MENA: Manuka Market 2024

Manuka Market Size in MENA

In 2022, the MENA's manuka market decreased by X% to $X, falling for the third year in a row after four years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Manuka Production in MENA

In value terms, manuka production declined to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Manuka Exports

Exports in MENA

In 2022, overseas shipments of manuka increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, manuka exports skyrocketed to $X in 2022. In general, exports showed a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

In 2022, Turkey (X tons) was the main exporter of manuka, committing X% of total exports. The United Arab Emirates (X tons) ranks second in terms of the total exports with an X% share, followed by Saudi Arabia (X%), Yemen (X%) and Egypt (X%). Iran (X tons) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the manuka exports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%), Yemen (X%) and Egypt (X%) displayed positive paces of growth. Iran experienced a relatively flat trend pattern. By contrast, Saudi Arabia (X%) illustrated a downward trend over the same period. Turkey (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Iran, Egypt and Saudi Arabia saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest manuka supplying countries in MENA were Turkey ($X), Saudi Arabia ($X) and Yemen ($X), with a combined X% share of total exports. The United Arab Emirates, Egypt and Iran lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Yemen ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced more modest paces of growth.

Manuka Imports

Imports in MENA

In 2022, manuka imports in MENA rose sharply to X tons, surging by X% against 2021 figures. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, manuka imports amounted to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Saudi Arabia represented the key importer of manuka in MENA, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by the United Arab Emirates (X tons) and Morocco (X tons), together mixing up a X% share of total imports. Yemen (X tons), Kuwait (X tons), Qatar (X tons), Oman (X tons), Israel (X tons), Jordan (X tons), Iraq (X tons) and Libya (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported manuka in MENA, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Saudi Arabia stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Kuwait (X% per year).

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per ton), while Libya ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Yemen (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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