Illegal honey factories in Bosnia and Herzegovina produce up to 1,000 tonnes of fake honey each year. The counterfeiters sell the counterfeit honey to producers for $6.50 (€5) per kilogram, according to the president of the Beekeepers Association.
Genuine honey costs up between $9.82 to $13 (€7.5 to €10) per kilo.
Worldwide, counterfeit foods creates up to $40 Billion in market losses.
Source: Mladen Dragojlovic, “Counterfeit foods, other products threaten BiH market,” SE Times, June 21, 2013.