Colombia - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingExtracts of Tea Price in Colombia - 2022
Contents:
- Extracts of Tea Price in Colombia (CIF) - 2022
- Extracts of Tea Price in Colombia (FOB) - 2022
- Extracts of Tea Imports in Colombia
- Extracts of Tea Exports in Colombia
Extracts of Tea Price in Colombia (CIF) - 2022
In February 2022, the average extracts of tea import price amounted to $13,743 per ton, increasing by 97% against the previous month. In general, the import price saw a slight increase. The pace of growth was the most pronounced in November 2021 an increase of 102% m-o-m. As a result, import price reached the peak level of $17,123 per ton. From December 2021 to February 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($25,807 per ton), while the price for China ($6,756 per ton) was amongst the lowest.
From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Extracts of Tea Price in Colombia (FOB) - 2022
In 2022, the average extracts of tea export price amounted to $7,093 per ton, dropping by -10.2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 46%. As a result, the export price reached the peak level of $7,901 per ton, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($61,415 per ton), while the average price for exports to Bolivia ($4,920 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+38.1%), while the prices for the other major destinations experienced more modest paces of growth.
Extracts of Tea Imports in Colombia
In 2022, imports of extracts, essences and concentrates of tea or mate into Colombia declined slightly to 866 tons, waning by -3% on the year before. Overall, imports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 6.5%.
In value terms, extracts of tea imports contracted slightly to $6.5M in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 5.5% against the previous year. As a result, imports attained the peak of $6.7M, and then fell modestly in the following year.
| Import of Extracts of Tea in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,174 | 2,730 | 2,450 | 2,272 | 1.5% |
| Chile | 1,543 | 1,625 | 1,937 | 1,796 | 5.2% |
| China | 1,373 | 861 | 470 | 826 | -15.6% |
| Mexico | 744 | 270 | 666 | 617 | -6.0% |
| Spain | 305 | 435 | 440 | 408 | 10.2% |
| Brazil | 15.8 | 132 | 256 | 237 | 146.6% |
| Kenya | 163 | 122 | 207 | 192 | 5.6% |
| Others | 334 | 199 | 297 | 199 | -15.9% |
| Total | 6,651 | 6,373 | 6,722 | 6,547 | -0.5% |
Top Suppliers of Extracts of Tea to Colombia in 2022:
- Chile (317.7 tons)
- United States (190.0 tons)
- China (188.8 tons)
- Mexico (52.8 tons)
- Spain (50.7 tons)
- Brazil (42.5 tons)
- Kenya (15.6 tons)
Extracts of Tea Exports in Colombia
Extracts of tea exports from Colombia declined markedly to 46 tons in 2022, with a decrease of -20.9% on 2021. Over the period under review, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of 58 tons, and then dropped remarkably in the following year.
In value terms, extracts of tea exports dropped dramatically to $323K in 2022. In general, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 138%. As a result, the exports reached the peak of $455K, and then reduced sharply in the following year.
| Export of Extracts of Tea in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 80.6 | 95.6 | 134 | 159 | 25.4% |
| Paraguay | 44.6 | 23.9 | 30.4 | 38.7 | -4.6% |
| Chile | 8.3 | 8.4 | 31.5 | 37.4 | 65.2% |
| Dominican Republic | 6.5 | 4.6 | 17.8 | 21.2 | 48.3% |
| Panama | 20.1 | 11.4 | 16.5 | 19.6 | -0.8% |
| Ecuador | 13.9 | 16.8 | 16.5 | 19.6 | 12.1% |
| Venezuela | 48.7 | N/A | N/A | N/A | 0% |
| Peru | N/A | N/A | 110 | N/A | 0% |
| Others | 22.2 | 30.8 | 97.9 | 27.6 | 7.5% |
| Total | 245 | 192 | 455 | 323 | 9.7% |
Top Export Markets for Extracts of Tea from Colombia in 2022:
- Bolivia (32.4 tons)
- Paraguay (4.9 tons)
- Panama (2.7 tons)
- Chile (1.6 tons)
- Ecuador (1.4 tons)
- Dominican Republic (1.0 tons)
This report provides an in-depth analysis of the extracts of tea market in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
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
-
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
-
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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
424
This report provides an in-depth analysis of the extracts of tea market in Colombia.
483
This report provides an in-depth analysis of the roasted coffee substitutes market in Colombia.
311
This report provides an in-depth analysis of the extracts of coffee market in Colombia.
392
This report provides an in-depth analysis of the market for salted, dried, or smoked pig meat other than hams or bellies in Colombia.
396
This report provides an in-depth analysis of the market for salted, dried, or smoked hams, shoulders and cuts of swine in Colombia.
350
This report provides an in-depth analysis of the market for salted, dried, or smoked swine bellies in Colombia.
400
This report provides an in-depth analysis of the flat-rolled steel products market in Colombia.
413
This report provides an in-depth analysis of the bacon and ham market in Colombia.
461
This report provides an in-depth analysis of the coffee extract market in Colombia.
1476
This report provides an in-depth analysis of the global extracts of tea market.
2303
In value terms, semi-finished products of iron and non-alloy steel imports totaled $X in 2016. In general, semi-finished products of iron and non-alloy steel imports continue to indicate a pronounce...
1555
In value terms, flat-rolled products of iron and non-alloy steel imports totaled $X in 2016. In general, flat-rolled products of iron and non-alloy steel imports continue to indicate a mild setback....
1001
In value terms, alloy steel in ingots and other primary forms imports stood at $X in 2016. Overall, alloy steel in ingots and other primary forms imports continue to indicate a significant downturn...
1139
In value terms, alloy steel flat-rolled products imports amounted to $X in 2016. In general, alloy steel flat-rolled products imports continue to indicate a pronounced downturn. Over the period und...
848
In value terms, steel, alloy, hot-rolled bars and rods imports stood at $X in 2016. Overall, steel, alloy, hot-rolled bars and rods imports continue to indicate a remarkable expansion. Over the per...
680
In value terms, alloy steel bars, rods, shapes and sections imports totaled $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value increased at an average an...
1012
In value terms, semi-finished products of iron and non-alloy steel exports amounted to $X in 2016. In general, semi-finished products of iron and non-alloy steel exports continue to indicate a drast...
1125
In value terms, flat-rolled products of iron and non-alloy steel exports stood at $X in 2016. Overall, flat-rolled products of iron and non-alloy steel exports continue to indicate a relatively flat...
725
In value terms, alloy steel in ingots and other primary forms exports totaled $X in 2016. In general, alloy steel in ingots and other primary forms exports continue to indicate a mild contraction. ...
747
In value terms, alloy steel flat-rolled products exports stood at $X in 2016. In general, alloy steel flat-rolled products exports continue to indicate a significant slump. Global alloy steel flat-...
