May 18, 2024


The business lovers

India looks to expand honey exports to EU, Southeast Asia

Agricultural and Processed Meals Solutions Export Development Authority (APEDA) has been doing work with farmers and Point out governments to ensure a credible offer chain of honey for export to Europe and other nations.

“We are doing work in shut collaboration with the Point out governments, farmers and other stakeholders in the benefit chain to enhance exports to other nations and regions such as the Uk, European Union and South-East Asia,” said M Angamuthu, Chairman of APEDA. .

India is also renegotiating the responsibility construction imposed by numerous nations for boosting honey exports, he extra.

India exported 59,999 tonnes of natural honey worth ₹716 crore ($96.seventy seven million) in 2020-21, out of which the share of the US was 44,881 tonnes or seventy four.eight for every cent. Saudi Arabia, United Arab Emirates, Bangladesh and Canada are the other significant locations.

India’s location in global current market

While India’s honey export begun in 1996-97, it was at the ninth place in global trade in 2020 with seven.36 lakh tonnes (lt) exports , APEDA said in a assertion. India also ranks at eighth place in global honey production. China, Turkey, Canada, Argentina, Iran and US are significant honey producers and together lead 50 percent of the global output, estimated at seventeen.21 lt in 2019.

Angamuthu said APEDA has been facilitating honey producers in accessing export markets besides availing governing administration assistance beneath distinctive schemes, high-quality certification and lab testing.

Examine a lot more: Continue to aim on building infrastructure to enhance exports, says APEDA

The export marketing agency is also addressing problems like bigger freight value, minimal availability of containers in peak honey export year, bigger nuclear magnetic resonance test expenses and inadequate export incentives on precedence, he extra .

Honey exports have large opportunity adhering to its acceptance as an effective immunity booster and a healthier option to sugar, APEDA said in a assertion. The intake has gone up globally specifically following Covid pandemic, it extra . About 50 percent of the domestic production will get consumed internally when the remaining is exported.