Austria - Tea - Market Analysis, Forecast, Size, Trends and Insights

Austria: Tea Market Overview 2019

Tea Market Size in Austria

The revenue of the tea market in Austria amounted to $X in 2017, falling by -X% against the previous year. Overall, tea consumption continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2009, when it surged by X% y-o-y. Over the period under review, the tea market attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Tea Production in Austria

In 2017, tea production in Austria totaled X kg, remaining relatively unchanged against the previous year. In general, tea production continues to indicate a relatively flat trend pattern. Tea output in Austria indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

Average yield of tea in Austria totaled X kg per ha in 2017, approximately mirroring the previous year. Overall, tea yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the total area harvested in terms of tea production in Austria amounted to X ha, approximately mirroring the previous year. Overall, tea harvested area continues to indicate a relatively flat trend pattern.

Tea Exports from Austria

In 2017, approx. X tonnes of tea were exported from Austria; falling by -X% against the previous year. In general, tea exports continue to indicate an abrupt setback. The growth pace was the most rapid in 2016, when exports increased by X% year-to-year. Austria exports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, tea exports amounted to $X in 2017. Overall, tea exports continue to indicate a noticeable drop. In that year, the tea exports attained their peak level of $X. From 2014 to 2017, growth of the tea exports failed to regain its momentum.

Tea Exports by Country from Austria

Kenya was the major exporting country with an export of about X tonnes, which recorded X% of total exports. China (X tonnes) held the second position in the ranking, followed by Sri Lanka (X tonnes) and India (X tonnes). All these countries together held near X% share of total exports. Viet Nam (X tonnes), the United Arab Emirates (X tonnes), Argentina (X tonnes), Uganda (X tonnes), Malawi (X tonnes) and Indonesia (X tonnes) occupied the mild share of total exports.

Kenya was also the fastest growing in terms of the tea exports, with a CAGR of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%), Uganda (+X%), India (+X%) and China (+X%) displayed positive paces of growth. Sri Lanka, Argentina and Viet Nam experienced a relatively flat trend pattern. By contrast, Malawi (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. While the share of China (-X%), India (-X%) and Kenya (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tea markets worldwide were China ($X), Sri Lanka ($X) and Kenya ($X), together accounting for X% of total exports. These countries were followed by India, the United Arab Emirates, Viet Nam, Indonesia, Argentina, Malawi, Uganda and Austria, which together accounted for a further X%.

Among the main exporting countries , the United Arab Emirates (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Tea Export Prices by Country in Austria

In 2017, the tea export price in Austria amounted to $X per tonne, going down by -X% against the previous year. Overall, tea export price continues to indicate a slight increase. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. Over the period under review, the export prices for tea reached its peak figure level of $X per tonne in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Sri Lanka ($X per tonne), while Argentina ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Tea Imports into Austria

In 2017, the amount of tea imported into Austria stood at X tonnes, going down by -X% against the previous year. In general, tea imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when imports increased by X% year-to-year. In that year, the tea imports attained their peak volume of X tonnes, and then declined slightly in the following year.

In value terms, tea imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the tea imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Tea Imports by Country into Austria

The countries with the highest levels of tea imports in 2017 were Pakistan (X tonnes), Russia (X tonnes), the UK (X tonnes), the U.S. (X tonnes), the United Arab Emirates (X tonnes), Iran (X tonnes), Kenya (X tonnes), Germany (X tonnes), Morocco (X tonnes), Turkey (X tonnes), Poland (X tonnes) and Saudi Arabia (X tonnes), together accounting for X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest tea markets worldwide were Pakistan ($X), Russia ($X) and the U.S. ($X), together accounting for X% of total imports.

Pakistan (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Tea Import Prices by Country in Austria

In 2017, the tea import price in Austria amounted to $X per tonne, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009, an increase of X% against the previous year. Over the period under review, the import prices for tea attained its peak figure level of $X per tonne in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Saudi Arabia ($X per tonne), while Kenya ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Pakistan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform