Norway: Manuka Market Overview 2021

Manuka Market Size in Norway

In 2019, after three years of growth, there was significant decline in the Norwegian manuka market, when its value decreased by -X% to $X. Overall, consumption, however, posted buoyant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Manuka consumption peaked at $X in 2018, and then fell dramatically in the following year.

Manuka Production in Norway

In value terms, manuka production declined to $X in 2019 estimated in export prices. Overall, production showed a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Manuka production peaked at $X in 2010; however, from 2011 to 2019, production failed to regain the momentum.

Manuka Exports

Exports from Norway

In 2019, shipments abroad of manuka increased by X% to X tonnes, rising for the sixth consecutive year after three years of decline. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure in 2019 and are likely to see steady growth in years to come.

In value terms, manuka exports stood at $X in 2019. Overall, exports showed a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure in 2019 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, accounting for a X% share of total exports. Moreover, manuka exports to Sweden exceeded the volume sent to the second major destination, Italy (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Sweden amounted to +X%.

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

From 2007 to 2019, the average annual growth rate of value to Sweden amounted to +X%.

Export Prices by Country

In 2019, the average manuka export price amounted to $X per tonne, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per tonne), while the average price for exports to Italy totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden.

Manuka Imports

Imports into Norway

In 2019, approx. X tonnes of manuka were imported into Norway; waning by -X% against 2018 figures. Overall, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2018, and then contracted in the following year.

In value terms, manuka imports shrank markedly to $X in 2019. In general, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2012 when imports increased by X% against the previous year. Imports peaked at $X in 2018, and then reduced notably in the following year.

Imports by Country

Serbia (X tonnes), China (X tonnes) and Ukraine (X tonnes) were the main suppliers of manuka imports to Norway, together accounting for X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (+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, Denmark and Argentina lagged somewhat behind, together comprising a further X (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average manuka import price stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the last twelve years, 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. Over the period under review, average import prices attained the maximum at $X per tonne in 2018, and then reduced in the following year.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Zambia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for manuka in the world?

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The countries with the highest volumes of manuka consumption in 2019 were China (330K tonnes), the U.S. (252K tonnes) and Turkey (104K tonnes), together accounting for 36% of global consumption. Canada, Iran, Germany, Russia, Ethiopia, the UK, Japan, France, Spain and Mexico lagged somewhat behind, together comprising a further 30%.

What are the largest producers of manuka in the world?

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China (444K tonnes) remains the largest manuka producing country worldwide, comprising approx. 23% of total volume. Moreover, manuka production in China exceeded the figures recorded by the second-largest producer, Turkey (109K tonnes), fourfold. The third position in this ranking was occupied by Canada (80K tonnes), with a 4.2% share.

What are the leading suppliers of manuka to Norway?

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In value terms, Serbia ($2.7M), China ($1.5M) and Ethiopia ($526K) constituted the largest manuka suppliers to Norway, together comprising 67% of total imports. These countries were followed by Zambia, Ukraine, Denmark and Argentina, which together accounted for a further 18%.

What are the leading importers of manuka from Norway?

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In value terms, Sweden ($511K) remains the key foreign market for manuka exports from Norway, comprising 95% of total exports. The second position in the ranking was occupied by Italy ($24K), with a 4.4% share of total exports.

What is the average export price for manuka in Norway?

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In 2019, the average manuka export price amounted to $5,829 per tonne, remaining constant against the previous year.

What is the average import price for manuka in Norway?

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In 2019, the average manuka import price amounted to $4,799 per tonne, dropping by -6.8% against the previous year.