Key Highlights:
Export Volume and Value: Ukraine exported 48,000 tons of honey from January to June 2024, a 95% increase compared to the same period in 2023. These exports brought in more than $91 million, marking a 52% increase in foreign exchange earnings.
Price Decline: The average price of honey fell to $1,900 per ton, which is a decrease from previous periods, posing a challenge for the industry.
Export Market Growth: The significant growth in export volume and earnings highlights the strong demand for Ukrainian honey in international markets, despite the price drop.
Conclusion
Ukraine's honey export sector saw substantial growth in the first half of 2024, both in volume and revenue, underscoring the increasing global demand for Ukrainian honey. However, the industry faces challenges due to declining prices.
