The export value of Manuka honey totaled $447 million in 2022, 13% down from the 2021 peaks.
The United States was the largest importer of New Zealand honey by retail pack and the United Kingdon was the largest importer of bulk drums.
The recently signed UK FTA will remove $16 duty for every $100 worth of honey NZ exporters currently pay.
The high level of enzymes present in New Zealand Manuka honey that are a key ingredient in the Unique Manuka Factor (UMF) – a global standard for measuring the antibacterial strength of Manuka.
MyFarm offers investments in the development of Manuka forests through a share farming agreement with Comvita. Under the agreement, Comvita supplies its new generation Manuka varieties, manages plantation development and provides apiary services. Investors receive an initial lease payment followed by a share of honey revenue as the plantation starts producing.
Gross asset value