Manuka Market in Qatar
Market Overview
The Qatari manuka market amounted to $
in , therefore, remained relatively stable 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). Over the period under review, consumption, however, posted buoyant growth. Over the period under review, the market reached the maximum level at $ in ; however, from to , consumption failed to regain momentum.
in , therefore, remained relatively stable 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). Over the period under review, consumption, however, posted buoyant growth. Over the period under review, the market reached the maximum level at $ in ; however, from to , consumption failed to regain momentum.Consumption
In , consumption of manuka decreased by -% to tons, falling for the second year in a row after two years of growth. Overall, consumption, however, showed a resilient expansion. Manuka consumption peaked at tons in ; however, from to , consumption stood at a somewhat lower figure.
The size of the manuka market in Qatar amounted to $ in , approximately mirroring 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). Over the period under review, consumption, however, recorded a prominent increase. Over the period under review, the market reached the peak level at $ in ; however, from to , consumption failed to regain momentum.
, consumption of manuka decreased by -% to tons, falling for the second year in a row after two years of growth. Overall, consumption, however, showed a resilient expansion. Manuka consumption peaked at tons in ; however, from to , consumption stood at a somewhat lower figure.The size of the manuka market in Qatar amounted to $
in , approximately mirroring 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). Over the period under review, consumption, however, recorded a prominent increase. Over the period under review, the market reached the peak level at $ in ; however, from to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for manuka in Qatar, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Manuka market in Qatar consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Qatar remains a net importer of manuka; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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