Bolivia: Tea Market Overview 2020

Tea Market Size in Bolivia

The revenue of the tea market in Bolivia amounted to $X in 2018, going down by -X% against the previous year. Over the period under review, the total market indicated a significant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, tea consumption decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, the tea market reached its maximum level at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

Tea Production in Bolivia

In value terms, tea production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a significant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, tea production decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. Tea production peaked at $X in 2016; however, from 2017 to 2018, production remained at a lower figure.

Average yield of tea in Bolivia totaled X tonne per ha in 2018, surging by X% against the previous year. Overall, the yield indicated strong growth from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, tea yield increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2009 when yield increased by X% y-o-y. Over the period under review, the average tea yield attained its maximum level at X tonne per ha in 2012; however, from 2013 to 2018, 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.

Tea harvested area in Bolivia amounted to X ha in 2018, lowering by -X% against the previous year. In general, the tea harvested area continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 when harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to tea production attained its peak figure at X ha in 2008; however, from 2009 to 2018, harvested area failed to regain its momentum.

Tea Exports

Exports from Bolivia

In 2018, the amount of tea exported from Bolivia stood at X tonnes, going up by X% against the previous year. In general, tea exports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, tea exports totaled $X in 2018. Over the period under review, tea exports, however, continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Tea Imports

Imports into Bolivia

Tea imports into Bolivia stood at X tonnes in 2018, declining by -X% against the previous year. In general, the total imports indicated a temperate increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Imports peaked at X tonnes in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, tea imports totaled $X in 2018. In general, tea imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. Over the period under review, tea imports reached their peak figure at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Source: IndexBox AI Platform