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Spain - Manuka - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Spain - Manuka - Market Analysis, Forecast, Size, Trends and Insights

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Apr 22, 2023

Manuka Price in Spain Drops to $4,654 per Ton

Spain Manuka Export Price in January 2023

In January 2023, the manuka price amounted to $4,654 per ton (FOB, Spain), approximately equating the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 24% m-o-m. Over the period under review, the average export prices hit record highs at $4,987 per ton in September 2022; however, from October 2022 to January 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In January 2023, the country with the highest price was the Netherlands ($6,472 per ton), while the average price for exports to Croatia ($2,168 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYJan 2022Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023
Export Price of Manuka in Spain (USD per ton)
Netherlands4,5684,2577,0166,6537,5966,7347,1637,1585,9249,9186,8205,1796,472
Saudi Arabia6,2925,4435,8515,7096,0884,4085,9098,0536,4805,9275,7946,2266,108
United States6,5847,3105,7916,1226,3126,7746,37014,2137,2916,4276,0136,1286,077
Austria4,9706,2013,6674,2124,19232,9154,4234,0025,5695,7502,9204,9635,890
Switzerland3,3994,8624,6773,6255,1943,8247,5065,7575,0235,8747,3604,6885,567
Italy4,8932,3533,3291,9843,6811,2703,3444,0773,8143,0763,1074,8275,000
France4,9404,3904,4014,9725,0804,5834,7824,7305,3175,1265,4475,0374,624
Ireland3,2713,8394,4194,4654,1523,7594,7594,8234,4194,5354,6053,6994,429
Germany4,7794,9684,3604,4083,8643,9493,6524,2554,5163,4234,4363,1714,077
Portugal3,7913,7344,4203,3693,9824,2254,1244,2414,3814,2424,3353,9883,950
Israel3,2993,3733,3403,3813,4783,4693,636N/AN/A3,6993,5393,5713,606
Morocco3,6584,3704,5654,6622,7763,9615,1452,9117,2463,9892,5014,5483,429
Croatia2,1602,2172,9152,2132,8152,0062,4032,2592,3152,885N/A2,3722,168
Average4,7424,4564,3254,5234,6623,7544,6544,6114,9874,5804,6654,6884,654

Spain Manuka Exports

In January 2023, exports of manuka from Spain expanded sharply to 2.5K tons, surging by 12% on the previous month. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when exports increased by 78% against the previous month.

In value terms, manuka exports rose sharply to $12M (IndexBox estimates) in January 2023. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 with an increase of 93% month-to-month.

Spain Manuka Exports by Country

France (994 tons) was the main destination for manuka exports from Spain, accounting for a 40% share of total exports. Moreover, manuka exports to France exceeded the volume sent to the second major destination, Germany (384 tons), threefold. The third position in this ranking was held by Portugal (206 tons), with an 8.3% share.

From January 2022 to January 2023, the average monthly growth rate of volume to France amounted to +3.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-3.7% per month) and Portugal (+6.1% per month).

In value terms, France ($4.6M) remains the key foreign market for manuka exports from Spain, comprising 40% of total exports. The second position in the ranking was taken by Germany ($1.6M), with a 14% share of total exports. It was followed by Portugal, with a 7% share.

From January 2022 to January 2023, the average monthly growth rate of value to France stood at +3.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-4.9% per month) and Portugal (+6.4% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the manuka market in Spain. 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:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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