Italy - Manuka - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Italy - Manuka - Market Analysis, Forecast, Size, Trends and Insights

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Manuka Price in Italy - 2023

Contents:

  1. Manuka Price in Italy (CIF) - 2023
  2. Manuka Price in Italy (FOB) - 2023
  3. Manuka Imports in Italy
  4. Manuka Exports in Italy

Manuka Price in Italy (CIF) - 2023

The average manuka import price stood at $3,502 per ton in July 2023, falling by -16.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 33% against the previous month. The import price peaked at $4,208 per ton in June 2023, and then fell significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,133 per ton), while the price for China ($1,136 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Greece (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Manuka Price in Italy (FOB) - 2023

The average manuka export price stood at $5,223 per ton in July 2023, shrinking by -34.1% against the previous month. In general, the export price continues to indicate a slight reduction. The pace of growth appeared the most rapid in June 2023 an increase of 46% against the previous month. As a result, the export price reached the peak level of $7,924 per ton, and then declined significantly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Finland ($67,532 per ton), while the average price for exports to Ireland ($2,108 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Manuka Imports in Italy

Manuka imports into Italy expanded rapidly to 27K tons in 2022, surging by 14% against 2021. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, manuka imports shrank slightly to $106M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of $107M, leveling off in the following year.

Import of Manuka in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary29.935.041.336.97.3%
Romania5.83.58.015.839.7%
Spain7.65.610.17.91.3%
Ukraine1.81.93.67.258.7%
Poland3.13.14.95.621.8%
Argentina5.04.61.54.8-1.4%
Germany5.15.87.64.2-6.3%
France3.64.54.33.81.8%
Moldova2.91.22.83.56.5%
Greece0.93.05.13.455.7%
Slovenia0.10.32.51.9166.8%
China3.91.70.91.6-25.7%
TurkeyN/AN/A0.41.1175.0%
Others10.210.913.88.4-6.3%
Total79.881.21071069.9%

Top Suppliers of Manuka to Italy in 2022:

  1. Hungary (8.1K tons)
  2. Romania (3.7K tons)
  3. Ukraine (2.4K tons)
  4. Spain (2.2K tons)
  5. Poland (1.8K tons)
  6. Argentina (1.3K tons)
  7. China (1.0K tons)
  8. Greece (1.0K tons)
  9. Moldova (0.9K tons)
  10. Germany (0.8K tons)
  11. France (0.7K tons)
  12. Slovenia (0.7K tons)
  13. Turkey (0.6K tons)

Manuka Exports in Italy

In 2022, approx. 5.8K tons of manuka were exported from Italy; declining by -31.6% against the previous year's figure. Over the period under review, exports, however, recorded a notable increase. The pace of growth was the most pronounced in 2021 with an increase of 125%. As a result, the exports attained the peak of 8.5K tons, and then reduced markedly in the following year.

In value terms, manuka exports declined sharply to $28M in 2022. Overall, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of $37M, and then shrank sharply in the following year.

Export of Manuka in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.16.77.65.3-13.2%
France5.75.76.74.9-4.9%
Ireland0.30.42.73.8133.1%
United Kingdom2.72.51.82.4-3.9%
United States1.31.52.12.015.4%
Switzerland0.91.21.31.210.1%
Spain1.21.11.11.20.0%
Netherlands1.51.11.21.1-9.8%
Belgium1.20.50.80.8-12.6%
Romania0.2N/A7.00.535.7%
FinlandN/A0.10.20.4100.0%
Others7.05.04.34.1-16.3%
Total30.425.836.827.7-3.1%

Top Export Markets for Manuka from Italy in 2022:

  1. Ireland (1745.0 tons)
  2. Germany (911.5 tons)
  3. France (765.5 tons)
  4. United Kingdom (433.6 tons)
  5. Spain (366.7 tons)
  6. Romania (250.0 tons)
  7. United States (235.8 tons)
  8. Belgium (148.1 tons)
  9. Finland (140.3 tons)
  10. Netherlands (139.0 tons)
  11. Switzerland (124.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the manuka market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1182 - Honey

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Manuka - Italy