To make honey, you need to put rare flowers inside the hive. Be careful, as honey spoils quickly

Only way I am aware of to make a bee hive is to destroy wild hive. Which will drop a queen bee (live). You then tame it with rare flowers and collect to your inventory as a hive.

The required items to craft a beehive is inaccurate (At least for mobile) to craft one, you’ll need: 200 thatch;(acquired from a tree), 50 chitin; (can be acquired by harvesting insects,) and 100 sap; (which can be acquired using a tamed archy or hourly rewards.)

Hopefully this helped you, have a good day/night!