Norway: Manuka Market Overview 2021

Manuka Market Size in Norway

In 2020, the Norwegian manuka market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, saw a prominent increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Manuka Production in Norway

In value terms, manuka production amounted to $X in 2020 estimated in export prices. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, production reached the peak level of $X. from 2011 to 2020, production growth failed to regain the momentum.

Manuka Exports

Exports from Norway

In 2020, manuka exports from Norway surged to X tonnes, rising by X% compared with the previous year's figure. In general, exports saw a significant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, manuka exports surged to $X in 2020. Over the period under review, exports showed a prominent expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tonnes) was the main destination for manuka exports from Norway, with a X% share of total exports. Moreover, manuka exports to Sweden exceeded the volume sent to the second major destination, Germany (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Sweden amounted to +X%.

In value terms, Sweden ($X) remains the key foreign market for manuka exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Sweden totaled +X%.

Export Prices by Country

The average manuka export price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2013 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to Sweden stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany.

Manuka Imports

Imports into Norway

In 2020, the amount of manuka imported into Norway expanded notably to X tonnes, with an increase of X% compared with 2019. Over the period under review, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018; afterwards, it flattened through to 2020.

In value terms, manuka imports surged to $X in 2020. In general, imports enjoyed strong growth. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

Serbia (X tonnes), China (X tonnes) and Ethiopia (X tonnes) were the main suppliers of manuka imports to Norway, with a combined X% share of total imports. Zambia, Ukraine, Tanzania and Mexico lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest manuka suppliers to Norway were Serbia ($X), China ($X) and Ethiopia ($X), together accounting for X% of total imports. Zambia, Ukraine, Tanzania and Mexico lagged somewhat behind, together accounting for a further X terms of the main suppliers, Ukraine (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average manuka import price amounted to $X per tonne, growing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2018; afterwards, it flattened through to 2020.

Prices varied noticeably by the country of origin; the country with the highest price was Serbia ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform