Analysis

Ukraine natural honey faced fierce competition in Europe

Honey
Ukraine
Denmark
Spain
Published Mar 10, 2021
Ukraine's natural honey exports have shown rapid growth in the last 3 years, which have increased with a total value of 50M USD in 2018 to over 60M USD in 2020. Israel with the highest import growth rate of 113.74% has contributed to Ukraine's exports of natural honey in the past year, while Denmark reduced its imports by 24.98% and Spain fell 12.22% from 2019. Denmark and Spain are no longer dependent on imports of natural honey from Ukraine, now suppliers to the market became much diversified with China, Eastern Europe, and America.
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