Nepal - Manuka - Market Analysis, Forecast, Size, Trends and Insights
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View PricingManuka Price in Nepal - 2022
Contents:
- Manuka Price in Nepal (CIF) - 2022
- Manuka Price in Nepal (FOB) - 2022
- Manuka Imports in Nepal
- Manuka Exports in Nepal
Manuka Price in Nepal (CIF) - 2022
The average manuka import price stood at $1,848 per ton in 2022, growing by 16% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $2,463 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -0.4% per year.
Manuka Price in Nepal (FOB) - 2022
The average manuka export price stood at $53,160 per ton in 2022, picking up by 836% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($113,857 per ton), while the average price for exports to Japan ($10,378 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 Australia (+59.8%), while the prices for the other major destinations experienced more modest paces of growth.
Manuka Imports in Nepal
In 2022, purchases abroad of manuka decreased by -31.6% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 66% against the previous year.
In value terms, manuka imports contracted markedly to $2M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 49%.
| Import of Manuka in Nepal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.3 | 1.9 | 2.4 | 2.0 | 15.4% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.3 | 1.9 | 2.5 | 2.0 | 15.4% |
Top Suppliers of Manuka to Nepal in 2022:
- India (1063.4 tons)
Manuka Exports in Nepal
In 2022, exports of manuka from Nepal declined significantly to 3.1 tons, which is down by -82.7% compared with 2021 figures. In general, exports showed a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 116% against the previous year. As a result, the exports attained the peak of 18 tons, and then shrank markedly in the following year.
In value terms, manuka exports surged to $166K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 247%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Manuka in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | 32.3 | 125 | 287.0% |
| United States | 0.5 | 5.4 | 10.5 | 23.5 | 260.9% |
| Japan | 1.0 | 2.6 | 7.3 | 17.7 | 160.6% |
| China | 7.3 | 7.8 | 11.0 | N/A | 22.8% |
| Malaysia | 1.5 | 1.3 | 1.4 | N/A | -3.4% |
| India | 17.6 | 7.8 | 33.9 | N/A | 38.8% |
| United Arab Emirates | 1.6 | 2.9 | 1.9 | N/A | 9.0% |
| Qatar | N/A | N/A | 1.5 | N/A | 0% |
| Others | 0.6 | 1.6 | 2.3 | N/A | 95.8% |
| Total | 30.1 | 29.4 | 102 | 166 | 76.7% |
Top Export Markets for Manuka from Nepal in 2022:
- Japan (1.7 tons)
- Australia (1.1 tons)
- United States (0.3 tons)
This report provides an in-depth analysis of the manuka market in Nepal. 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:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- 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
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This report provides an in-depth analysis of the manuka market in Nepal.
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This report provides an in-depth analysis of the manuka market in Nepal.
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