Economic Sustainability Assessment of a Beekeeping Farm in Hungary

Abstract

In Hungary, beekeeping is a relatively small-scale sector within the livestock sector, but it is essential for maintaining biodiversity and rural employment. In order to provide ecosystem services such as pollination by honey bees, apiaries need to be economically sustainable, and it is therefore of strategic importance that beekeepers can continue their activities. Based on this, this article’s main objective is the economic analysis of Hungarian honey production, which enables the evaluation of the cost–benefit relationships, production volume and the efficiency of the operation. The authors’ analysis is based on a Hungarian apiary with 300 bee colonies, which also engages in migration and produces a significant amount of acacia honey. The model farm produces several types of honey due to migratory beekeeping, and its average yield reaches 60 kg/bee colony/year, which the authors calculated based on the average purchase prices in 2021. Based on the farm model, the analysis showed that 71 bee colonies and 4253 kg of honey production reached the profitability threshold.