Asia - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAsia's Market for Tea Extracts, Essences, and Concentrates Has Skyrocketed Over the Past Five Years
IndexBox has just published a new report: 'Asia - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
The market for tea extracts, essences and concentrates in Asia rose by 10% and reached $2.8B in 2018. The market size increased at an average annual rate of +10.3% from 2014 to 2018. The level of extracts of tea consumption peaked in 2018 and is likely to see steady growth in the immediate term.
Exports in Asia
In 2018, the exports of extracts, essences and concentrates of tea or mate in Asia stood at 51K tons, rising by 7.6% against the previous year.
In value terms, extracts of tea exports amounted to $335M (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +4.3% over the period from 2014 to 2018; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by 14% y-o-y. In that year, extracts of tea exports reached their peak and are likely to continue its growth in the immediate term.
Exports by Country
In 2018, China (13K tons), distantly followed by Malaysia (8.3K tons), India (7.8K tons), Thailand (5.8K tons), Taiwan, Chinese (4.2K tons), Sri Lanka (2.9K tons) and South Korea (2.5K tons) represented the main exporters of extracts, essences and concentrates of tea or mate, together making up 86% of total exports.
From 2014 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Korea, while exports for the other leaders experienced more modest paces of growth.
In value terms, China ($137M) remains the largest extracts of tea supplier in Asia, comprising 41% of total extracts of tea exports. The second position in the ranking was occupied by India ($53M), with a 16% share of total exports. It was followed by Malaysia, with a 9% share.
Export Prices by Country
In 2018, the extracts of tea export price in Asia amounted to $6,536 per ton, jumping by 6% against the previous year.
Prices varied noticeably by the country of origin; the country with the highest price was China ($10,864 per ton), while Taiwan, Chinese ($2,746 per ton) was amongst the lowest.
From 2014 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.
Imports in Asia
The imports stood at 42K tons in 2018, increasing by 4.1% against the previous year. In value terms, extracts of tea imports amounted to $315M (IndexBox estimates) in 2018. The total imports indicated a strong expansion from 2014 to 2018: its value increased at an average annual rate of +4.9% over the last five-year period.
Imports by Country
The Philippines (4.9K tons), China, Hong Kong SAR (3.8K tons), Indonesia (3.2K tons), Singapore (3K tons), Japan (3K tons), the United Arab Emirates (2.6K tons), Kazakhstan (2.1K tons), Malaysia (1.8K tons), Turkey (1.7K tons), Myanmar (1.6K tons), Taiwan, Chinese (1.6K tons) and South Korea (1.6K tons) represented roughly 73% of total imports of extracts, essences and concentrates of tea or mate in 2018.
From 2014 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey, while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest extracts of tea importing markets in Asia were Hong Kong ($34M), Japan ($29M) and Turkey ($24M), with a combined 28% share of total imports.
Import Prices by Country
The extracts of tea import price in Asia stood at $7,413 per ton in 2018, going up by 2.3% against the previous year.
Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($13,953 per ton), while the Philippines ($3,442 per ton) was amongst the lowest.
From 2014 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the extracts of tea market in Asia. 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:
- Prodcom 10831400 - Extracts, essences and concentrates of tea or mate, and preparations with a basis of these extracts, essences or concentrates, or with a basis of tea or mate
Country coverage:
- Afghanistan
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Cyprus
- Democratic People's Republic of Korea
- Georgia
- Hong Kong SAR
- India
- Indonesia
- Iran
- Iraq
- Israel
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Kyrgyzstan
- Lao People's Democratic Republic
- Lebanon
- Macao SAR
- Malaysia
- Maldives
- Mongolia
- Myanmar
- Nepal
- Oman
- Pakistan
- Palestine
- Philippines
- Qatar
- Saudi Arabia
- Singapore
- South Korea
- Sri Lanka
- Syrian Arab Republic
- Taiwan (Chinese)
- Tajikistan
- Thailand
- Timor-Leste
- Turkey
- Turkmenistan
- United Arab Emirates
- Uzbekistan
- Vietnam
- Yemen
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Asia, split by region and country
- Trade (exports and imports) in Asia
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Hong Kong SAR
- Macao SAR
- Cyprus
- Georgia
- India
- Indonesia
- Iran
- Iraq
- Israel
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Kyrgyzstan
- Lebanon
- Malaysia
- Maldives
- Mongolia
- Myanmar
- Nepal
- Oman
- Pakistan
- Palestine
- Philippines
- Qatar
- Saudi Arabia
- Singapore
- South Korea
- Sri Lanka
- Syrian Arab Republic
- Taiwan (Chinese)
- Tajikistan
- Thailand
- Timor-Leste
- Turkey
- Turkmenistan
- United Arab Emirates
- Uzbekistan
- Vietnam
- Yemen
- Lao People's Democratic Republic
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 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
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 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, 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, 2012–2023
