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Sugar production and exports in Honduras are expected to increase in MY 2025/26, driven by higher yields, expanded harvest areas, and greater investment.
Sugar production and exports are projected slightly up in marketing year (MY) 2025 (October 2024 to September 2025) because of the increase in productivity yields, harvested area, and additional investments made in the sugar sector and increased exports.
In 2023, the United States held a 29.1 percent share of the consumer-oriented food and beverage market in Honduras, a slight decrease of 1.3 percent from 2022.
In 2023, the value of U.S. tall oil exports to Finland and Sweden rose to nearly a quarter of a billion dollars. This is mainly due to a surge of the price of tall oil as the demand as feedstock for the production of advanced biofuels is increasing while the availability is limited.
Honduras has made no modifications to its existing regulatory framework regarding genetically engineered (GE) crops. As of October 2024, planted area of GE corn in Honduras has increased by 29 percent from the previous year, rising from 52,000 to 67,000 hectares. In 2024, the National Committee on Biotechnology and Biosecurity approved six events.
The National Plant, Animal Health and Food Safety Service (SENASA) is the regulatory agency in Honduras that is responsible for the inspection of all agricultural products that enter the country.
SENASA and ARSA have made significant progress in expediting import procedures with the introduction of online options for requesting import permits and sanitary authorizations of imported raw materials that provide immediate electronic delivery to ports of entry.
In 2023, Honduras’s consumer-oriented imports from the United States reached $553 million, making it the second-largest importer in Central America, after Guatemala.
The Finnish Government wants to reform its alcohol policy to promote fair and open competition. It is therefore proposing that the alcohol monopoly ALKO and Finnish food retailers can sell alcoholic beverages online and deliver to a location indicated by the buyer.
The total value of U.S. agricultural exports to Honduras in 2023 reached $1.3 billion, with a 39 percent (%) market share, and a 4 % decrease from the previous year.
Honduras coffee production is expected to reach 5.5 million 60-kilogram bags in marketing year 2023/24, a twenty-four percent decrease from the previous year.
Sugar production and exports are projected slightly up in marketing year (MY) 2025 (October 2024 to September 2025) because of the increase in productivity yields, harvested area, and additional investments made in the sugar sector and increased exports.