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India - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
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India: Extracts Of Tea Market Overview 2021

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Extracts Of Tea Market Size in India

In 2020, the Indian extracts of tea market increased by X% to $X, rising for the seventh year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Extracts of tea consumption peaked in 2020 and is expected to retain growth in years to come.

Extracts Of Tea Production in India

In value terms, extracts of tea production rose significantly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level in 2020 and is expected to retain growth in the near future.

Extracts Of Tea Exports

Exports from India

In 2020, after four years of growth, there was significant decline in overseas shipments of extracts, essences and concentrates of tea or mate, when their volume decreased by -X% to X tonnes. Overall, exports, however, saw strong growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2019, and then fell in the following year.

In value terms, extracts of tea exports reduced to $X in 2020. In general, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at $X in 2019, and then shrank in the following year.

Exports by Country

The U.S. (X tonnes) was the main destination for extracts of tea exports from India, with a X% share of total exports. Moreover, extracts of tea exports to the U.S. exceeded the volume sent to the second major destination, the United Arab Emirates (X tonnes), twofold. Ireland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Ireland (+X% per year).

In value terms, the U.S. ($X), Ireland ($X) and Japan ($X) constituted the largest markets for extracts of tea exported from India worldwide, with a combined X% share of total exports. Myanmar, the United Arab Emirates, the UK, the Philippines, Canada, Saudi Arabia, Thailand, Kuwait, Italy and Qatar lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Myanmar (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average extracts of tea export price amounted to $X per tonne, picking up 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 appeared the most rapid in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Ireland ($X per tonne), while the average price for exports to the United Arab Emirates ($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 Kuwait, while the prices for the other major destinations experienced more modest paces of growth.

Extracts Of Tea Imports

Imports into India

In 2020, the amount of extracts, essences and concentrates of tea or mate imported into India skyrocketed to X tonnes, jumping by X% on 2019 figures. In general, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, extracts of tea imports surged to $X in 2020. Overall, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Ecuador (X tonnes), China (X tonnes) and Japan (X tonnes) were the main suppliers of extracts of tea imports to India, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Ecuador (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Japan (+X% per year).

Import Prices by Country

In 2020, the average extracts of tea import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, import price indicated moderate 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, extracts of tea import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for Georgia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, 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 extracts, essences and concentrates of tea or mate in the world?
+
China (177K tonnes) constituted the country with the largest volume of extracts of tea consumption, accounting for 18% of total volume. Moreover, extracts of tea consumption in China exceeded the figures recorded by the second-largest consumer, India (70K tonnes), threefold. The U.S. (54K tonnes) ranked third in terms of total consumption with a 5.6% share.
What are the largest producers of extracts, essences and concentrates of tea or mate in the world?
+
The country with the largest volume of extracts of tea production was China (188K tonnes), accounting for 21% of total volume. Moreover, extracts of tea production in China exceeded the figures recorded by the second-largest producer, India (76K tonnes), twofold. Japan (38K tonnes) ranked third in terms of total production with a 4.1% share.
What are the leading suppliers of extracts, essences and concentrates of tea or mate to India?
+
In value terms, China ($5.7M) constituted the largest supplier of extracts of tea to India, comprising 53% of total imports. The second position in the ranking was occupied by the U.S. ($1M), with a 9.3% share of total imports. It was followed by Japan, with a 8.3% share.
What are the leading importers of extracts, essences and concentrates of tea or mate from India?
+
In value terms, the largest markets for extracts of tea exported from India were the U.S. ($14M), Ireland ($8.8M) and Japan ($4.5M), together accounting for 51% of total exports. These countries were followed by Myanmar, the United Arab Emirates, the UK, the Philippines, Canada, Saudi Arabia, Thailand, Kuwait, Italy and Qatar, which together accounted for a further 32%.
What is the average export price for extracts, essences and concentrates of tea or mate in India?
+
In 2020, the average extracts of tea export price amounted to $7,448 per tonne, growing by 8.7% against the previous year.
What is the average import price for extracts, essences and concentrates of tea or mate in India?
+
The average extracts of tea import price stood at $11,589 per tonne in 2020, with an increase of 5.8% against the previous year.

Product coverage:
• Prodcom 10831400 - Extracts, essences and concentrates of tea or mate, and preparations with a basis of these extracts, essences or concentrates, or with a basis of tea or mate

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in India
• 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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