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

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Colombia: Tea Market Overview 2019

Tea Market Size in Colombia

The revenue of the tea market in Colombia amounted to $X in 2017, coming down by -X% against the previous year. In general, tea consumption continues to indicate a measured decline. The pace of growth was the most pronounced in 2013, with an increase of X% year-to-year. In that year, the tea market reached their peak level of $X. From 2014 to 2017, growth of the tea market failed to regain its momentum.

Tea Production in Colombia

In 2017, approx. X tonnes of tea were produced in Colombia; coming up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2014, when the output figure increased by X% against the previous year. Over the period under review, the tea production attained its maximum volume of X tonnes in 2015; however, from 2016 to 2017, it failed to regain its momentum. Tea output in Colombia indicated a temperate growth, which was largely conditioned by a measured increase of the harvested area and a temperate growth in yield figures.

Average yield of tea in Colombia amounted to X tonne per ha in 2017, picking up by X% against the previous year. The yield figure increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. Over the period under review, the tea yield reached its peak figure level in 2017, and is likely to see steady growth in the immediate term. 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 Colombia amounted to X ha in 2017, remaining relatively unchanged against the previous year. Overall, tea harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the harvested area dedicated to tea production attained its peak figure of X ha in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Tea Exports from Colombia

Tea exports from Colombia stood at X tonnes in 2017, increasing by X% against the previous year. In general, tea exports continue to indicate a skyrocketing growth. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. Colombia exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, tea exports stood at $X in 2017. Overall, tea exports continue to indicate a skyrocketing growth. Over the period under review, the tea exports attained its maximum level in 2017, and are likely to see steady growth in the immediate term.

Tea Exports by Country from Colombia

Kenya was the main exporter of tea in the world, with the volume of exports amounting to X tonnes, which was approx. X% of total exports in 2017. China (X tonnes) occupied the second position in the ranking, followed by Sri Lanka (X tonnes) and India (X tonnes). All these countries together took near X% share of total exports. The following exporters - Viet Nam (X tonnes), the United Arab Emirates (X tonnes), Argentina (X tonnes), Uganda (X tonnes), Malawi (X tonnes) and Indonesia (X tonnes) together made up X% 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. China (-X%), India (-X%) and Kenya (-X%) significantly weakened its position in terms of the global exports, while 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), with a combined X% share of total exports. India, the United Arab Emirates, Viet Nam, Indonesia, Argentina, Malawi, Uganda and Colombia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries , Colombia (+X% per year) experienced 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 Colombia

The tea export price in Colombia stood at $X per kg in 2017, remaining stable against the previous year. Overall, tea export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Colombia export price peaked of $X per kg in 2016, and then declined slightly in the following year.

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 Colombia

In 2017, imports of tea into Colombia totaled X tonnes, therefore, remained relatively stable against the previous year. Overall, tea imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Over the period under review, the tea imports reached its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, tea imports amounted to $X in 2017. Overall, tea imports continue to indicate a strong increase. Colombia imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Tea Imports by Country into Colombia

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) represented roughly X% of total imports of tea in 2017.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Colombia (+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), with a combined X% share of total imports.

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

Tea Import Prices by Country in Colombia

In 2017, the tea import price in Colombia amounted to $X per tonne, coming down by -X% against the previous year. Overall, tea import price continues to indicate a temperate slump. The pace of growth was the most pronounced in 2011, an increase of X% against the previous year. In that year, the import prices for tea attained their peak level of $X per tonne. From 2012 to 2017, growth of the import prices for tea failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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

Product coverage:
• FCL 667 - Tea

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Colombia
• 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 2025
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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
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, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
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