Natural Honey in Nicaragua: Business Down

More demanding quality standards in international markets and lack of financing explain the 40% drop reported in exports to November 2019.

Tuesday, January 7, 2020

According to figures from the Center for Export Procedures (Cetrex), between January and November 2019 the country exported 442 tons of natural honey, a volume that is 20% lower than the tons traded during the same period in 2018.

For the periods in question, revenues fell from $2.26 million in 2018 to $1.34 million in 2019, a drop of 40%.

You may be interested in "Honey Production: Rising Business in Costa Rica"

Aurora Zeas, manager of Zeas Apícola, told Laprensa.com.ni that "... there was a reduction in exports because there are now more demands in the international market and more competition."

Zeas added that "... They are buying less internationally because there is a lot of competition, there are other honeys coming in and they are cheaper than Nicaragua's, this is the case of Argentina which is getting good productions and much cheaper, but we are keeping up, now we are sending to Costa Rica, and we have diversified our products."

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More on this topic

Guatemala: Drastic drop in Honey Exports

April 2016

The fall in international prices coupled with a 50% decline in production explains the negative outlook that beekeepers have for this year, 2016.

Reports state that the international price has fallen by up to 55%, as a metric ton of honey went from trading at between $4,000 and $4,200 in 2015 to a range of $2,000 to $2,400 so far this year, reports Prensalibre.com.

Bad Year for Honey in Costa Rica

March 2015

Adverse climate effects have led to a lower production of honey, which will not be enough to meet demand in the local market by the end of the year.

According to projections by the Tropical Bee Research Center, at the National University this year production was one-third what it was in 2014. Consequently beekeepers and packaging companies will be affected by this low level of honey production in the country.

El Salvador Ventures Into Honey

September 2013

The country has high quality honey but is far from competing with the big exporters like China and India.

The main destination of the 1,978 metric tons of honey produced during the 2012-13 harvest was Europe, however, this is not enough for the country to compete with major exporters such as China, Mexico or India. This amount was 536 tons more than the harvest exported during 2011-12 when 1,442 tons were sold.

Guatemalan Beekeeping Registry Created

October 2012

New rules have been established for the regulation of beekeeping that meet the requirements of European Union on honey imports.

Prensalibre.com reports that "The Agreement 169-2012, from the Ministry of Agriculture, Livestock and Food (MAGA), published yesterday in the Journal of Central America, provides guidelines for creating a Guatemalan Beekeeping registry, issuing operating licenses and health and safety certificates for exports. The provision also includes the establishment of a national sampling program for the detection of residues and contaminants and the maximum permissible limits of these in bee products. "

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