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United Kingdom - Manuka - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Manuka Market Overview 2021

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Manuka Market Size in the UK

In 2019, the UK manuka market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Manuka consumption peaked at $X in 2018, and then contracted remarkably in the following year.

Manuka Production in the UK

In value terms, manuka production reduced to $X in 2019 estimated in export prices. Over the period under review, the total production indicated a notable increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X, and then reduced in the following year.

Manuka Exports

Exports from the UK

In 2019, shipments abroad of manuka increased by X% to X tonnes, rising for the sixth year in a row after two years of decline. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the immediate term.

In value terms, manuka exports fell to $X in 2019. Over the period under review, exports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2018, and then shrank in the following year.

Exports by Country

Ireland (X tonnes) was the main destination for manuka exports from the UK, with a X% share of total exports. Moreover, manuka exports to Ireland exceeded the volume sent to the second major destination, the Netherlands (X tonnes), sevenfold. The third position in this ranking was occupied by Spain (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Ireland amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Spain (+X% per year).

In value terms, Ireland ($X) remains the key foreign market for manuka exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Ireland totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Romania (+X% per year).

Export Prices by Country

The average manuka export price stood at $X per tonne in 2019, declining by -X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Romania ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Manuka Imports

Imports into the UK

In 2019, after two years of growth, there was significant decline in supplies from abroad of manuka, when their volume decreased by -X% to X tonnes. Overall, total imports indicated notable growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2012 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tonnes, and then reduced in the following year.

In value terms, manuka imports dropped markedly to $X in 2019. In general, total imports indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Imports peaked at $X in 2018, and then fell rapidly in the following year.

Imports by Country

In 2019, China (X tonnes) constituted the largest manuka supplier to the UK, accounting for a X% share of total imports. Moreover, manuka imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X tonnes), tenfold. The third position in this ranking was occupied by New Zealand (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-X% per year) and New Zealand (-X% per year).

In value terms, China ($X), New Zealand ($X) and Mexico ($X) constituted the largest manuka suppliers to the UK, together comprising X% of total imports. Germany, Poland and Ireland lagged somewhat behind, together accounting for a further X saw the highest growth rate of the value of imports, among 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 period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by New Zealand, 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?
+
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. These countries were followed by Canada, Iran, Germany, Russia, Ethiopia, the UK, Japan, France, Spain and Mexico, which together accounted for a further 30%.
What are the largest producers of manuka in the world?
+
The country with the largest volume of manuka production was China (444K tonnes), accounting for 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 the UK?
+
In value terms, the largest manuka suppliers to the UK were China ($46M), New Zealand ($37M) and Mexico ($9.1M), with a combined 70% share of total imports. These countries were followed by Germany, Poland and Ireland, which together accounted for a further 12%.
What are the leading importers of manuka from the UK?
+
In value terms, Ireland ($10M) remains the key foreign market for manuka exports from the UK, comprising 44% of total exports. The second position in the ranking was occupied by the Netherlands ($2M), with a 8.6% share of total exports. It was followed by Romania, with a 7.9% share.
What is the average export price for manuka in the UK?
+
The average manuka export price stood at $4,752 per tonne in 2019, waning by -10.2% against the previous year.
What is the average import price for manuka in the UK?
+
In 2019, the average manuka import price amounted to $2,777 per tonne, which is down by -13.5% against the previous year.

Product coverage:
• FCL 1182 - Honey

This report provides an in-depth analysis of the manuka market in the UK. 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 2025.


Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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