Latest Report Update: May 25, 2021

Luxembourg - Tea - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Luxembourg: Tea Market Overview 2021

Webinar: Global Beef Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global beef market.

Thursday, September 16th, 2021 @ 10:00 am ET

Register Now

Tea Market Size in Luxembourg

The Luxembourg tea market shrank remarkably to $X in 2020, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a mild decline. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Tea Exports

Exports from Luxembourg

In 2020, overseas shipments of tea increased by X% to X tonnes for the first time since 2017, thus ending a two-year declining trend. Overall, exports saw a buoyant expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tea exports skyrocketed to $X in 2020. In general, exports posted a prominent expansion. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tonnes) was the main destination for tea exports from Luxembourg, accounting for a X% share of total exports. Moreover, tea exports to Belgium exceeded the volume sent to the second major destination, France (X tonnes), threefold. The Netherlands (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 Belgium totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the Netherlands (+X% per year).

In value terms, the largest markets for tea exported from Luxembourg were Belgium ($X), France ($X) and the Netherlands ($X), with a combined X% share of total exports. These countries were followed by the UK, which accounted for a further X UK (+X% per year) recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tea export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Over the period under review, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Belgium ($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 the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Tea Imports

Imports into Luxembourg

In 2020, overseas purchases of tea decreased by -X% to X tonnes, falling for the fifth year in a row after three years of growth. Overall, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2016 to 2020, the growth imports remained at a lower figure.

In value terms, tea imports shrank dramatically to $X in 2020. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tonnes), France (X tonnes) and Germany (X tonnes) were the main suppliers of tea imports to Luxembourg, together accounting for X% of total imports. The U.S., Portugal, the UK and the Netherlands lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Portugal, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tea suppliers to Luxembourg were Belgium ($X), France ($X) and Germany ($X), together accounting for X% of total imports. The U.S., the UK, Portugal and the Netherlands lagged somewhat behind, together accounting for a further X terms of the main suppliers, the U.S. recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tea import price stood at $X per tonne in 2020, flattening at the previous year. Overall, import price indicated a perceptible increase 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, tea import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2017 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2019, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per tonne), while the price for Portugal ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., 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 tea in the world?
+
The country with the largest volume of tea consumption was China (5.6M tonnes), accounting for 56% of total volume. Moreover, tea consumption in China exceeded the figures recorded by the second-largest consumer, India (1.3M tonnes), fourfold. The third position in this ranking was occupied by Turkey (269K tonnes), with a 2.7% share.
What are the largest producers of tea in the world?
+
China (6M tonnes) remains the largest tea producing country worldwide, accounting for 61% of total volume. Moreover, tea production in China exceeded the figures recorded by the second-largest producer, India (1.4M tonnes), fourfold. Kenya (467K tonnes) ranked third in terms of total production with a 4.7% share.
What are the leading suppliers of tea to Luxembourg?
+
In value terms, Belgium ($781K), France ($662K) and Germany ($493K) appeared to be the largest tea suppliers to Luxembourg, with a combined 74% share of total imports. These countries were followed by the U.S., the UK, Portugal and the Netherlands, which together accounted for a further 17%.
What are the leading importers of tea from Luxembourg?
+
In value terms, the largest markets for tea exported from Luxembourg were Belgium ($250K), France ($142K) and the Netherlands ($60K), together accounting for 89% of total exports. These countries were followed by the UK, which accounted for a further 1.3%.
What is the average export price for tea in Luxembourg?
+
In 2020, the average tea export price amounted to $8,629 per tonne, dropping by -30.8% against the previous year.
What is the average import price for tea in Luxembourg?
+
In 2020, the average tea import price amounted to $11,437 per tonne, standing approx. at the previous year.

Product coverage:
• FCL 667 - Tea

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Luxembourg
• 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
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 2007–2020
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:
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, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 10:00 am ET


Register

Webinar: Global Soybean Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global soybean market.



Tuesday, September 21st, 2021 @ 10:00 am ET


Register

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global anhydrous ammonia market.



Tuesday, June 15th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data