In the U.S. in 2023, the average price of honey was about 252 U.S. cents per pound, decreasing slightly from 2022. The cost of honey since 2010 generally increased and reached its highest in 2017.
Sales and production of honey
Honey is used globally for various reasons, some of the most common and important uses are as a raw sweetener, anti-inflammatory, and antioxidant. In 2022, it was revealed that conventional grocery stores had the largest honey sales share in the U.S. at over 30 percent, while the other channels stood below 20 percent. The production volume of honey was just over 130 million pounds in 2023; the volume has gradually decreased since 2010 but was highest in 2014.
Honey stocks and production value
The honey stock values have fluctuated across the country over the past few years; however, South Dakota took the first position for the largest honey stocks in the U.S., with approximately 12.5 million pounds. The value of honey production shows positive signs of increasing; despite the value mildly shifting each year, it has grown vastly since 2003, with the value being around 252.05 million U.S. dollars to 2023 where the value is equivalent to about 349.2 million U.S. dollars.
Average prices of honey in the United States from 2010 to 2023 (in U.S. cents per pound)*
Characteristic
Prices in U.S. cents per pound
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US Department of Agriculture. (March 15, 2024). Average prices of honey in the United States from 2010 to 2023 (in U.S. cents per pound)* [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/593611/us-average-prices-honey/
US Department of Agriculture. "Average prices of honey in the United States from 2010 to 2023 (in U.S. cents per pound)*." Chart. March 15, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/593611/us-average-prices-honey/
US Department of Agriculture. (2024). Average prices of honey in the United States from 2010 to 2023 (in U.S. cents per pound)*. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/593611/us-average-prices-honey/
US Department of Agriculture. "Average Prices of Honey in The United States from 2010 to 2023 (in U.S. Cents per Pound)*." Statista, Statista Inc., 15 Mar 2024, https://www.statista.com/statistics/593611/us-average-prices-honey/
US Department of Agriculture, Average prices of honey in the United States from 2010 to 2023 (in U.S. cents per pound)* Statista, https://www.statista.com/statistics/593611/us-average-prices-honey/ (last visited August 24, 2024)
Average prices of honey in the United States from 2010 to 2023 (in U.S. cents per pound)* [Graph], US Department of Agriculture, March 15, 2024. [Online]. Available: https://www.statista.com/statistics/593611/us-average-prices-honey/