Honey market in Honduras

Earlier Report Observations

The Honduran honey market began a period of significant transformation in 2018 with the introduction of new microbiological quality standards and labeling rules requiring the disclosure of origin countries. The following year, the entry of low-quality synthetic honey from El Salvador increased import volumes, contributing to a sharp market expansion to 262 t despite stable domestic production. Regulatory oversight remained consistent through 2020, supporting a continued market growth to 292 t.

Market volume stabilized around 288 t in 2021 as regulatory vigilance continued without new provisions. A key regulatory change was finalized in 2022 with the official approval of modified origin-labeling requirements. This period coincided with a surge in imports, driving the total market volume to a peak of 439 t, even as local honey production continued its gradual decline.

By 2023, the market experienced a sharp correction, with total volume falling to 180 t. This contraction was primarily due to a significant drop in import volumes, while domestic production also continued to decrease.

Production honey in Honduras

In kind, 2017-2020, t

Top producers of honey, 2017-2020

World map of production of honey, 2017-2020

Honduras produced 119.7 tons of honey in 2020, with production remaining relatively stable compared to the previous year. The largest year-over-year increase occurred in 2018, at 0.0%.

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

Exports honey from Honduras

Exports in kind, t

Honduras's honey exports have grown for three consecutive years. In 2020, exports reached 3.8 tons, marking a 173.2% increase from 2019. Over the 2017-2020 period, exports rose by 263.5%, with a compound annual growth rate of 53.8%.

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

From 2017 to 2020, the United States was the dominant partner for Honduras's honey exports in volume terms, accounting for 74.8% of total flows. Other markets played a less significant role during this period.

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

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

Exports in value, K $ US

The market showed considerable volatility in these years. Exports in value terms reached their lowest point in 2019 and peaked in 2020, with a six-fold difference between these two years. In 2020, honey shipments from Honduras abroad amounted to 8.6 thousand US dollars, representing a sharp year-over-year gain of 497.2%. The minimum value was recorded in 2019 at 1.4 thousand US dollars, while the largest decline occurred in 2019, at 44.8%.

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

Between 2017 and 2020, the United States and Panama were the leading partners for Honduras's honey exports in value terms, together accounting for 84.8% of total flows. The remaining share was distributed among other countries.

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

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

Imports honey to Honduras

Imports in kind, t

Market performance showed noticeable fluctuations during this period. Imports in volume terms bottomed in 2018 and peaked in 2017, with a 5.2-fold difference between these years. In 2020, Honduras's honey imports registered 175.9 tons, reflecting a 22.6% rise compared to 2019. The minimum value was recorded in 2018 at 36.1 tons, with the largest decline occurring in 2018 at 80.8%. The largest increase was recorded in 2019, at 297.3%.

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

From 2017 to 2020, El Salvador and Guatemala were the core markets for Honduras's honey imports in volume terms, jointly accounting for 98.6% of total flows. Other destinations had comparatively modest shares.

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

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

Imports in value, K $ US

Market performance exhibited noticeable fluctuations during this period. Imports in value terms reached their trough in 2018 and peaked in 2017, showing a five-fold swing. In 2020, honey volumes imported by Honduras amounted to 438.0 thousand US dollars, corresponding to a notable uptick of 16.4% relative to the prior year. The minimum value was recorded in 2018 at 92.7 thousand US dollars, with the largest decline occurring in 2018 at 80.1%. The largest increase was recorded in 2019, at 305.9%.

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

Over the 2017-2020 period, El Salvador and Guatemala clearly dominated the partner structure for Honduras's honey imports in value terms, while other countries together formed the remaining share.

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

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