Top Opportunities with Honey Export from India: A Complete Guide

Key Points

• India is the world's seventh largest producer and exporter of honey. 

• As per honey export data, India's honey exports are increasing, with a projected total of $203 million in 2022-23.

• The US is the leading importer of Indian honey, followed by Saudi Arabia, UAE, Bangladesh, and Canada. 

• China is the global leader in honey exports, but India has strong domestic players such as Dabur and Patanjali. 

• To start export honey from India, proper registration, market research, and locating dependable buyers are essential.

Honey is a significant part of every Indian household. Also, honey is one of the five foods offered to Hindu devotees as per Sanatana Dharma. For centuries, honey has been used in many home remedies, and even many ayurvedic brands use it in their medicine because of its medicinal properties. Endless uses of honey create high demand all over the world. In India, it is produced and consumed at a very high level. Based on honey export data from India, honey exports from India were valued at US$ 96.77 million during 2020–21. 

However, Indian honey exporters need to understand their export destination and focus on targeting the market with proper strategies and planning. There is still a lot of potential that needs to be explored in honey production and honey export from India. In this comprehensive blog, we will explore the top opportunities for honey export from India, the top honey exporters in India, and updated honey HS codes.

Why start the honey export business in 2024?

Starting a honey export business in India might be beneficial due to the country's strong agricultural heritage and global demand for honey products. Also, natural honey is a natural product, and health-conscious consumers are willing to pay more for superior honey. 

Also, India is the world's sixth largest honey exporter, and demand for Indian honey is increasing due to global factors and unique qualities.

However, the worldwide demand for honey is increasing significantly. This trend is related to rising worldwide health awareness and a growing preference for natural sweeteners over sugar and artificial substitutes. 

Overall, 2024 may be an excellent year to launch a honey export business, but careful preparation and market research are required for success. The traders need to acquire updated market reports, such as how much honey is exported from India. Top honey exporters in India, updated honey export data from India, etc. Now, briefly discuss honey exports from India.

Did you know? India is one of the top 5 producers of honey. As per an advance estimate, 133200 metric tons of honey were produced by India in 2021-22.

How much honey is exported from India?

India's honey exports have been increasing. Here's a quick update for Honey export data from India (2023-24):

• As per honey export data, India exported a substantial amount of honey: 79,929.17 metric tonnes (MT), worth more than US$203 million In 2022-23 (ending March 2023). 

• India is the world's seventh biggest producer and exporter of honey. It exported 74,413.05 MT of natural honey in 2021-22, worth $163.77 million, and $190.06 million in 2022-23 (April-February). 

• The honey market in India was valued at Rs 23.3 billion in 2022, and it is predicted to increase at an 8.4% CAGR to Rs 38.8 billion by 2028.

Let’s discover the top 5 source countries for honey exported to India.

Honey export from India: Top Export Destinations

Here's a closer look at some of the top destinations for Indian honey exports, as well as the reasons for its popularity:

1. United States: The US is the largest importer of Indian honey, accounting for almost 80% of exports in some years. There's a growing demand for high-quality honey varieties in the US market.

2. Saudi Arabia: Another key market for Indian honey, Saudi Arabia prefers lighter-colored honey.

3. United Arab Emirates: The UAE is a rising market for Indian honey, driven by factors like a growing population and increasing disposable income. 

4. Bangladesh: Because of its low price and supposed health benefits, Indian honey is in high demand in this neighboring country.

5. Canada: Canada is a developed country with a rising taste for honey, and some Indian honey kinds can fill this demand. 

So, the export honey from India is thriving, with the United States, Saudi Arabia, the United Arab Emirates, Bangladesh, and Canada as significant markets. The United States is the largest export market for Indian honey, accounting for more than 70% of total shipments.

 According to Honey Trade data, India exported 59,999 metric tonnes (MT) of natural honey worth Rs. 716 crore (US $96.77 million) in the fiscal year 2020-2021, with 44,881 MT headed for the United States. If you're thinking about entering the honey export industry, focusing on these markets and their specific demands could be a good idea. 

Now, let’s explore the top honey exporters in 2023!

Top 10 Honey Exporting Countries in 2023

Here is the list of top honey exporters or honey exporting countries.

So, the top countries for honey exports are China, New Zealand, Argentina, Ukraine, and Spain. Honey exports in 2023 totaled $2.68 billion. In 2023, China emerged as the leading honey exporter, accounting for a sizable share of the global market. 

Honey export data can be a game changer in increasing the income from honey exports. It provides deep market insights, industry trends, and much more information to explore, which eventually helps honey exporters work in the honey export industry effectively and efficiently.

How to export honey from India?

To establish a honey export business in India, you may need a variety of documents, including export documentation, an export license, a certificate of origin, an FSSAI food license, and so on. Here are the important steps to get you started: First, we go over the documentation for honey exports from India.

• Business Registration with the MCA

• Registrations include GST, FSSAI, 

• import/export codes, and APEDA.

Here are several important steps for honey export from India.

1. Business Registration is Mandatory:

The choice of business structure has legal implications. Entrepreneurs must register their honey business in accordance with the structure they choose, as well as follow the norms and regulations that govern their industry. Furthermore, complying with India's tax rules is a requirement for establishing a honey export firm.

2. Do market research:

Understanding the nature or qualities of the product is critical while setting up a honey export business in India. If the product is classified as food or edible, it is subject to the Food Safety and Standards Authority of India's laws. However, the traders need to perform market research before exporting honey from India. The ExportImportData platform is the foremost platform for analyzing the statistics for honey export from India, honey export data from India, etc.

3. Find the top honey exporters in India: 

The largest exporter of honey in India is Royal Bee Honey. However, the other top honey exporters in India are Dabur Honey, FOREVER Bee Honey, Himalaya Honey, Patanjali Honey, Zandu Honey, Apis Honey, and Nature's Gift Honey.

To know the exact and updated list of honey exporters in India, honey export prices from India, or honey export companies in India, connect with the ExportImportData platform and analyze the India trade data efficiently. 

4. Find a buyer or distributor:

Finding exact honey buyers or importers takes a lot of work for traders. Several market research websites in India provide market information, but one of the best data-driven platforms is ExportImportData.in. They provide insights such as honey export data, export honey from India, a honey exporters list, or updated honey buyers globally. So choose your trading partner wisely and obtain relevant and upgraded statistics for honey export from India instantly.

Final Thoughts

So, honey export from India in 2024 will be a growing sector, with big players such as China, the United States, and Germany leading the way. A thorough procedure is required to export honey from India successfully. Each phase, from business registration and compliance with FSSAI and CAC regulations to DGFT registration, market insights, and contract negotiations with overseas customers, is critical.

If you have any further queries regarding honey export data from India, bee honey export from India, natural honey export data from India, or honey export data, please feel free to contact ExportImportData.in. We can elevate your trade business to the next level!