Manuka Market Overview in Malaysia
The value of the manuka market in Malaysia dropped to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a resilient expansion. The growth pace was the most rapid in 2010 with an increase of % against the previous year. Manuka consumption peaked at $ in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.