Myanmar honey relies more on local market as pandemic impacts export market

A wooden frame with honeycomb is seen in the hands of a man on 21 July 2020. Photo : Zayyatu (Magway)
A wooden frame with honeycomb is seen in the hands of a man on 21 July 2020. Photo : Zayyatu (Magway)

Myanmar honey has to rely on the local market because there is no export market for Myanmar honey during COVID-19 period, according to the Apiculture Division in Magway Region.The honey price is on the decline and the entrepreneurs are facing losses. Although Japan, America, South Korea, China and Thailand markets demand Myanmar honey annually, the export market has recently stopped, however.
“There is no export market for Myanmar honey starting from March because of spreading of coronavirus around the world. So, the local businessmen have to rely on the domestic market. The honey price has also declined and the entrepreneurs are being faced with losses,” said U Soe Naing, the regional head of the Apiculture Division of Magway Region. Previously, the price of honey was K2,700 per viss. According to the current market price, the honey is sold for K2,000 per viss only.
“The honey businessmen will be happy with earning of K2,500 per viss because they have many other costs such as capital costs, transportation costs and labour charges. The honey production has also dropped by 50 per cent this year compared to that of last year because of drought,” said U Aung Min, a private honey businessman. Last year, Myanmar exported zee honey and sunflower honey weighing around 200-250 tonnes annually, according to the Apiculture Division in Magway Region.—Zayyatu (Magway) (Translated by Hay Mar)

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