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Asia - Tea - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Tea Market Overview 2021

Tea Market Size in Asia

After thirteen years of growth, the Asian tea market decreased by -X% to $X in 2020. in general, consumption recorded strong growth. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2019, and then dropped in the following year.

Tea Production in Asia

In value terms, tea production reached $X in 2020 estimated in export prices. Overall, production continues to indicate a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, production attained the peak level in 2020 and is likely to see gradual growth in the near future.

China (X tonnes) constituted the country with the largest volume of tea production, comprising approx. X% of total volume. Moreover, tea production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. Sri Lanka (X tonnes) ranked third in terms of total production with a X% share.

In China, tea production expanded at an average annual rate of +X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: India (+X% per year) and Sri Lanka (-X% per year).

The average tea yield reduced modestly to X tonnes per ha in 2020, remaining relatively unchanged against the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, the tea yield hit record highs at X tonnes per ha in 2015; however, from 2016 to 2020, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the tea harvested area in Asia rose sharply to X ha, growing by X% against the year before. The total harvested area indicated a remarkable increase from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, tea harvested area increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to tea production reached the maximum in 2020 and is likely to see gradual growth in years to come.

Production by Country in Asia

The country with the largest volume of tea production was China (X tonnes), accounting for X% of total volume. Moreover, tea production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. The third position in this ranking was occupied by Sri Lanka (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China amounted to +X%. in the other countries, the average annual rates were as follows: India (+X% per year) and Sri Lanka (-X% per year).

Tea Exports

Exports in Asia

In 2020, approx. X tonnes of tea were exported in Asia; picking up by X% compared with the year before. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. The volume of export peaked at X tonnes in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

In value terms, tea exports expanded remarkably to $X in 2020. Total exports indicated a resilient increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. The level of export peaked in 2020 and is likely to see gradual growth in the near future.

Exports by Country

The biggest shipments were from China (X tonnes), Sri Lanka (X tonnes) and India (X tonnes), together resulting at X% of total export. Viet Nam (X tonnes) ranks next in terms of the total exports with a X% share, followed by the United Arab Emirates (X%). Indonesia (X tonnes) occupied a little share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Sri Lanka ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2020, with a combined X% share of total exports.

China saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the tea export price in Asia amounted to $X per tonne, which is down by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2019, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the United Arab Emirates ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Tea Imports

Imports in Asia

After two years of growth, purchases abroad of tea decreased by -X% to X tonnes in 2020. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tonnes in 2019, and then shrank modestly in the following year.

In value terms, tea imports reduced slightly to $X in 2020. Total imports indicated notable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. The level of import peaked at $X in 2019, and then dropped modestly in the following year.

Imports by Country

Pakistan was the key importing country with an import of about X tonnes, which accounted for X% of total imports. The United Arab Emirates (X tonnes) held an X% share (based on tonnes) of total imports, which put it in second place, followed by Iran (X%), China (X%) and Saudi Arabia (X%). India (X tonnes), Uzbekistan (X tonnes), Kazakhstan (X tonnes), Iraq (X tonnes), Japan (X tonnes), Malaysia (X tonnes), Hong Kong SAR (X tonnes) and Turkey (X tonnes) followed a long way behind the leaders.

Imports into Pakistan increased at an average annual rate of +X% from 2007 to 2020. at the same time, China (+X%), Hong Kong SAR (+X%), India (+X%), Turkey (+X%), Malaysia (+X%), Uzbekistan (+X%), Kazakhstan (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2007-2020. Iraq and Iran experienced a relatively flat trend pattern. by contrast, the United Arab Emirates (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of Pakistan (+X p.p.) and China (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Iran (-X p.p.), Japan (-X p.p.) and the United Arab Emirates (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) constitutes the largest market for imported tea in Asia, comprising X% of total imports. The second position in the ranking was occupied by Iran ($X), with a X% share of total imports. It was followed by Saudi Arabia, with a X% share.

In Pakistan, tea imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Iran (+X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

The tea import price in Asia stood at $X per tonne in 2020, waning by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the import price increased by X% year-to-year. Over the period under review, import prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Hong Kong SAR ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tea in Asia?
+
China (2.6M tonnes) constituted the country with the largest volume of tea consumption, accounting for 47% of total volume. Moreover, tea consumption in China exceeded the figures recorded by the second-largest consumer, India (1.3M tonnes), twofold. Turkey (284K tonnes) ranked third in terms of total consumption with a 5.1% share.
What are the largest producers of tea in Asia?
+
The country with the largest volume of tea production was China (3M tonnes), comprising approx. 50% of total volume. Moreover, tea production in China exceeded the figures recorded by the second-largest producer, India (1.4M tonnes), twofold. The third position in this ranking was occupied by Sri Lanka (300K tonnes), with a 5.1% share.
What are the leading suppliers of tea in Asia?
+
In value terms, the largest tea supplying countries in Asia were China ($2B), Sri Lanka ($1.3B) and India ($692M), with a combined 78% share of total exports.
What are the leading importers of tea in Asia?
+
In value terms, Pakistan ($590M) constitutes the largest market for imported tea in Asia, comprising 21% of total imports. The second position in the ranking was occupied by Iran ($271M), with a 9.4% share of total imports. It was followed by Saudi Arabia, with a 8.2% share.
What is the average export price for tea in Asia?
+
In 2020, the tea export price in Asia amounted to $4,375 per tonne, shrinking by -3% against the previous year.
What is the average import price for tea in Asia?
+
The tea import price in Asia stood at $3,361 per tonne in 2020, with a decrease of -2.8% against the previous year.

Product coverage:
• FCL 667 - Tea

This report provides an in-depth analysis of the tea market in Asia. 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 2025.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Democratic People's Republic of Korea
• Jordan
• Kyrgyzstan
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Harvested Area, by Country, 2007–2020
Table 7:
Yield, by Country, 2007–2020
Table 8:
Imports, in Physical Terms, by Country, 2007–2020
Table 9:
Imports, in Value Terms, by Country, 2007–2020
Table 10:
Import Prices, by Country of Destination, 2007–2020
Table 11:
Exports, in Physical Terms, by Country, 2007–2020
Table 12:
Exports, in Value Terms, by Country, 2007–2020
Table 13:
Export Prices, by Country of Origin, 2007–2020
Table 14:
Producer Prices, by Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), by Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Yield and Growth
Figure 11:
Exports and Growth
Figure 12:
Export Prices and Growth
Figure 13:
Market Size and Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports and Growth
Figure 16:
Import Prices
Figure 17:
Production, in Physical Terms, 2007–2020
Figure 18:
Production, in Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, by Country, 2020
Figure 22:
Production, in Physical Terms, by Country, 2007–2020
Figure 23:
Harvested Area, by Country, 2020
Figure 24:
Harvested Area, by Country, 2007–2020
Figure 25:
Yield, by Country, 2007–2020
Figure 26:
Imports, in Physical Terms, 2007–2020
Figure 27:
Imports, in Value Terms, 2007–2020
Figure 28:
Imports, in Physical Terms, by Country, 2020
Figure 29:
Imports, in Physical Terms, by Country, 2007–2020
Figure 30:
Imports, in Value Terms, by Country, 2007–2020
Figure 31:
Import Prices, by Country, 2007–2020
Figure 32:
Exports, in Physical Terms, 2007–2020
Figure 33:
Exports, in Value Terms, 2007–2020
Figure 34:
Exports, in Physical Terms, by Country, 2020
Figure 35:
Exports, in Physical Terms, by Country, 2007–2020
Figure 36:
Exports, in Value Terms, by Country, 2007–2020
Figure 37:
Export Prices, 2007–2020
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