Honey has enormous health benefits and is often recommended by doctors. Its benefits are what make the product on demand and pricey. However, the price varies with region. Therefore, honey wholesalers need to understand the price of honey in different areas to be sure where to source and export from.
If you’d love to export organic honey in bulk, one of the best places to source from is Kenya. We have the best raw honey that comes with the best natural benefits. What’s better, at FrutPlanet, we can help you source and guide you through the export logistics until delivery. You can contact us via email or call our customer support for more.
The price of honey is highly affected by region, especially because different regions experience varying climate. The table below features the top largest exporters according to their export volume for december.
| Rank | Country | Export Volume(2021/12) | Wholesale price/kg |
|---|---|---|---|
| 1 | New Zealand | $31.20M | $24.30-28.30 |
| 2 | China | $30.18M | $2.0- 2.10 |
| 3 | Argentina | $10.85M | $2.25-2.50 |
| 4 | Brazil | $6.43M | $2.28-3.55 |
| 5 | Germany | $16.00M | $5.25-6.40 |
| 6 | Ukraine | $25.87M | $1.85-2.08 |
| 7 | India | $12.29M | $1.55-1.85 |
| 8 | Spain | $12.77M | $3.55-4.10 |
| 9 | Vietnam | $3.27M | $4.15-4.95 |
Region 1 – New Zealand
New Zealand generates the largest export value from honey exports, producing about 19.97M metric tonnes in 2021, or about USD 551.95 in export value. Statistics show that the export value has constantly been increasing by about 67% compared to the previous year.
The wholesale price of honey per Kg in 2023 is $24.30 to 28.30. Although there have been fluctuations in honey prices, it shows a constant increase over the last three years. The price in Kenyan Shilling is 3193.02 to 3718.62.
But why is New Zealand honey so expensive?
New Zealand honey is expensive because of its high demand and limited supply. The honey is named Manuka, a name coined from the indigenous Maori term for the Leptospermum Scoparium tree. Its high demand is attributed to the antimicrobial and tissue regeneration benefits.
Region 2 – China
China exported 146.74 Million metric tons, making it the largest exporter of honey within the month. The honey generated a revenue worth $263.42 million.
The industry has be exponentially decreasing over the years especially because of increase in honey importation. However, data indicates that the industry has a growth rate of 5% per year until 2032.
In China, the wholesale price of honey per kg is $2.0 to 2.10. Converted to Kenya Shilling, the price is 262.80 to 275.94.
The most honey producing provinces include Zhejiang, Jiangsu, Fujian, Taiwan, and Anhui.
Region 3 – Argentina
Argentina takes second place as the largest honey exporter, with an export volume of $63.40M metric tonnes in 2021, generating about USD213.98M. The export value has increased by 19.13% in the last three years.
The wholesale price of honey in Argentina ranges from $2.25 to 2.50. The price indicates an increase in price per kg compared to the last three years, mainly because of the decrease in import volume. The wholesale price of honey in Kenya Shilling is 295.65 to 328.50.
Argentina Honey is produced nationally wide and is considered a federal agricultural produce. Some regions that produce honey include Cuyo, Santa Fe, Buenos Aires, Cordoba, Patagonia, Chaco, Delta, La Pampa, and many others.
Conclusion
Honey value is deeply invested in the health benefits that accompany it. From killing germs to protecting wounds and tissues. As a result, the price of honey per kg is highly influenced by the current events.
Its wise for business owners planning to order honey in bulk to research on price within different regions. That way, they will make better informed decisions.
If you’re looking for a reliable exporter to help source and export honey from Kenya, FrutPlanet is your go-to team. We have an extensive network of organic honey farmers in the interior regions of Kitui and Masai land. You can request a quote or email our customer support team for a more comprehensive guide on how we can help you.
