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

Tea Market Size in Vietnam

The revenue of the tea market in Viet Nam amounted to $X in 2018, growing by X% against the previous year. Over the period under review, tea consumption continues to indicate a strong increase. The pace of growth was the most pronounced in 2017 when the market value increased by X% y-o-y. Over the period under review, the tea market reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Tea Production in Vietnam

In value terms, tea production totaled $X in 2018 estimated in export prices. In general, the total output indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, tea production increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, tea production reached its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Average yield of tea in Viet Nam totaled X tonne per ha in 2018, going up by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when yield increased by X% against the previous year. Over the period under review, the average tea yield attained its peak figure level in 2018 and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Tea harvested area in Viet Nam totaled X ha in 2018, remaining relatively unchanged against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2017 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to tea production attained its peak figure in 2018 and is likely to continue its growth in the near future.

Tea Exports

Exports from Vietnam

In 2018, the amount of tea exported from Viet Nam amounted to X tonnes, going up by X% against the previous year. Overall, tea exports, however, continue to indicate a noticeable deduction. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Over the period under review, tea exports attained their peak figure at X tonnes in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, tea exports amounted to $X in 2018. In general, tea exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Exports peaked at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

Afghanistan (X tonnes), Pakistan (X tonnes) and Russia (X tonnes) were the main destinations of tea exports from Viet Nam, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Afghanistan, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tea exported from Viet Nam were Afghanistan ($X), Pakistan ($X) and Russia ($X), together accounting for X% of total exports.

Afghanistan experienced the highest growth rate of market size, among the main countries of destination over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average tea export price amounted to $X per tonne, dropping 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 export price increased by X% y-o-y. The export price peaked at $X per tonne in 2016; however, from 2017 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China ($X per tonne), while the average price for exports to Thailand ($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 China, while the prices for the other major destinations experienced more modest paces of growth.

Tea Imports

Imports into Vietnam

In 2018, the amount of tea imported into Viet Nam stood at X tonnes, picking up by X% against the previous year. Overall, tea imports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, tea imports attained their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, tea imports stood at $X in 2018. Overall, tea imports continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

China (X tonnes), China, Hong Kong SAR (X tonnes) and Malaysia (X tonnes) were the main suppliers of tea imports to Viet Nam, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Malaysia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of tea to Viet Nam, comprising X% of total tea imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

The average tea import price stood at $X per tonne in 2018, going up by X% against the previous year. In general, the tea import price, however, continues to indicate a drastic decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. In that year, the average import prices for tea attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average import prices for tea remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• FCL 667 - Tea

This report provides an in-depth analysis of the tea market in Vietnam. 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:
• Viet Nam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Vietnam
• 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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