World - Tea - Market Analysis, Forecast, Size, Trends and Insights
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Tea market: get recently published statistics powered by an Ai-driven business intelligence platform. Data provide trade, consumption, imports, exports, production, market size, companies, and market prices. There is a split by country, including the U.S., Latin America, the U.K., Africa, China, Russia, EU, and the Middle East. Market dynamics and outlook to 2030 are also featured in the snapshots.
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Tea - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | India |
| 3 | Turkey |
| 4 | Australia |
| 5 | Pakistan |
In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by Turkey.
In China, the tea market plunged by an average annual rate of -2.8% over the period from 2019-2021. In the other countries, the average annual rates were as follows: India (+12.9% per year) and Turkey (+23.8% per year).
Tea Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| United Kingdom | 7021 | 7143 | 526 | -72.6% |
| Vietnam | 1533 | 1595 | 1569 | 1.2% |
| Malawi | 1977 | 1587 | 1770 | -5.4% |
| Kenya | 2347 | 2148 | 2238 | -2.3% |
| Indonesia | 2350 | 2181 | 2267 | -1.8% |
| China | 5523 | 5250 | 3233 | -23.5% |
| India | 3279 | 3288 | 3736 | 6.7% |
| Sri Lanka | 4592 | 4647 | 4620 | 0.3% |
| Free Zones | 8594 | 8662 | 8629 | 0.2% |
| Average | 4051 | 3846 | 3338 | -9.2% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Free Zones ($8,629 per ton), while the UK ($526 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| USD per ton | ||||
| Saudi Arabia | 5910 | 5694 | 5799 | -0.9% |
| Germany | 4533 | 4767 | 5168 | 6.8% |
| China | 4286 | 3908 | 4094 | -2.3% |
| Iran | 4012 | 3922 | 3976 | -0.4% |
| Poland | 3243 | 3114 | 3270 | 0.4% |
| United Arab Emirates | 2926 | 2863 | 2894 | -0.5% |
| Russia | 2835 | 2722 | 2859 | 0.4% |
| United Kingdom | 2880 | 2692 | 2836 | -0.8% |
| Togo | 4300 | 4348 | 2804 | -19.2% |
| Pakistan | 2404 | 2318 | 2247 | -3.3% |
| Australia | 7365 | 7631 | 1100 | -61.4% |
| Turkey | 2130 | 3174 | 1095 | -28.3% |
| Switzerland | 4470 | 4609 | 587 | -63.8% |
| Average | 3646 | 3587 | 3260 | -5.4% |
Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($5,799 per ton), while Switzerland ($587 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.
Tea - Top Importers
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| Pakistan | 0.5 | 0.6 | 0.6 | 7.9% |
| Russia | 0.4 | 0.4 | 0.4 | 1.4% |
| Iran | 0.4 | 0.3 | 0.3 | -9.1% |
| United Kingdom | 0.4 | 0.3 | 0.3 | -8.0% |
| Saudi Arabia | 0.2 | 0.2 | 0.2 | 0.3% |
In value terms, the largest tea importing markets worldwide were Pakistan ($579M), Russia ($438M) and Iran ($325M), with a combined 21% share of global imports. These countries were followed by the UK, Saudi Arabia, Germany, China, Togo, the United Arab Emirates, Australia, Poland, Turkey and Switzerland, which together accounted for a further 26%.
Turkey (+68.2% per year) saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Tea - Top Exporters
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
|---|---|---|---|---|
| billion USD | ||||
| Kenya | 1.1 | 1.2 | 1.2 | 2.3% |
| Sri Lanka | 1 | 1 | 1 | 0.1% |
| India | 0.9 | 0.7 | 0.7 | -9.5% |
| China | 2 | 1.8 | 0.5 | -48.0% |
| Free Zones | 0.4 | 0.4 | 0.4 | 0.6% |
In value terms, Kenya ($1.2B), Sri Lanka ($1B) and India ($707M) were the countries with the highest levels of exports in 2021, with a combined 46% share of global exports. China, Free Zones, Vietnam, the UK, Indonesia and Malawi lagged somewhat behind, together comprising a further 22%.
In terms of the main exporting countries, Vietnam recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Tea - Market Forecast
Driven by increasing demand for 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 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Tea - Top Companies
Delica AG, Total Capsule Solutions SA, NESTLE PHILIPPINES, INC., Jab Beech Inc., NESTLE JAPAN LTD., JAMES FINLAY (KENYA) LTD, IS Dongseo Co., Ltd., Jiujiang Lushan Yunwu Tea Factory, Peet's Coffee & Tea, LLC, YUNILEVER RUS, OOO, NESTLE MIDDLE EAST MANUFACTURING LLC, COSTA LIMITED, UCC UESHIMA COFFEE CO.,LTD., TATA GLOBAL BEVERAGES LIMITED, AJINOMOTO AGF, INC., FEDERACION NACIONAL DE CAFETEROS DE COLOMBIA, ORIMI, OOO, Três Corações Alimentos S/A, KEY COFFEE INC, Farmer Bros. Co.
Tea - Product Coverage
- HS 090210 - Tea, green; (not fermented), in immediate packings of a content not exceeding 3kg
- HS 090220 - Tea, green; (not fermented), in immediate packings of a content exceeding 3kg
- HS 090230 - Tea, black; (fermented) and partly fermented tea, in immediate packings of a content not exceeding 3kg
- HS 090240 - Tea, black; (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg
This report provides an in-depth analysis of the global tea market. 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:
- FCL 667 - Tea
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
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
- CONSUMPTION BY COUNTRY
- 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
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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
- COUNTRIES WITH TOP YIELDS
- 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. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL 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- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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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
- Harvested Area, By Country, 2012-2023
- Yield, 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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, 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
72
Discover the top import markets for tea around the world based on data from the IndexBox market intelligence platform.
4487
The tea market is growing rapidly, with new brands and products emerging all the time. But what trends are driving this growth?
653
The global tea market revenue amounted to $25.9B in 2018, picking up by 7.7% against the previous year. Overall, the total market indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +4.3% over that period. Global
2966
Global tea consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1586
Global tea imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1300
From 2008 to 2015, global exports on the tea market showed mixed dynamics, amounting to X thousand tons in 2015. In value terms, they dropped to X million USD in 2015, which was X million USD less than the year before.
1526
The global tea market showed an upward trend from 2008 to 2013 and reached a peak at X thousand tons. However, in 2014, dynamics downturned. During the next two years, the global tea market decreased to X thousand tons.
1754
The volume of total imports on the global tea market in 2015 stood at X thousand tons. In value terms, imports of tea decreased to X million USD in 2015, which was X million USD (X%) less than the year before.
1569
From 2008 to 2013, global tea market production showed steady growth, reaching its peak level at X thousand tons. It was followed by a slight shrinkage over the next two years to X thousand tons in 2015.
4339
Cost-effective labour, plenty of market opportunities and increasing demand from importers are all factors that are making the African tea industry appear an attractive prospect for investors on global tea market. However, political instability and poo
