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

Denmark: Tea Market Overview 2019

Tea Market Size in Denmark

The revenue of the tea market in Denmark amounted to $X in 2017, jumping by X% against the previous year. In general, tea consumption continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2008, with an increase of X% against the previous year. Over the period under review, the tea market attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Tea Production in Denmark

In 2017, approx. X kg of tea were produced in Denmark; remaining stable against the previous year. Overall, tea production continues to indicate a relatively flat trend pattern. Tea output in Denmark 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.

In 2017, average yield of tea in Denmark stood at X kg per ha, flattening at 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 Denmark totaled X ha, approximately mirroring the previous year. In general, tea harvested area continues to indicate a relatively flat trend pattern.

Tea Exports from Denmark

Tea exports from Denmark totaled X tonnes in 2017, lowering by -X% against the previous year. Overall, tea exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when exports increased by X% year-to-year. Over the period under review, the tea exports attained its peak figure volume of X tonnes in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, tea exports stood at $X in 2017. In general, the total exports indicated a moderate expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tea exports decreased by -X% against 2013 indices. Over the period under review, the tea exports attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Tea Exports by Country from Denmark

Kenya was the largest exporter of tea in the world, with the volume of exports amounting to X tonnes, which was near X% of total exports in 2017. China (X tonnes) ranks second in terms of the global exports with a X% share, followed by Sri Lanka (X%) and India (X%). 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 weak 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. From 2007 to 2017, the share of China, India and Kenya decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Sri Lanka ($X) and Kenya ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports. These countries were followed by India, the United Arab Emirates, Viet Nam, Indonesia, Argentina, Malawi, Uganda and Denmark, 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 Denmark

In 2017, the tea export price in Denmark amounted to $X per kg, coming up 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 2011, when the export prices increased by X% year-to-year. Over the period under review, the export prices for tea attained its maximum level of $X per kg in 2013; however, from 2014 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 Denmark

In 2017, approx. X tonnes of tea were imported into Denmark; surging by X% against the previous year. Overall, tea imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017, when imports increased by X% y-o-y. In that year, the tea imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, tea imports stood at $X in 2017. In general, tea imports continue to indicate a strong expansion. In that year, the tea imports reached their peak level, and are likely to continue its growth in the immediate term.

Tea Imports by Country into Denmark

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 Denmark (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Russia ($X) and the U.S. ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

Among the main importing countries , Pakistan (+X% per year) experienced 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 Denmark

In 2017, the tea import price in Denmark amounted to $X per tonne, remaining stable against the previous year. In general, tea import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, an increase of X% y-o-y. Denmark import price peaked of $X per tonne in 2012; however, from 2013 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