Honey Market Overview in Iran
In value terms, honey production fell dramatically to $ in 2019 estimated in export prices. Over the period under review, production, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2018 to 2019, production growth failed to regain the momentum.
The size of the honey market in Iran dropped to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a resilient increase. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Honey consumption peaked at $ in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.