total imports on the global honey market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of honey reached X thousand tons in 2015, which was X tho
In 2015, the global market value of honey totaled X million USD. A slight drop in 2009 was followed by a sharp increase in 2010-2011. The next four years were characterized by mixed dynamics. In physical terms, the market showed gradual increase ov
From 2007 to 2015, global exports of honey grew by +X% per year, amounting to X million USD in 2015. In physical terms, they reached X thousand tons in 2015, which was X thousand tons more than the year before.