Blog Credits: https://www.heetbindalglobal.com/
How honey is made:
It all begins in the field where the worker honey bee nibbles on the Flowers' anthers, detach the pollen and pack up her haul, which means collecting nectar from the flower blossom and keeping it in the special basket on her back legs called corbicula. Bees bent their legs using it to squeeze the pollen into a ball packing it together with a little saliva and nectar. One honey bee can get 160,000 pollen grains into each ball. She is hauling as much as one-third of her weight. Back at the hive, in its digestive enzymes, already nectar is processing and making two sugars called glucose and fructose, once the worker honey bee returns to the hive spits out the nectar to a processor honey bee's mouth, while spitting doesn't stop here as it spits it out this nectar to another processor honey bees mouth, this process of nectar goes down until it turns into sugar when the bee removes this watery honey from its tummy to store it to the honeycomb as it's still watery and gooey smart honey bee flies their wings on it until it turns out too thick as honey. A single honey bee only produced 1 and a half teaspoons of honey in its whole life. bees fly 55,000 miles away to produce a pound of honey by visiting 2 million flowers.
Honey is a precious gift of nature to us it's full of vitamins, and minerals and has many medicinal benefits beyond that honey has anti-microbial and healing properties linked with it.
The market size of honey:
As of 2019-2020, the export of natural honey from India is around 59536.75 metric tone, if we consider it by value it is around 633.82 crores, and in USD IT IS 88.65million USD. If we analyze the whole world market of honey, it is around 1.99 billion USD dollars. It's a big volume. YOY means year over year Indian honey export is growing rapidly at the rate of 20% of annual growth
If we consider the exporter of honey:
The first number comes from china, china exports honey around 1.46 lakhs per year, which is around 11.9% of the world's trade share.
The second number comes for New Zealand exports of honey around 0.19 lakhs metric tons, which is 9.9% of the total world's share.
The third number country exporter is Argentina, Argentina exports honey of around 0.67 lakhs metric tons which is almost 8.3 % of the total world's share.
If we analyze Germany's honey exports of around 0.25 lakhs metric tons which are 6.3 % of the total world's share.
Ukraine is exporting honey of around 0.51 lakhs metric tons, which is around 5.41% of the total world's shares.
Mexico exports honey in roughly 0.35 lakhs metric tons, and if we analyze its total world share it is 5.4%.
Brazil is at seven numbers, it is exporting 0.31 lakhs metric tons, which is 5.16% of the world's share.
Our beloved India is at 8th number it is exporting honey to other countries in 0.52 lakhs MT, which is 4.56% of the total world share by value.
Why Indian honey is the best honey as compared to other countries:
It is not surprising that India's Himanchal honey is regarded as the greatest in the world because India has a long history of beekeeping and has the highest density of hives per acre in all of Asia.
The black forest and a diverse range of flora work together to give unique honey its distinctive flavor and texture.
The profit margin for importing honey to other countries:
It's consumed widely as it's a food. Honey importing's profit margin is around 8 to 30%. Depending upon your communication skills, as well as negotiating skills.
Demanding countries of honey:
The United States of America is exporting honey as well as importing honey, if we analyze the United States of America it is importing natural honey from around 30% of the world's total honey. As you may know India's all exporting 16% is imported to the United States, we do have a good trade relationship with the USA. As an exported if you want to export honey, the USA should be the target country for the expansion of your business. you can also import honey to the UAE, and United Arab Emirates. If we consider Saudi Arabia, Morroco, Canada, and Bangladesh are the leading importer of honey. It comes under the EPC-APEDA, which means agriculture and process food export development authority, EPC is huge.
Growth in honey export business:
Verities of honey: depending on the flower available particular area verities vary. For example, if you take honey from Hemanchal, what type of flowers in Himachal grow? Different regions have different flowers, and the taste of honey is also different. Sunflower honey means the bee collects the nectar from sunflower and makes honey from it called sunflower honey. Mustered honey, Ajwain honey, Sidr honey, lychee honey, multiflora Himalaya honey,
Application of honey:
Honey is used in tea as an alternative to sugar as people are getting aware that artificial processed white sugar has side effects, also used in sweets making and in chocolate as well. Even the wax candle has a portion of honey. Even cosmetics especially skin care products are highly consumed products with honey in them. People do take honey in warm water for losing weight even can be consumed directly, or applied on toast. Pharmaceutical medicines also use honey. Honey wine also called whiskey involves honey notes in it.
Sourcing of honey in India:
Delhi NCR area is the biggest producer of honey; Uttar Pradesh and all areas in its surroundings are also the production area. Only NCR is the biggest producer which produces almost 75% of the total country's production. The government is facilitating with 100% subsidy up to 200units of power per month. In NCR that is why a large portion is produced there. You can also get honey from Rajasthan, Maharashtra, and North East Area.
Quality of honey:
Honey should be free from the dead body of bees. It should be free from heavy metals. No pesticides should be found. Moisture should not be more than 17%. Sucrose should not be more than 5% gram out of 100grm of a sample. Pollen count should not be more than 25000 per gram.
Government benefits for honey export:
As you already know that heavy subsidy is given on honey by the government of India as well as DBK-0.15%, and costume grants you a .15 duty drawback. ROTDEP stands for Remission Of Duty and Texas on Export Product is 3% it is replaced by MEIS which was on honey 7%,TMA is also available for a few locations. You can check from ;
https://www.indiantradeportal.in/ if the TMA is granted for the targeted market or not.
Profitable for Importer to import honey from India:
There is a constant demand for honey there is no such volatility in terms of demand for honey, you have big customers like restaurants and the pharmaceutical industry. The shelf life for honey imported from India is more than other countries, as we extract honey naturally in an organic way. The fact that natural honey exports from India climbed from $31.64 million in 2010 to $108.68 million in 2016. A growth of 243.48% shows that Indian honey is gaining recognition in global markets. Over the past few years, the US has been the nation that has imported the majority of our honey. During the same time period, US imports of natural honey from India increased by an astounding 355.99%, from $20.93 million in 2010 to $95.44 million in 2016. Honey exports from India to other nations totaled $42.68 million in 2017 with the US still holding the majority of that amount at $34.78 million. Other major importer of Indian honey is Saudi Arabia, Bangladesh, and Morocco because of the finest unique quality we are providing to our importer countries.
So what are you waiting for... Start Importing Honey from India...
Blog Credits: https://www.heetbindalglobal.com/