Chad: Honey Market 2020

Honey Market Size in Chad

The revenue of the honey market in Chad amounted to $X in 2018, going down by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Over the period under review, the honey market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Honey Production in Chad

In value terms, honey production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 when production volume increased by X% y-o-y. Over the period under review, honey production reached its peak figure level at $X in 2014; however, from 2015 to 2018, production remained at a lower figure.

Honey Exports

Exports from Chad

In 2018, the amount of honey exported from Chad totaled X kg, waning by -X% against the previous year. Over the period under review, honey exports continue to indicate a precipitous drop. The pace of growth appeared the most rapid in 2012 with a decrease of -X% against the previous year. Over the period under review, honey exports attained their maximum at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, honey exports stood at $X in 2018. In general, honey exports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. In that year, honey exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, China (X tons), distantly followed by Ukraine (X tons), Argentina (X tons), India (X tons), Vietnam (X tons) and Mexico (X tons) represented the largest exporters of honey, together comprising X% of total exports. Brazil (X tons), Germany (X tons), Hungary (X tons), Spain (X tons), Belgium (X tons) and Canada (X tons) held a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Argentina ($X) and Ukraine ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Germany, Brazil, Spain, Mexico, India, Hungary, Belgium, Vietnam, Canada and Chad, which together accounted for a further X terms of the main exporting countries, Chad (+X% per year) experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the honey export price in Chad amounted to $X per ton, rising by X% against the previous year. Over the period under review, the honey export price continues to indicate an outstanding expansion. The growth pace was the most rapid in 2018 an increase of X% y-o-y. In that year, the export prices for honey attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced more modest paces of growth.

Honey Imports

Imports into Chad

In 2018, approx. X tons of honey were imported into Chad; lowering by -X% against the previous year. In general, honey imports continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, honey imports reached their maximum at X tons in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, honey imports amounted to $X in 2018. Overall, honey imports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Chad imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons) represented the largest importer of honey, mixing up X% of total imports. Germany (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by the UK (X%), Japan (X%), France (X%) and Spain (X%). The following importers - Italy (X tons), Poland (X tons), Belgium (X tons), Saudi Arabia (X tons), China (X tons) and the Netherlands (X tons) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, China (+X%), Poland (+X%), Belgium (+X%), Spain (+X%), Italy (+X%), Saudi Arabia (+X%), the Netherlands (+X%), the UK (+X%), France (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Germany (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Poland (+X p.p.), Spain (+X p.p.), the UK (+X p.p.), Italy (+X p.p.), Belgium (+X p.p.), China (+X p.p.) and France (+X p.p.) significantly strengthened its position in terms of the global imports, while Germany saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by France, the UK, Italy, China, Spain, Saudi Arabia, Belgium, Poland, the Netherlands and Chad, which together accounted for a further X the main importing countries, China experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The honey import price in Chad stood at $X per ton in 2018, dropping by -X% against the previous year. Overall, the honey import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of X% y-o-y. Over the period under review, the import prices for honey attained their peak figure at $X per ton in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform