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

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Tea Market Size in Austria

In 2020, the Austrian tea market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Tea consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Tea Production in Austria

In value terms, tea production skyrocketed to $X in 2020 estimated in export prices. In general, production continues to indicate significant growth. The pace of growth appeared the most rapid in 2009 when the production volume increased by X% y-o-y. Tea production peaked at $X in 2010; however, from 2011 to 2020, production remained at a lower figure.

In 2020, the average yield of tea in Austria totaled X kg per ha, approximately reflecting the previous year. Overall, the yield recorded 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 2020, the total area harvested in terms of tea production in Austria was estimated at X ha, standing approx. at the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern.

Tea Exports

Exports from Austria

Tea exports from Austria dropped remarkably to X tonnes in 2020, declining by -X% against 2019. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X tonnes in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, tea exports declined modestly to $X in 2020. Overall, exports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X tonnes), France (X tonnes) and the Netherlands (X tonnes) were the main destinations of tea exports from Austria, together accounting for X% of total exports. These countries were followed by Hungary, Italy, Sweden, Poland and Romania, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania, while exports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for tea exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Italy (-X% per year).

Export Prices by Country

The average tea export price stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, export price indicated prominent growth from 2007 to 2020: its price 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 export price increased by +X% against 2015 indices. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Italy ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Tea Imports

Imports into Austria

In 2020, overseas purchases of tea decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, tea imports declined remarkably to $X in 2020. Overall, total imports indicated a slight increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X tonnes), the Netherlands (X tonnes) and India (X tonnes) were the main suppliers of tea imports to Austria, with a combined X% share of total imports. China, Sri Lanka, Indonesia and Turkey lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Indonesia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of tea to Austria, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and India (-X% per year).

Import Prices by Country

The average tea import price stood at $X per tonne in 2020, growing 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% year-to-year. Over the period under review, average import prices reached the peak figure in 2020 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tea in the world?
+
The country with the largest volume of tea consumption was China (5.6M tonnes), accounting for 56% of total volume. Moreover, tea consumption in China exceeded the figures recorded by the second-largest consumer, India (1.3M tonnes), fourfold. Turkey (269K tonnes) ranked third in terms of total consumption with a 2.7% share.
What are the largest producers of tea in the world?
+
The country with the largest volume of tea production was China (6M tonnes), accounting for 61% of total volume. Moreover, tea production in China exceeded the figures recorded by the second-largest producer, India (1.4M tonnes), fourfold. Kenya (467K tonnes) ranked third in terms of total production with a 4.7% share.
What are the leading suppliers of tea to Austria?
+
In value terms, Germany ($9.7M) constituted the largest supplier of tea to Austria, comprising 43% of total imports. The second position in the ranking was occupied by the Netherlands ($3.9M), with a 17% share of total imports. It was followed by India, with a 8.2% share.
What are the leading importers of tea from Austria?
+
In value terms, Germany ($2.6M) remains the key foreign market for tea exports from Austria, comprising 29% of total exports. The second position in the ranking was occupied by France ($1M), with a 12% share of total exports. It was followed by Italy, with a 8% share.
What is the average export price for tea in Austria?
+
The average tea export price stood at $11,928 per tonne in 2020, jumping by 30% against the previous year.
What is the average import price for tea in Austria?
+
In 2020, the average tea import price amounted to $9,266 per tonne, growing by 13% against the previous year.

Product coverage:
• FCL 667 - Tea

This report provides an in-depth analysis of the tea market in Austria. 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:
• Austria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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