Extracts of Tea Market

Extracts of tea market: read new data provided by an Ai-driven market intelligence platform. Statistics cover consumption, production, market size, exports, imports, trade, market prices, and companies. There is a split by country, including EU, the Middle East, the U.S., China, Latin America, Russia, the U.K., and Africa. Market trends and outlook to 2030 are also provided in the dashboards.


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Extracts of Tea - World's Largest Markets

RatingCountry
1China
2India
3Japan
4Brazil
5United States

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by Japan.

In China, the extracts of tea market increased at an average annual rate of +3.3% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: India (+5.0% per year) and Japan (+0.0% per year).

Extracts Of Tea Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Poland224822882107-3.2%
Thailand347640943287-2.8%
Taiwan (Chinese)27782479384017.6%
Malaysia3639400041216.4%
Spain867673545396-21.1%
Germany5821553959010.7%
United Kingdom869277747190-9.0%
India6818684574484.5%
United States827382958154-0.7%
Canada8212820482100.0%
China1003710479101580.6%
Ireland401502039719183-30.9%
Netherlands17677128802590721.1%
Average797970367287-4.4%

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($25,907 per ton), while Poland ($2,107 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Netherlands4921108171761089.2%
France11869136771538513.9%
Ireland1008510256107173.1%
Mexico8382827698048.2%
Canada48854570758624.6%
United Kingdom6311592768434.1%
Indonesia807388036721-8.8%
Singapore582858465592-2.0%
Germany405534823687-4.6%
Belgium929955192822-44.9%
United States280027712782-0.3%
Philippines343221122362-17.0%
Denmark247123861446-23.5%
Average5619546657491.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Netherlands ($17,610 per ton), while Denmark ($1,446 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (+89.2% per year), while the other global leaders experienced more modest paces of growth.

Extracts of Tea - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States0.20.20.23.5%
France0.080.040.096.8%
Netherlands0.030.060.0763.7%
Canada0.050.050.054.2%
Ireland0.050.050.05-3.4%

In value terms, the largest extracts of tea importing markets worldwide were the United States ($181M), France ($91M) and the Netherlands ($70M), together accounting for 30% of global imports.

In terms of the main importing countries, the Netherlands (+63.7% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Extracts of Tea - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Netherlands0.040.030.299.4%
United States0.20.20.1-9.9%
China0.10.20.10.6%
Ireland0.20.090.09-28.4%
Germany0.080.080.08-1.6%

In value terms, the Netherlands ($151M), the United States ($142M) and China ($131M) appeared to be the countries with the highest levels of exports in 2020, with a combined 37% share of global exports. Ireland, Germany, the UK, Canada, India, Spain, Malaysia, Thailand, Taiwan (Chinese) and Poland lagged somewhat behind, together comprising a further 43%.

Thailand (+127.6% per year) recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Extracts of Tea - Market Forecast

Driven by increasing demand for extracts of tea worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Extracts of Tea - Product Coverage

  • HS 210120 - 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
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World - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global extracts of tea market.

South-Eastern Asia - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the extracts of tea market in South-Eastern Asia.

Southern Asia - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the extracts of tea market in Southern Asia.

Northern America - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the extracts of tea market in Northern America.

Eastern Asia - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the extracts of tea market in Eastern Asia.

Latin America and the Caribbean - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the extracts of tea market in Latin America and the Caribbean.

Middle East - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the extracts of tea market in the Middle East.

Australia and Oceania - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the extracts of tea market in Australia and Oceania.

Africa - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the extracts of tea market in Africa.

Central Asia - Extracts, Essences and Concentrates of Tea or Mate - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the extracts of tea market in Central Asia.

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