Monthly Honey Trade – 2024 May

Monthly Honey Trade – 2024 May

Copy of MAY 2024 EXPORTS IMPORTS HONEY

May 2024 shows the average price paid for Canadian honey shipped to the US rose 14% to $2.42 per pound from the previous month’s average price of $2.12/lb. The average price paid for honey exports to Japan in April dropped 4%  ($0.12) from the April average of $2.94 to $2.82.  Volumes shipped to Japan declined by 25% while volumes to the US rose by 21% over the previous month.

The volume of honey imported to Canada rose by 13% over the previous month, from 994,413 KGs to 1,122,851 KGs

Average import prices maintain the trend towards volatility, dropping 15% from the previous month’s average ($2.78) to $2.37.

Honey arriving in significant volumes reporting prices under $2 a pound arrived from Brazil ($1.59), India ($1.60), Argentina ($1.87), and Cuba ($1.27)

 

 Regards,

Stephen Page
AAFC – MISB SDAD
Crops and Horticulture Division
Sector Specialist – Honey and Beekeeping