
World - Manuka - Market Analysis, Forecast, Size, Trends and Insights
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Global Manuka Market 2022
Manuka Market Size
The global manuka market totaled $X in 2021, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. Over the period under review, the global market hit record highs at $X in 2018; afterwards, it flattened through to 2021.
Manuka Production
In value terms, manuka production contracted modestly to $X in 2021 estimated in export prices. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Global production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.
Production By Country
The country with the largest volume of manuka production was China (X tonnes), comprising approx. X% of total volume. Moreover, manuka production in China exceeded the figures recorded by the second-largest producer, Turkey (X tonnes), fourfold. Ukraine (X tonnes) ranked third in terms of total production with a X% share.
From 2012 to 2021, the average annual growth rate of volume in China was relatively modest. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Ukraine (+X% per year).
Manuka Exports
Exports
In 2021, global manuka exports shrank modestly to X tonnes, approximately mirroring 2020. The total export volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by X% year-to-year. As a result, the exports reached the peak of X tonnes, leveling off in the following year.
In value terms, manuka exports rose notably to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by X% year-to-year. The global exports peaked in 2021 and are expected to retain growth in years to come.
Exports by Country
In 2021, China (X tonnes), distantly followed by India (X tonnes), Argentina (X tonnes), Ukraine (X tonnes), Vietnam (X tonnes) and Brazil (X tonnes) represented the major exporters of manuka, together constituting X% of total exports. The following exporters - Germany (X tonnes), Spain (X tonnes), Mexico (X tonnes), Belgium (X tonnes), Poland (X tonnes), Hungary (X tonnes) and Uruguay (X tonnes) - together made up X% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Ukraine (+X%), while the other global leaders experienced more modest paces of growth.
In value terms, the largest manuka supplying countries worldwide were China ($X), Brazil ($X) and Argentina ($X), with a combined X% share of global exports. Germany, Ukraine, India, Spain, Mexico, Hungary, Belgium, Vietnam, Poland and Uruguay lagged somewhat behind, together comprising a further X terms of the main exporting countries, Ukraine, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average manuka export price amounted to $X per tonne, rising by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The global export price peaked at $X per tonne in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per tonne), while Vietnam ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+X%), while the other global leaders experienced more modest paces of growth.
Manuka Imports
Imports
In 2021, purchases abroad of manuka increased by X% to X tonnes, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X% y-o-y. Over the period under review, global imports attained the peak figure in 2021 and are likely to continue growth in the near future.
In value terms, manuka imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Global imports peaked in 2021 and are likely to see steady growth in the immediate term.
Imports by Country
The United States represented the key importing country with an import of about X tonnes, which reached X% of total imports. Germany (X tonnes) ranks second in terms of the total imports with a X% share, followed by Japan (X%), the UK (X%) and Poland (X%). Spain (X tonnes), Belgium (X tonnes), France (X tonnes), Italy (X tonnes), Saudi Arabia (X tonnes) and the Netherlands (X tonnes) followed a long way behind the leaders.
Imports into the United States increased at an average annual rate of +X% from 2012 to 2021. At the same time, Poland (+X%), Italy (+X%), Belgium (+X%), Spain (+X%), the UK (+X%), the Netherlands (+X%), Japan (+X%), Saudi Arabia (+X%) and France (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. By contrast, Germany (-X%) illustrated a downward trend over the same period. While the share of the United States (+X p.p.) and Poland (+X p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Germany (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported manuka worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Japan, with a X% share.
From 2012 to 2021, the average annual growth rate of value in the United States totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Japan (+X% per year).
Import Prices by Country
In 2021, the average manuka import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Global import price peaked at $X per tonne in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Italy ($X per tonne), while Poland ($X per tonne) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+X%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tonnes |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global manuka market. 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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