United Kingdom - Tea - Market Analysis, Forecast, Size, Trends and Insights

United Kingdom: Tea Market Overview 2019

Tea Market Size in the UK

The revenue of the tea market in the UK amounted to $X in 2017, approximately equating the previous year. Overall, tea consumption continues to indicate a deep decline. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. The UK tea consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Tea Production in the UK

In 2017, production of tea in the UK amounted to X kg, remaining relatively unchanged against the previous year. Overall, tea production continues to indicate a relatively flat trend pattern. Tea output in the UK 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.

In 2017, average tea yield in the UK stood at X kg per ha, 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 the UK; therefore, remained relatively stable against the previous year. Overall, tea harvested area continues to indicate a relatively flat trend pattern.

Tea Exports in the UK

In 2017, tea exports from the UK stood at X tonnes, shrinking by -X% against the previous year. In general, tea exports continue to indicate a deep contraction. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. The UK exports peaked of X tonnes in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, tea exports stood at $X in 2017. Overall, tea exports continue to indicate a deep shrinkage. In that year, the tea exports attained their peak level of $X. From 2011 to 2017, growth of the tea exports stood at a somewhat lower level.

Tea Exports by Country in the UK

Kenya was the largest exporting country with an export of around X tonnes, which amounted to X% of total exports. China (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Sri Lanka (X%) and India (X%). 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. China (-X%), India (-X%) and Kenya (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tea markets worldwide were China ($X), Sri Lanka ($X) and Kenya ($X), together accounting for X% of total exports. India, the United Arab Emirates, Viet Nam, the UK, Indonesia, Argentina, Malawi and Uganda lagged somewhat behind, together accounting for a further X%.

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

Tea Export Prices by Country in the UK

In 2017, the tea export price in the UK amounted to $X per kg, increasing by X% against the previous year. In general, tea export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when the export prices increased by X% against the previous year. Over the period under review, the export prices for tea attained its maximum level of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

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 in the UK

Tea imports into the UK stood at X tonnes in 2017, standing approx. at the previous year. Overall, tea imports continue to indicate a slight deduction. The growth pace was the most rapid in 2015, with an increase of X% year-to-year. The UK imports peaked of X tonnes in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, tea imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the tea imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Tea Imports by Country in the UK

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 comprising X% of total imports.

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

Tea Import Prices by Country in the UK

In 2017, the tea import price in the UK amounted to $X per tonne, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% y-o-y. Over the period under review, the import prices for tea reached its peak figure level in 2017, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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