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

Finland: Tea Market Overview 2019

Tea Market Size in Finland

The revenue of the tea market in Finland amounted to $X in 2017, shrinking by -X% against the previous year. Overall, tea consumption continues to indicate a mild increase. The most prominent rate of growth was recorded in 2011, when market value increased by X% y-o-y. Over the period under review, the tea market attained its maximum level of $X in 2016, and then declined slightly in the following year.

Tea Production in Finland

In 2017, production of tea in Finland amounted to X kg, flattening at the previous year. Overall, tea production continues to indicate a relatively flat trend pattern. Tea output in Finland 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 Finland amounted to X kg per ha in 2017, therefore, remained relatively stable against 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, approx. X ha of tea were harvested in Finland; remaining stable against the previous year. In general, tea harvested area continues to indicate a relatively flat trend pattern.

Tea Exports from Finland

Tea exports from Finland totaled X tonnes in 2017, declining by -X% against the previous year. In general, tea exports continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Finland exports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, tea exports amounted to $X in 2017. In general, tea exports continue to indicate a drastic descent. In that year, the tea exports reached their peak level of $X. From 2014 to 2017, growth of the tea exports stood at a somewhat lower level.

Tea Exports by Country from Finland

Kenya represented the key exporting country with an export of around X tonnes, which amounted to X% of total exports. 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. 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, with a combined X% share of total exports. India, the United Arab Emirates, Viet Nam, Indonesia, Argentina, Malawi, Uganda and Finland lagged somewhat behind, together comprising a further X%.

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

Tea Export Prices by Country in Finland

In 2017, the tea export price in Finland amounted to $X per tonne, jumping by X% against the previous year. In general, the export price indicated a strong expansion from 2007 to 2017: its price 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 export price increased by +X% against 2007 indices. The growth pace was the most rapid in 2011, when the export prices increased by X% y-o-y. Over the period under review, the export prices for tea reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

Export prices varied noticeably by the country of destination; 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 Finland

In 2017, the amount of tea imported into Finland stood at X tonnes, going up by X% against the previous year. In general, tea imports continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. Finland imports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, tea imports totaled $X in 2017. Overall, tea imports continue to indicate a measured decrease. Finland imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Tea Imports by Country into Finland

The imports of the twelve major importers of tea, namely Pakistan, Russia, the UK, the U.S., the United Arab Emirates, Iran, Kenya, Germany, Morocco, Turkey, Poland and Saudi Arabia, represented more than half 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.

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

Tea Import Prices by Country in Finland

The tea import price in Finland stood at $X per tonne in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% against the previous year. Finland import price peaked of $X per tonne in 2015; however, from 2016 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