We consider the hypergeometric translation operator associated to the Cherednik operators and the Heckman-Opdam theory attached to the root system of type $B_2$. We prove in this paper that these operators are positivity preserving and allow positive integral representations. In particular we deduce that the product formulas of the Opdam-Cherednik and the Heckman-Opdam kernels are positive integral transforms, and we obtain best estimates of these kernels. The method used to obtain the previous results shows that these results are also true in the case of the root system of type $C_2$.