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  • Honey export revenue peaked in 2021 with the subsequent decline due to consumers opting for cheaper varieties and an oversupply that drove prices down.
  • Moderate growth in export revenue is forecasted, driven by rising demand and higher prices.

Industry dataset (economic indicators and labour market dynamics)Link opens in new tab

Sources: Stats NZ1 and IBISWorld - Industry Market Research, Reports, & Statistics2

Footnotes

2. IBISWorld, “Beekeeping in New Zealand,” Industry Report (New Zealand: IBISWorld (access is by subscription only), March 2022), https://www.ibisworld.com/Link opens in new tab

Other analysis

Number of Māori businesses

Industry Data

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