What is the price of natural honey per kilogram/pound in Ethiopia today?
The retail price range for Ethiopia natural honey is between US$ 2.93 and US$ 17.60 per kilogram or between US$ 1.33 and US$ 7.98 per pound(lb). Click here to see today's exact prices of natural honey in Ethiopia
The retail price range in Ethiopian Birr for natural honey is between ETB 159.12 and ETB 954.69 per kilogram or between ETB 72.16 and ETB 432.97 per pound(lb) in Addis Ababa and Dire Dawa.
Wholesale prices
In 2024, the approximate wholesale price range for Ethiopia natural honey is between US$ 2.05 and US$ 12.32 per kilogram or between US$ 0.93 and US$ 5.59 per pound(lb).
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Ethiopia Natural Honey Export Prices - Historical, Trends and Prediction
The export price per kilogram of Natural Honey from Ethiopia over the last five years has seen a steady decline. In 2021, the price was 4.35 US dollars per kilogram, which is the highest price in the last five years. In 2020, the price was 3.27 US dollars per kilogram, followed by 3.11 US dollars per kilogram in 2019. In 2018, the price was 2.71 US dollars per kilogram, and in 2017, the price was 2.86 US dollars per kilogram. The lowest price in the last five years was 2.84 US dollars per kilogram in 2016. Based on this trend, it is predicted that the export price per kilogram of Natural Honey from Ethiopia in 2023 will be around 2.50 US dollars per kilogram, and in 2024 will be around 2.25 US dollars per kilogram.The Ethiopia natural honey exports are categorised as:
- Natural honey (HS code 040900)
Ethiopia Natural Honey Import Prices - Historical, Trends and Prediction
The import price per kilogram of Natural Honey into Ethiopia has been fluctuating over the past five years. In 2016, the price was at its lowest at 2.84 US $ per kg, before increasing to 3.11 US $ per kg in 2019. The price then rose to its highest point in 2021, at 4.35 US $ per kg. Based on this trend, it is likely that the import price per kilogram of Natural Honey into Ethiopia will continue to increase in the coming years. We can predict that the price in 2023 will be around 4.50 US $ per kg, and in 2024 it will be around 4.70 US $ per kg.Export values for Ethiopia natural honey
The total values in export for natural honey in Ethiopia were US$ 1,543, US$ 1,428, US$ 313 and US$ 627 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Ethiopia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of natural honey in other countries across Africa: Algeria natural honey, Angola natural honey, Botswana natural honey, Burundi natural honey, Cameroon natural honey, Cape Verde natural honey, Central African Republic natural honey, Comoros natural honey, DRC Congo natural honey & Benin natural honey.
Ethiopia natural honey - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ethiopia exported 153 tonnes of natural honey. For 2019 alone, the demand for Ethiopia natural honey (processed category) has surged, with a change of 24.39 pc compared to the year 2018. Between 2017 and 2019, natural honey's exports went down by -69.4% earning Ethiopia US$0.63m for the year 2019. Ethiopia's natural honey exports are classified as:
- Natural honey (HS code 040900)
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Ethiopia natural honey export values
In 2019, Ethiopia supplied natural honey valued at 0.63m USD, a surge of 101.28% from 2018's total natural honey export of 0.313m USD. The yearly change in value of Ethiopia natural honey between 2017 to 2018 was -78.081%.
The yearly variation in the quantity of Ethiopia's natural honey exports between 2017 and 2019 was -69.4 pc compared to a variation of 24.39% in the period between 2018 and 2019.
Export markets for Ethiopia natural honey ( in '000$ )
Ethiopia's top export markets for natural honey are Norway, Sweden, United Kingdom (UK), US and Israel.
Ethiopia imported 10 tonnes of natural honey in 2019.