Whisk honey powder and water together in a small saucepan.
Bring mixture to a boil, stirring to make sure honey powder dissolves, and cook for 1 to 2 min.
Remove from heat and add hibiscus and lavender.
Cover and allow mixture to steep until room temperature, about 20 min.
Strain and store in a sealed container in the refrigerator.
Use within 2 weeks.