Finland - Manuka - Market Analysis, Forecast, Size, Trends and Insights
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View PricingManuka Price in Finland - 2023
Contents:
- Manuka Price in Finland (CIF) - 2023
- Manuka Price in Finland (FOB) - 2022
- Manuka Imports in Finland
- Manuka Exports in Finland
Manuka Price in Finland (CIF) - 2023
In June 2023, the average manuka import price amounted to $5,801 per ton, remaining constant against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 14% against the previous month. The import price peaked at $5,925 per ton in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Germany ($6,289 per ton) and Estonia ($6,282 per ton), while the price for Spain ($4,403 per ton) and Belgium ($4,939 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Manuka Price in Finland (FOB) - 2022
The average manuka export price stood at $10,335 per ton in 2022, falling by -13.9% against the previous year. In general, the export price, however, enjoyed a notable expansion. The pace of growth appeared the most rapid in 2016 an increase of 36%. Over the period under review, the average export prices attained the peak figure at $12,008 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($28,385 per ton), while the average price for exports to Estonia ($5,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Manuka Imports in Finland
Manuka imports into Finland dropped slightly to 2K tons in 2022, which is down by -2.6% compared with the year before. Over the period under review, imports recorded a perceptible setback. The pace of growth appeared the most rapid in 2021 when imports increased by 7.1%.
In value terms, manuka imports fell to $9.4M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 8.9%. As a result, imports attained the peak of $10M, and then declined in the following year.
Import of Manuka in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.8 | 3.5 | 4.6 | 4.0 | 1.7% |
Denmark | 2.0 | 1.9 | 1.8 | 1.2 | -15.7% |
Belgium | 1.2 | 1.1 | 0.8 | 1.1 | -2.9% |
Argentina | 0.9 | 1.0 | 1.0 | 1.1 | 6.9% |
France | 0.1 | 0.3 | 0.5 | 0.5 | 71.0% |
Italy | 0.2 | N/A | 0.2 | 0.4 | 26.0% |
Ukraine | N/A | 0.3 | 0.3 | 0.3 | 0.0% |
Spain | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Others | 0.5 | 1.1 | 0.9 | 0.7 | 11.9% |
Total | 8.8 | 9.3 | 10.2 | 9.4 | 2.2% |
Top Suppliers of Manuka to Finland in 2022:
- Germany (1052.0 tons)
- Denmark (214.3 tons)
- Argentina (201.6 tons)
- Belgium (184.6 tons)
- Italy (104.1 tons)
- France (97.8 tons)
- Ukraine (41.6 tons)
- Spain (22.0 tons)
Manuka Exports in Finland
For the fourth year in a row, Finland recorded growth in overseas shipments of manuka, which increased by 55% to 12 tons in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, manuka exports skyrocketed to $119K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 54% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Manuka in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 1.3 | N/A | 1.3 | 49.5 | 236.4% |
Estonia | 30.0 | 29.9 | 20.4 | 24.4 | -6.7% |
Japan | 10.7 | 9.2 | 13.4 | 12.3 | 4.8% |
China | N/A | 4.0 | 0.2 | 11.4 | 68.8% |
Sweden | N/A | N/A | 1.9 | 6.3 | 231.6% |
Russia | 0.1 | 0.7 | 13.2 | 4.6 | 258.3% |
United States | N/A | 0.1 | 0.2 | 2.0 | 347.2% |
Others | 3.2 | 25.9 | 38.7 | 8.6 | 39.0% |
Total | 45.3 | 69.8 | 89.4 | 119 | 38.0% |
Top Export Markets for Manuka from Finland in 2022:
- Estonia (4.9 tons)
- Hong Kong SAR (4.0 tons)
- Japan (0.8 tons)
- Russia (0.6 tons)
- China (0.5 tons)
- United States (0.2 tons)
- Sweden (0.2 tons)
This report provides an in-depth analysis of the manuka market in Finland. 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.
Product coverage:
- FCL 1182 - Honey
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the manuka market in Finland.
This report provides an in-depth analysis of the honey market in Finland.
This report provides an in-depth analysis of the global manuka market.
This report provides an in-depth analysis of the global honey market.
This report provides an in-depth analysis of the manuka market in Finland.
This report provides an in-depth analysis of the honey market in Finland.
This report provides an in-depth analysis of the global manuka market.
This report provides an in-depth analysis of the global honey market.
Explore the top import markets for Manuka honey and discover key statistics and market trends. Find out which countries are leading in the import value of Manuka honey.
The value of total imports on the global manuka market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, manuka imports reached X tons in 2015, an increase of X tons
The global manuka honey market earned total revenues of X million USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015.
In 2016, the market value of honey totaled $X. A slight drop in 2009 was followed by a sharp increase over the period from 2010-2013. However, the market value declined over the next two years, which was then followed by a recovery in 2016. Equall
Global honey consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global honey imports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
In 2015 the global honey market value totaled X million USD. A slight drop in 2009 was followed by a sharp increase in 2010-2011.
Global honey market production was estimated at X million USD in 2015, which was X million USD (or X%) below the peak production level of 2013.
The value of total imports on the global honey market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of honey reached X thousand tons in 2015, which was X tho
In 2015, the global market value of honey totaled X million USD. A slight drop in 2009 was followed by a sharp increase in 2010-2011. The next four years were characterized by mixed dynamics. In physical terms, the market showed gradual increase ov