UKRAINIAN HONEY FORECAST COMPLETE ABOLITION OF DUTIES IN EU

Due to the cold spring and the rainy beginning of summer, the bees did not get enough honey from acacia and linden by 40-50%.

Harry Remfert, co-founder / founder of the Honey Exchange, told about this in a comment for AgroPortal.ua.

 According to him, there was a negative factor in the reduced flowering time of sunflower: instead of 3-4 weeks, it lasted 5-7 days (varieties are selected so that the ripening of seeds took place in a short time).
 "But heavy rainfall in the summer (at this time more nectar is released), the warm season, which continues, will allow in September to get an additional collection of honey, as expected, eliminates the negative picture of the collection," - said the expert.  He also draws attention to the growing consumption of honey. One reason for this is the COVID-19 pandemic, which has prompted consumers to pay attention to their health and change their eating habits to good ones.  "Moreover, the largest player in the EU market - China - is now" clamped ", which leads to a natural rise in prices," he added. 
 If the forecast of collection is justified, the price of honey will fall due to market saturation.  "However, elite varieties, we think, will keep the price, because the demand for them is always high, and supply in the Ukrainian market - is limited," - said the founder of the Honey Exchange.  In the production of packaged honey, the expert notes a significant increase in demand. Moreover, production and packaging in Ukraine is much cheaper. Therefore, the volume of production of honey, bee products will grow unambiguously, he explains. 
 When asked about the possible revision of quotas for the export of Ukrainian honey to EU countries, Harry Remfert said that it is quite real.  "And given the position of Chinese products in the EU market, this is quite real in the near future. If we make a forecast further, the quotas will be increased until the full exemption from customs duties of honey from Ukraine ", - shared the founder of the Honey Exchange.