Ukrainian honey exports have dropped by 40% this year.
“In the first nine months of 2018 honey exports decreased by 40% compared with the corresponding period last year and totaled 27,800 tons or $57.4 million,” national consultant at the Food and Agriculture Organization of the United Nations (FAO), market analyst Ann Burka posted on Facebook.
The beginning of the “active honey season”, which traditionally coincides with August-September, sees a significant decrease in Ukrainian honey export supplies to the foreign markets. At the end of September Ukrainian honey exports decreased by 39% compared to the same month last year and totaled 5,700 tons. A similar situation was observed in the previous month.
In January-September the main importers of Ukrainian honey were Germany – $16.8 million (29% of total exports), Poland – $9.9 million (17%) and the United States – $6.9 million (12%). (Ukrinform/Business World Magazine)