Honey Market Overview in the United Arab Emirates
The revenue of the honey market in the United Arab Emirates amounted to $8.9M in 2010, surging by 13% 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). Over the period under review, honey consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the market value increased by 13% against the previous year. In that year, the honey market attained its peak level and is likely to continue its growth in the immediate term.