Ukraine: Manuka Market 2024

Manuka Market Size in Ukraine

In 2022, after three years of decline, there was significant growth in the Ukrainian manuka market, when its value increased by X% to $X. Overall, consumption, however, continues to indicate a abrupt slump. Manuka consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Manuka Production in Ukraine

In value terms, manuka production declined slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Manuka production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Manuka Exports

Exports from Ukraine

In 2022, shipments abroad of manuka decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, manuka exports contracted modestly to $X in 2022. In general, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted slightly in the following year.

Exports by Country

Germany (X tons), Poland (X tons) and France (X tons) were the main destinations of manuka exports from Ukraine, together accounting for X% of total exports. The United States, Italy, the Czech Republic, Spain, Belgium, Lithuania, Hungary, Slovakia, Bulgaria and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and France ($X) were the largest markets for manuka exported from Ukraine worldwide, together accounting for X% of total exports.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average manuka export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price 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, manuka export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Denmark ($X per ton), while the average price for exports to Lithuania ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Manuka Imports

Imports into Ukraine

Manuka imports into Ukraine skyrocketed to X tons in 2022, picking up by X% compared with 2021. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, manuka imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of manuka to Ukraine, accounting for a X% share of total imports. Moreover, manuka imports from the UK exceeded the figures recorded by the second-largest supplier, Poland (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Italy (X% per year).

In value terms, the UK ($X) constituted the largest supplier of manuka to Ukraine, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average manuka import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($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 Czech Republic (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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