South Africa - Manuka - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

South Africa - Manuka - Market Analysis, Forecast, Size, Trends and Insights

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Manuka Price in South Africa - 2023

Contents:

  1. Manuka Price in South Africa (CIF) - 2022
  2. Manuka Price in South Africa (FOB) - 2023
  3. Manuka Imports in South Africa
  4. Manuka Exports in South Africa

Manuka Price in South Africa (CIF) - 2022

In 2022, the average manuka import price amounted to $1,181 per ton, declining by -1.9% against the previous year. Overall, the import price showed a slight slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 15%. The import price peaked at $1,604 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Zambia ($2,042 per ton), while the price for China ($983 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.0%), while the prices for the other major suppliers experienced a decline.

Manuka Price in South Africa (FOB) - 2023

The average manuka export price stood at $5,154 per ton in July 2023, waning by -6.5% against the previous month. In general, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 30% m-o-m. Over the period under review, the average export prices attained the peak figure at $6,150 per ton in August 2022; however, from September 2022 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Swaziland ($6,014 per ton), while the average price for exports to Zimbabwe ($1,775 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 Namibia (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Manuka Imports in South Africa

In 2022, after three years of growth, there was significant decline in purchases abroad of manuka, when their volume decreased by -60.2% to 2.6K tons. In general, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 17%.

In value terms, manuka imports declined sharply to $3.1M in 2022. Overall, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports reached the peak of $9.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Manuka in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.34.76.52.1-26.6%
Zambia1.71.70.90.7-25.6%
IndiaN/A0.10.30.10.0%
PolandN/A1.1N/AN/A0%
Others0.91.90.30.2-39.4%
Total7.99.68.03.1-26.8%

Top Suppliers of Manuka to South Africa in 2022:

  1. Poland (undefined tons)
  2. China (2142.3 tons)
  3. Zambia (322.4 tons)
  4. India (79.8 tons)

Manuka Exports in South Africa

In 2022, overseas shipments of manuka decreased by -39.2% to 405 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 17%.

In value terms, manuka exports dropped significantly to $2.2M in 2022. Overall, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. As a result, the exports reached the peak of $3.3M, and then fell significantly in the following year.

Export of Manuka in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana7776791,0489386.5%
Namibia6971,0591,026534-8.5%
Lesotho236288319214-3.2%
Swaziland13927128120313.5%
Mozambique98.91541691206.7%
Malawi91.299.091.354.7-15.7%
Sri Lanka12343.310450.2-25.8%
Others26011025458.5-39.2%
Total2,4222,7033,2912,173-3.6%

Top Export Markets for Manuka from South Africa in 2022:

  1. Botswana (160.4 tons)
  2. Namibia (102.2 tons)
  3. Lesotho (52.3 tons)
  4. Swaziland (33.1 tons)
  5. Mozambique (29.8 tons)
  6. Malawi (9.1 tons)
  7. Sri Lanka (8.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the manuka market in South Africa. 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:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • 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 - South Africa