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Portugal - Tea - Market Analysis, Forecast, Size, Trends and Insights
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Portugal: Tea Market Overview 2020

Tea Market Size in Portugal

The revenue of the tea market in Portugal amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, tea consumption, however, continues to indicate a measured slump. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. Over the period under review, the tea market attained its maximum level at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Tea Production in Portugal

In value terms, tea production totaled $X in 2018 estimated in export prices. Over the period under review, tea production continues to indicate a moderate shrinkage. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, tea production attained its peak level of $X. From 2009 to 2018, tea production growth remained at a somewhat lower figure.

Average yield of tea in Portugal totaled X tonne per ha in 2018, jumping by X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. 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 average tea yield attained its peak figure level in 2018 and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of tea production in Portugal stood at X ha, reducing by -X% against the previous year. Overall, the tea harvested area continues to indicate an abrupt curtailment. Over the period under review, the harvested area dedicated to tea production attained its peak figure at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Tea Exports

Exports from Portugal

In 2018, approx. X tonnes of tea were exported from Portugal; going down by -X% against the previous year. Over the period under review, tea exports continue to indicate a temperate downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Exports peaked at X tonnes in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, tea exports amounted to $X in 2018. Over the period under review, tea exports continue to indicate a temperate expansion. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Angola (X tonnes) was the main destination for tea exports from Portugal, accounting for a X% share of total exports. Moreover, tea exports to Angola exceeded the volume sent to the second major destination, France (X tonnes), fourfold. Luxembourg (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Angola totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Luxembourg (+X% per year).

In value terms, Angola ($X) remains the key foreign market for tea exports from Portugal, comprising X% of total tea exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Angola stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Canada (+X% per year).

Export Prices by Country

In 2018, the average tea export price amounted to $X per tonne, waning by -X% against the previous year. Overall, the tea export price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the average export prices for tea reached their maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Angola ($X per tonne), while the average price for exports to Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde, while the prices for the other major destinations experienced more modest paces of growth.

Tea Imports

Imports into Portugal

Tea imports into Portugal stood at X tonnes in 2018, growing by X% against the previous year. Over the period under review, tea imports, however, continue to indicate a measured setback. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, tea imports stood at $X in 2018. Overall, tea imports, however, continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Over the period under review, tea imports attained their peak figure at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Spain (X tonnes) constituted the largest supplier of tea to Portugal, accounting for a X% share of total imports. Moreover, tea imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold. Poland (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Spain totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Poland (+X% per year).

In value terms, Spain ($X), Germany ($X) and Poland ($X) appeared to be the largest tea suppliers to Portugal, with a combined X% share of total imports.

Among the main suppliers, Poland recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tea import price stood at $X per tonne in 2018, waning by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Product coverage:
• FCL 667 - Tea

This report provides an in-depth analysis of the tea market in Portugal. 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 2030.


Country coverage:
• Portugal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Portugal
• 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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