Croatia: Manuka Market 2024

Manuka Market Size in Croatia

In 2022, the Croatian manuka market increased by 4.2% to $X, rising for the second consecutive year after two years of decline. Overall, consumption recorded a relatively flat trend pattern. Manuka consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Manuka Production in Croatia

In value terms, manuka production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced contraction. The most prominent rate of growth was recorded in 2015 with an increase of 55%. Manuka production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Manuka Exports

Exports from Croatia

In 2022, shipments abroad of manuka increased by 17% to X tons, rising for the second year in a row after four years of decline. In general, exports showed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of 104%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, manuka exports expanded remarkably to $X in 2022. Overall, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2015 with an increase of 73% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Slovenia (X tons), Bosnia and Herzegovina (X tons) and Serbia (X tons) were the main destinations of manuka exports from Croatia, together accounting for 92% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +96.3%), while the other leaders experienced more modest paces of growth.

In value terms, Bosnia and Herzegovina ($X), Slovenia ($X) and the United States ($X) constituted the largest markets for manuka exported from Croatia worldwide, with a combined 86% share of total exports. Serbia, Germany and Italy lagged somewhat behind, together accounting for a further 6.2%.

Among the main countries of destination, Serbia, with a CAGR of +86.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average manuka export price amounted to $X per ton, with a decrease of -2.8% against the previous year. Over the period under review, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 9.5% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the average price for exports to Slovenia ($X 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 the United States (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.

Manuka Imports

Imports into Croatia

For the third year in a row, Croatia recorded growth in purchases abroad of manuka, which increased by 31% to X tons in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 161%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, manuka imports expanded remarkably to $X in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 109% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Spain (X tons), China (X tons) and Poland (X tons) were the main suppliers of manuka imports to Croatia, with a combined 74% share of total imports. Germany, Belgium and Ukraine lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +92.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest manuka suppliers to Croatia were Spain ($X), Poland ($X) and China ($X), together accounting for 70% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +68.0%, recorded the highest rates of growth with regard to the value of imports, 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 ton in 2022, shrinking by -13.2% against the previous year. Overall, the import price saw a perceptible reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 27% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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