New Zealand - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExtracts of Tea Price in New Zealand - 2023
Contents:
- Extracts of Tea Price in New Zealand (CIF) - 2022
- Extracts of Tea Price in New Zealand (FOB) - 2022
- Extracts of Tea Imports in New Zealand
- Extracts of Tea Exports in New Zealand
Extracts of Tea Price in New Zealand (CIF) - 2022
In 2022, the average extracts of tea import price amounted to $10,387 per ton, surging by 3.2% against the previous year. In general, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 71%. Over the period under review, average import prices hit record highs at $11,485 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Malaysia ($10,388 per ton) and Taiwan (Chinese) ($10,387 per ton), while the price for Singapore ($10,387 per ton) and China ($10,387 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Extracts of Tea Price in New Zealand (FOB) - 2022
The average extracts of tea export price stood at $11,576 per ton in 2022, picking up by 15% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, extracts of tea export price increased by +31.4% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 61% against the previous year. The export price peaked at $12,549 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Australia ($11,577 per ton) and Fiji ($11,577 per ton), while the average price for exports to Samoa ($11,573 per ton) and China ($11,575 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Extracts of Tea Imports in New Zealand
After three years of growth, overseas purchases of extracts, essences and concentrates of tea or mate decreased by -32.6% to 246 tons in 2022. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 44%. As a result, imports reached the peak of 365 tons, and then declined rapidly in the following year.
In value terms, extracts of tea imports fell significantly to $2.6M in 2022. In general, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. As a result, imports reached the peak of $3.7M, and then dropped rapidly in the following year.
| Import of Extracts of Tea in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 741 | 861 | 1,018 | 481 | -13.4% |
| United States | 461 | 518 | 415 | 352 | -8.6% |
| Malaysia | 34.3 | 321 | 367 | 349 | 116.7% |
| Taiwan (Chinese) | 280 | 176 | 226 | 333 | 5.9% |
| India | 132 | 153 | 41.3 | 171 | 9.0% |
| South Korea | 10.8 | 38.5 | 132 | 153 | 142.0% |
| China | 270 | 219 | 203 | 144 | -18.9% |
| Singapore | 78.1 | 64.9 | 122 | 116 | 14.1% |
| Indonesia | 55.1 | 47.0 | 492 | 102 | 22.8% |
| Netherlands | 147 | 24.7 | 61.1 | 25.5 | -44.2% |
| Germany | 189 | 134 | 242 | 4.6 | -71.0% |
| Czech Republic | N/A | N/A | 239 | N/A | 0% |
| Others | 58.2 | 101 | 118 | 324 | 77.2% |
| Total | 2,457 | 2,659 | 3,677 | 2,557 | 1.3% |
Top Suppliers of Extracts of Tea to New Zealand in 2022:
- Australia (46.3 tons)
- United States (33.9 tons)
- Malaysia (33.6 tons)
- Taiwan (Chinese) (32.1 tons)
- India (16.5 tons)
- South Korea (14.7 tons)
- China (13.9 tons)
- Singapore (11.1 tons)
- Indonesia (9.8 tons)
- Netherlands (2.5 tons)
- Germany (0.4 tons)
Extracts of Tea Exports in New Zealand
In 2022, after two years of decline, there was significant growth in overseas shipments of extracts, essences and concentrates of tea or mate, when their volume increased by 119% to 36 tons. Over the period under review, exports, however, recorded a abrupt descent.
In value terms, extracts of tea exports surged to $421K in 2022. In general, exports, however, continue to indicate a pronounced reduction.
| Export of Extracts of Tea in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 208 | 34.1 | 10.3 | 267 | 8.7% |
| French Polynesia | 9.1 | 93.0 | 86.1 | 60.3 | 87.8% |
| Cook Islands | 10.3 | 0.8 | 7.9 | 23.7 | 32.0% |
| Fiji | 54.8 | 7.9 | 6.4 | 21.4 | -26.9% |
| Hong Kong SAR | 76.8 | 30.0 | 11.4 | 16.0 | -40.7% |
| Australia | 111 | 2.0 | 22.4 | 12.5 | -51.7% |
| Samoa | N/A | N/A | N/A | 8.9 | 0% |
| Japan | N/A | 11.6 | 10.0 | 8.2 | -15.9% |
| Others | 12.9 | 13.1 | 12.0 | 2.7 | -40.6% |
| Total | 484 | 193 | 166 | 421 | -4.5% |
Top Export Markets for Extracts of Tea from New Zealand in 2022:
- China (23.1 tons)
- French Polynesia (5.2 tons)
- Cook Islands (2.0 tons)
- Fiji (1.8 tons)
- Hong Kong SAR (1.4 tons)
- Australia (1.1 tons)
- Samoa (0.8 tons)
- Japan (0.7 tons)
This report provides an in-depth analysis of the extracts of tea market in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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
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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
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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
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
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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 -
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
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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
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