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Beekeeping For Profit: 5 Ways To Make BIG Money Beekeeping

Beekeeping For Profit: 5 Ways To Make BIG Money Beekeeping

Some people get into beekeeping just for the fun of it.  While others are into beekeeping for profit.  Honey, beeswax, pollen, and propolis can be harvested from beehives and sold.  So, how profitable is beekeeping? This posts looks to explore what to expect when embarking on a commercial beekeeping project with an expectation of profit

Beekeeping as a project has many risks, there are no shortcuts. There are no assurances of colonization. Therefore if you are you considering Beekeeping commercially, be sure that this is a long-term investment for it to be more feasible

However as compared to other agricultural ventures, the costs associated to having/maintaining a hive are few, consuming less time & effort as compared to let’s say having a cow for milk production

COSTS

Your start up costs will vary depending on how many hives you keep.

There is some investment that must be made in the beginning. Beehives, protective clothing, and extraction equipment/tools will be required.  The best type of beehive to use for profit is the Langstroth hive (click link to view our langstroth hive).  That’s because they yield the highest amount of honey

Other variables once you set up would include, cost of bees if you decide to not wait on nature, transport, inspection/hive management cost for labor if outsourced, method of honey refinement dictates which equipment to purchase as well (If you have a lot of hives you’ll probably want to use a honey extractor to harvest honey).  Honey extractors work much faster than the crush and strain method with a honey/wax press). Other costs you need to consider are, supplies for selling your newly refined batch of honey, such as jars and labels

PROFIT

Now that start up costs are out of the way, let’s discuss how profitable beekeeping really is.  We will do this by looking at the profit per hive

NOTE: Keep in mind that you likely won’t harvest honey the first few months.  A new bee colony takes some time to get established and to produce excess honey.  The amount of honey a colony produces can also vary year to year depending on the weather, nectar flow in your area, and the health of the colony

To have a clear understanding of the costs & profits. Download our cost analysis PDF HERE for free. It shows cost figures for setting up beehives structures for 1, 5 & 10 beehives and all profits that can be generated from the beehives

Now lets look at some of the products you can get from a beehive that can be sold at a profit

Honey

A strong, healthy colony can produce 8kg-15kg of honey in a harvest. However, that’s when all the conditions are just right.  Raw honey, that’s not refined usually sells for between ksh450-ksh550 per kg

Natural, local honey can sell for much more than the stuff in our local supermarkets.  It depends on your location, but it’s safe to say that you can charge ksh700-ksh1000 per kg

Beeswax

Beeswax is another product created by bees that can be harvested and sold. It has a lot of uses such as cosmetics, skin care, crafts, furniture polish, health products, and more.

You can make beeswax products like candles yourself to sell, or you can process and sell the beeswax as is at approximately Kshs 700 per KG. wax can also be re-used by a beekeeper for the beehives, if not sold

Pollen

Two other things that can be harvested from beehives are pollen and propolis. Bees collect pollen from flowers and bring them back to the hive. If you install a pollen trap on your hive you can harvest and sell pollen.  Used as a health supplement, pollen usually sells for 3500-4500 per kg.

Propolis

Propolis is a resin like substance made by bees to fill holes and cracks in the hive.  Like pollen, propolis is a health supplement that is harvested by using a propolis trap.  Propolis chunks are sold for ksh800 per gram, while propolis extract sells for ksh2000 per gram

Pollination & colonies for profit

Other beekeepers practice migratory beekeeping, in which they travel around the country pollinating various crops. The cost of renting bees for pollination varies depending on the season and area, but in general, farmers will pay around Kshs1500 per hive for a few weeks.

Another way to make some profit from beekeeping is the sale of colonies to other beekeepers who maybe just got new hives and require a colony. A colony usually goes anywhere between ksh4500 and ksh7500 for stingless bees, depending on season. Stingless bees are generally for pollination will be slightly more expensive than the regular stinging bees in Kenya

For a detailed cost benefit analysis, download our guide for financials showing you the costs and profits to expect from a 10 beehive venture HERE

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