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Italy - Manuka - Market Analysis, Forecast, Size, Trends and Insights
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View PricingManuka Price in Italy - 2023
Contents:
- Manuka Price in Italy (CIF) - 2023
- Manuka Price in Italy (FOB) - 2023
- Manuka Imports in Italy
- Manuka Exports in Italy
Manuka Price in Italy (CIF) - 2023
The average manuka import price stood at $3,502 per ton in July 2023, falling by -16.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 33% against the previous month. The import price peaked at $4,208 per ton in June 2023, and then fell significantly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6,133 per ton), while the price for China ($1,136 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Greece (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Manuka Price in Italy (FOB) - 2023
The average manuka export price stood at $5,223 per ton in July 2023, shrinking by -34.1% against the previous month. In general, the export price continues to indicate a slight reduction. The pace of growth appeared the most rapid in June 2023 an increase of 46% against the previous month. As a result, the export price reached the peak level of $7,924 per ton, and then declined significantly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($67,532 per ton), while the average price for exports to Ireland ($2,108 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.
Manuka Imports in Italy
Manuka imports into Italy expanded rapidly to 27K tons in 2022, surging by 14% against 2021. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, manuka imports shrank slightly to $106M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of $107M, leveling off in the following year.
Import of Manuka in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 29.9 | 35.0 | 41.3 | 36.9 | 7.3% |
Romania | 5.8 | 3.5 | 8.0 | 15.8 | 39.7% |
Spain | 7.6 | 5.6 | 10.1 | 7.9 | 1.3% |
Ukraine | 1.8 | 1.9 | 3.6 | 7.2 | 58.7% |
Poland | 3.1 | 3.1 | 4.9 | 5.6 | 21.8% |
Argentina | 5.0 | 4.6 | 1.5 | 4.8 | -1.4% |
Germany | 5.1 | 5.8 | 7.6 | 4.2 | -6.3% |
France | 3.6 | 4.5 | 4.3 | 3.8 | 1.8% |
Moldova | 2.9 | 1.2 | 2.8 | 3.5 | 6.5% |
Greece | 0.9 | 3.0 | 5.1 | 3.4 | 55.7% |
Slovenia | 0.1 | 0.3 | 2.5 | 1.9 | 166.8% |
China | 3.9 | 1.7 | 0.9 | 1.6 | -25.7% |
Turkey | N/A | N/A | 0.4 | 1.1 | 175.0% |
Others | 10.2 | 10.9 | 13.8 | 8.4 | -6.3% |
Total | 79.8 | 81.2 | 107 | 106 | 9.9% |
Top Suppliers of Manuka to Italy in 2022:
- Hungary (8.1K tons)
- Romania (3.7K tons)
- Ukraine (2.4K tons)
- Spain (2.2K tons)
- Poland (1.8K tons)
- Argentina (1.3K tons)
- China (1.0K tons)
- Greece (1.0K tons)
- Moldova (0.9K tons)
- Germany (0.8K tons)
- France (0.7K tons)
- Slovenia (0.7K tons)
- Turkey (0.6K tons)
Manuka Exports in Italy
In 2022, approx. 5.8K tons of manuka were exported from Italy; declining by -31.6% against the previous year's figure. Over the period under review, exports, however, recorded a notable increase. The pace of growth was the most pronounced in 2021 with an increase of 125%. As a result, the exports attained the peak of 8.5K tons, and then reduced markedly in the following year.
In value terms, manuka exports declined sharply to $28M in 2022. Overall, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, the exports reached the peak of $37M, and then shrank sharply in the following year.
Export of Manuka in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.1 | 6.7 | 7.6 | 5.3 | -13.2% |
France | 5.7 | 5.7 | 6.7 | 4.9 | -4.9% |
Ireland | 0.3 | 0.4 | 2.7 | 3.8 | 133.1% |
United Kingdom | 2.7 | 2.5 | 1.8 | 2.4 | -3.9% |
United States | 1.3 | 1.5 | 2.1 | 2.0 | 15.4% |
Switzerland | 0.9 | 1.2 | 1.3 | 1.2 | 10.1% |
Spain | 1.2 | 1.1 | 1.1 | 1.2 | 0.0% |
Netherlands | 1.5 | 1.1 | 1.2 | 1.1 | -9.8% |
Belgium | 1.2 | 0.5 | 0.8 | 0.8 | -12.6% |
Romania | 0.2 | N/A | 7.0 | 0.5 | 35.7% |
Finland | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
Others | 7.0 | 5.0 | 4.3 | 4.1 | -16.3% |
Total | 30.4 | 25.8 | 36.8 | 27.7 | -3.1% |
Top Export Markets for Manuka from Italy in 2022:
- Ireland (1745.0 tons)
- Germany (911.5 tons)
- France (765.5 tons)
- United Kingdom (433.6 tons)
- Spain (366.7 tons)
- Romania (250.0 tons)
- United States (235.8 tons)
- Belgium (148.1 tons)
- Finland (140.3 tons)
- Netherlands (139.0 tons)
- Switzerland (124.8 tons)
This report provides an in-depth analysis of the manuka market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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 Italy.
This report provides an in-depth analysis of the honey market in Italy.
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 Italy.
This report provides an in-depth analysis of the honey market in Italy.
This report provides an in-depth analysis of the global manuka market.
This report provides an in-depth analysis of the global honey market.
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