Czech Republic: Manuka Market 2024

Manuka Market Size in the Czech Republic

The Czech manuka market shrank to $X in 2022, dropping by -5.1% against the previous year. The market value increased at an average annual rate of +5.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Manuka Production in the Czech Republic

In value terms, manuka production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 with an increase of 24% against the previous year. Manuka production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Manuka Exports

Exports from the Czech Republic

In 2022, approx. X tons of manuka were exported from the Czech Republic; picking up by 12% on the previous year's figure. Over the period under review, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 61% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, manuka exports reduced sharply to $X in 2022. In general, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of 41%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons), France (X tons) and Germany (X tons) were the main destinations of manuka exports from the Czech Republic, with a combined 93% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +39.1%), while shipments for the other leaders experienced a decline.

In value terms, Germany ($X), Slovakia ($X) and France ($X) appeared to be the largest markets for manuka exported from the Czech Republic worldwide, with a combined 89% share of total exports.

France, with a CAGR of +38.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average manuka export price amounted to $X per ton, declining by -30.2% against the previous year. In general, the export price, however, continues to indicate noticeable growth. The most prominent rate of growth was recorded in 2021 an increase of 35%. As a result, the export price attained the peak level of $X per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to France ($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 Sweden (+39.1%), while the prices for the other major destinations experienced more modest paces of growth.

Manuka Imports

Imports into the Czech Republic

Manuka imports into the Czech Republic rose modestly to X tons in 2022, picking up by 3.4% compared with the previous year's figure. In general, imports posted a resilient increase. The pace of growth appeared the most rapid in 2017 with an increase of 70%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, manuka imports amounted to $X in 2022. Overall, imports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Ukraine (X tons), Slovakia (X tons) and Argentina (X tons) were the main suppliers of manuka imports to the Czech Republic, with a combined 74% share of total imports. Germany, Cuba, Spain, Moldova, Uruguay, Romania and China lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the biggest increases were recorded for Cuba (with a CAGR of +4,446.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Slovakia ($X) and Argentina ($X) were the largest manuka suppliers to the Czech Republic, together accounting for 63% of total imports. Germany, Spain, Cuba, Uruguay, Moldova, Romania and China lagged somewhat behind, together comprising a further 25%.

Among the main suppliers, Cuba, with a CAGR of +3,169.3%, 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, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 7.9%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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