News

Hungary: This year's harvest for beekeepers prospects are good, but the low purchase price is a problem for large honey producers

Honey
Hungary
Market & Price Trends
Published Apr 11, 2024

Tridge summary

The acacia honey season in Hungary is showing promise for local beekeepers, with expectations of a productive harvest contributing to over half of the country's 25 to 30 tons of honey production. Despite this positive outlook, the market is facing challenges due to the influx of low-priced, mostly counterfeit honey from China, which is undermining prices and may force several large Hungarian honey producers out of business. In response, the Hungarian government is implementing measures such as mandatory country-of-origin labeling for honey, and the EU has included honey in its emergency brake regulation to safeguard the industry from import disruptions, aiming to protect domestic and European honey producers.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This year's acacia season may be favorable for domestic beekeepers, however, as a result of persistently low purchase prices caused by Chinese honey flowing into the European Union - mostly fake - several large domestic honey-producing companies may cease their activities, stated Péter Bross in an interview with Agroinform.hu. President of the National Hungarian Beekeeping Association (OMME). (Photo: Pixabay) This year, the generational change took place in the apiaries already by mid-March, the majority of the 1.2 million domestic bee colonies that have overwintered began in good condition. The shoots of the acacia survived the frosty days of March, and with weather similar to the current one, this year's season of acacia honey can begin at the end of April. Acacia honey is expected to make up more than half of the expected domestic honey harvest of between 25 and 30 tons this year, the president estimated. The collapse of the EU honey market is caused by honey imports from third ...
Source: Trademagazin
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