Market research

Honey market in Caribbean

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Caribbean" region includes following countries:

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The Caribbean honey market volume experienced significant fluctuations from 2018 to 2023. It grew from 4 970 t in 2018 to 5 993 t in 2019, then contracted sharply to 3 219 t in 2020. A partial recovery followed, reaching 4 621 t in 2021 and 5 236 t in 2022, before declining to 3 865 t in 2023.

In value terms, the market showed similar volatility, dropping from USD 13.6 million in 2018 to USD 7.7 million in 2020, then rebounding to USD 15.8 million in 2022 and falling to USD 12.1 million in 2023. Production and export volumes also varied considerably throughout this period.

In 2024, the region's honey gained notable international recognition when Dominica's 'La Vie Miel' brand won the award for best international honey at the UK's National Honey Show. Terri Henry-Lovell from St. Kitts and Nevis also won several awards for hive-derived products, indicating a trend toward product diversification within the Caribbean beekeeping sector.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Caribbean
  1. 5.1.1. Annual dynamics of production in Caribbean in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Antigua and Barbuda in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Antigua and Barbuda by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Antigua and Barbuda in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Antigua and Barbuda, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Antigua and Barbuda by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Antigua and Barbuda in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Antigua and Barbuda by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Antigua and Barbuda in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Antigua and Barbuda by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Antigua and Barbuda, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Antigua and Barbuda by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production honey in Caribbean

In kind, 2017-2020, t

Top producers of honey, 2017-2020

Source: SHEV.io

World map of production of honey, 2017-2020

Source: SHEV.io

Caribbean honey production declined after two years of growth. In 2019, production reached its peak at 12 732 tonnes, but by 2020 it had fallen to 10 269 tonnes, marking a significant 19.3% decrease. The largest annual increase occurred in 2018, when production rose by 31.0%. Overall, from 2017 to 2020, production grew by 22.3%, averaging an annual rate of 6.9%.

Annual dynamics of production in Caribbean in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	31.0%	15.8%	(19.3%)	6.9%

Source: SHEV.io

In value, 2017-2020, K $ US

Caribbean honey production value declined for the second year in a row. In 2020, the output was valued at 22 149 thousand US dollars, down 17.6% from 2019. The highest value was recorded in 2018 at 28 249 thousand US dollars, which also saw the largest annual increase of 25.3%.

Annual dynamics of production in Caribbean in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	25.3%	(4.9%)	(17.6%)	(0.6%)

Source: SHEV.io

Exports honey from Caribbean

Exports in kind, t

Caribbean honey exports increased for the second consecutive year. In 2020, exports reached 7 795 tonnes, up 6.4% from 2019. The lowest point was in 2018 at 6 616 tonnes, which experienced a 9.7% decline. The largest annual increase occurred in 2019, with a 10.8% rise. From 2017 to 2020, exports grew by 6.4%, averaging 2.1% per year.

Annual dynamics of product's exports from Caribbean in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.7%)	10.8%	6.4%	2.1%

Source: SHEV.io

From 2017 to 2020, the main destinations for Caribbean honey exports by volume were Germany, Spain, and Belgium. Germany accounted for 56.9% of exports, Spain for 9.3%, and Belgium for 6.7%. Together, these three countries represented 72.8% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Caribbean in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Caribbean honey exports in value terms increased after two years of decline. In 2020, exports amounted to 16 813 thousand US dollars, an 8.7% increase from 2019. The lowest value was recorded in 2019 at 15 469 thousand US dollars, which saw a 13.7% decline in 2018. Overall, from 2017 to 2020, exports decreased by 14.6%, with an average annual decline of 5.1%.

Annual dynamics of product's exports from Caribbean in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.7%)	(9.0%)	8.7%	(5.1%)

Source: SHEV.io

From 2017 to 2020, Germany, Belgium, and Spain were the leading destinations for Caribbean honey exports by value. Germany held 57.8% of exports, Belgium 7.6%, and Spain 7.5%. Combined, these three countries accounted for 72.8% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Caribbean in value, 2017-2020

Source: SHEV.io

Imports honey to Caribbean

Imports in kind, t

Caribbean honey imports increased for the second year in a row. In 2020, imports totaled 745 tonnes, a sharp 26.4% rise from 2019. The lowest volume was in 2018 at 588 tonnes, which saw a slight 1.7% decline. From 2017 to 2020, imports grew by 24.4%, averaging 7.5% per year.

Annual dynamics of product's imports to Caribbean in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.7%)	0.1%	26.4%	7.5%

Source: SHEV.io

Between 2017 and 2020, the United States, India, and the Netherlands were the primary sources for Caribbean honey imports by volume. The United States accounted for 66.9% of imports, India for 8.2%, and the Netherlands for 4.0%. Together, these three countries made up 79.1% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Caribbean in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Caribbean honey imports in value terms increased after a two-year reduction. In 2020, imports reached 2 334 thousand US dollars, up 8.9% from 2019. The lowest value was in 2019 at 2 144 thousand US dollars, which experienced a 7.7% decline. Overall, from 2017 to 2020, imports decreased by 3.2%, averaging a 1.1% annual decline.

Annual dynamics of product's imports to Caribbean in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.7%)	(7.7%)	8.9%	(1.1%)

Source: SHEV.io

From 2017 to 2020, the United States dominated Caribbean honey imports by value, accounting for 71.1% of total flows. The remaining share was distributed among various smaller destinations.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Caribbean in value, 2017-2020

Source: SHEV.io