Indonesia - Tea - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTea Price in Indonesia - 2022
Contents:
- Tea Price in Indonesia (FOB) - 2022
- Tea Price in Indonesia (CIF) - 2022
- Tea Exports in Indonesia
- Tea Imports in Indonesia
Tea Price in Indonesia (FOB) - 2022
The average tea export price stood at $2,235 per ton in March 2022, picking up by 12% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $2,355 per ton in July 2021; however, from August 2021 to March 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In March 2022, the country with the highest price was Australia ($6,012 per ton), while the average price for exports to Germany ($1,388 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Tea Price in Indonesia (CIF) - 2022
The average tea import price stood at $2,617 per ton in March 2022, dropping by -6.3% against the previous month. Overall, import price indicated perceptible growth from March 2021 to March 2022: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, tea import price decreased by -7.5% against January 2022 indices. The most prominent rate of growth was recorded in April 2021 an increase of 32% month-to-month. Over the period under review, average import prices reached the maximum at $2,830 per ton in January 2022; however, from February 2022 to March 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Sri Lanka ($20,399 per ton), while the price for Vietnam ($1,160 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Tea Exports in Indonesia
For the third year in a row, Indonesia recorded decline in overseas shipments of tea, which decreased by -4.8% to 38K tons in 2022. In general, exports showed a deep reduction. The smallest decline of -1.7% was in 2020.
In value terms, tea exports fell to $84M in 2022. Overall, exports saw a abrupt shrinkage.
| Export of Tea in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 0.2 | 0.1 | N/A | 25.9 | 405.9% |
| Russia | 11.5 | 13.4 | 12.2 | 10.2 | -3.9% |
| Malaysia | 17.0 | 11.9 | 12.8 | 9.2 | -18.5% |
| United States | 6.8 | 6.3 | 6.2 | 5.1 | -9.1% |
| Pakistan | 7.2 | 5.0 | 3.4 | 3.9 | -18.5% |
| United Arab Emirates | 3.8 | 3.5 | 4.2 | 3.7 | -0.9% |
| China | 5.5 | 3.7 | 4.6 | 3.6 | -13.2% |
| Japan | 2.0 | 2.9 | 3.2 | 2.7 | 10.5% |
| Poland | 3.8 | 3.9 | 2.3 | 2.4 | -14.2% |
| Thailand | 4.0 | 2.2 | 2.7 | 2.3 | -16.8% |
| Taiwan (Chinese) | 4.7 | 4.8 | 3.9 | 2.0 | -24.8% |
| United Kingdom | 2.1 | 1.2 | 1.8 | 1.5 | -10.6% |
| Australia | 8.6 | 9.3 | 9.0 | 0.4 | -64.0% |
| Others | 30.0 | 28.2 | 22.4 | 10.9 | -28.6% |
| Total | 107 | 96.3 | 88.6 | 83.8 | -7.8% |
Top Export Markets for Tea from Indonesia in 2022:
- Malaysia (6.7K tons)
- Russia (6.1K tons)
- Myanmar (4.2K tons)
- United States (3.0K tons)
- China (2.1K tons)
- Pakistan (1.9K tons)
- United Arab Emirates (1.9K tons)
- Poland (1.3K tons)
- Taiwan (Chinese) (1.2K tons)
- Japan (1.2K tons)
- United Kingdom (1.0K tons)
- Thailand (1.0K tons)
- Australia (0.2K tons)
Tea Imports in Indonesia
In 2022, approx. 15K tons of tea were imported into Indonesia; increasing by 1.6% compared with the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 2.5% against the previous year.
In value terms, tea imports soared to $37M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tea in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 9.3 | 9.3 | 8.2 | 10.5 | 4.1% |
| China | 1.4 | 1.0 | 2.1 | 8.6 | 83.1% |
| Kenya | 6.1 | 5.8 | 6.7 | 7.2 | 5.7% |
| Sri Lanka | 1.4 | 1.5 | 1.4 | 2.5 | 21.3% |
| Taiwan (Chinese) | 3.4 | 1.7 | 1.9 | 1.3 | -27.4% |
| India | 0.8 | 0.9 | 0.9 | 0.9 | 4.0% |
| Thailand | 3.9 | 2.3 | 2.0 | 0.9 | -38.7% |
| Malaysia | 0.7 | 0.5 | 0.6 | 0.7 | 0.0% |
| Others | 2.9 | 2.8 | 4.1 | 4.8 | 18.3% |
| Total | 29.9 | 25.8 | 27.9 | 37.5 | 7.8% |
Top Suppliers of Tea to Indonesia in 2022:
- Vietnam (9.3K tons)
- Kenya (2.9K tons)
- China (1.0K tons)
- Malaysia (0.6K tons)
- India (0.5K tons)
- Sri Lanka (0.4K tons)
- Taiwan (Chinese) (0.2K tons)
- Thailand (0.2K tons)
This report provides an in-depth analysis of the tea market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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
-
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
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
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
- 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
- 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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This report provides an in-depth analysis of the tea market in Indonesia.
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This report provides an in-depth analysis of the global tea market.
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This report provides an in-depth analysis of the tea market in Indonesia.
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This report provides an in-depth analysis of the global tea market.
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