SADC: Tea Market 2024

Tea Market Size in SADC

The SADC tea market declined slightly to $X in 2022, reducing by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Tea Production in SADC

In value terms, tea production declined slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The countries with the highest volumes of production in 2022 were Malawi (X tons), Tanzania (X tons) and Zimbabwe (X tons), with a combined X% share of total production.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

Tea Exports

Exports in SADC

Tea exports stood at X tons in 2022, approximately reflecting 2021. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, tea exports contracted slightly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Malawi (X tons) was the major exporter of tea, generating X% of total exports. Tanzania (X tons) held the second position in the ranking, distantly followed by Zimbabwe (X tons) and South Africa (X tons). All these countries together held approx. X% share of total exports. Mozambique (X tons) and Lesotho (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to tea exports from Malawi stood at X%. At the same time, Mozambique (X%), Tanzania (X%) and Lesotho (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Zimbabwe experienced a relatively flat trend pattern. By contrast, South Africa (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), Mozambique (X p.p.) and Malawi (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malawi ($X) remains the largest tea supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Malawi was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price recorded a slight decrease. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lesotho (X%), while the other leaders experienced more modest paces of growth.

Tea Imports

Imports in SADC

In 2022, overseas purchases of tea decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a slight decline. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, tea imports contracted to $X in 2022. In general, imports continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Africa represented the main importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by Mozambique (X tons) and Botswana (X tons), together mixing up a X% share of total imports. The following importers - Zambia (X tons), Namibia (X tons), Angola (X tons), Swaziland (X tons) and Mauritius (X tons) - together made up X% of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Mauritius (X%), Zambia (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Botswana (X%), Angola (X%), Mozambique (X%) and Namibia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa and Mauritius increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported tea in SADC, comprising X% of total imports. The second position in the ranking was held by Botswana ($X), with a X% share of total imports. It was followed by Mozambique, with a X% share.

In South Africa, tea imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Botswana (X% per year) and Mozambique (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, picking up by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Angola ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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