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World - Tea - Market Analysis, Forecast, Size, Trends and Insights
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Global Tea Market Overview 2021

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Tea Market Size

After thirteen years of growth, the global tea market decreased by -X% to $X in 2020. Overall, the total consumption indicated a strong increase from 2007 to 2020: its value 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, consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. Over the period under review, the global market attained the peak level at $X in 2019, and then dropped slightly in the following year.

Tea Production

In value terms, tea production dropped modestly to $X in 2020 estimated in export prices. Over the period under review, production saw prominent growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, global production attained the peak level at $X in 2019, and then contracted slightly in the following year.

China (X tonnes) constituted the country with the largest volume of tea production, accounting for X% of total volume. Moreover, tea production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. The third position in this ranking was occupied by Kenya (X tonnes), with a X% share.

In China, tea production expanded at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: India (+X% per year) and Kenya (+X% per year).

In 2020, the global average yield of tea shrank modestly to X tonnes per ha, approximately reflecting 2019 figures. In general, the yield recorded a slight decrease. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, the average tea yield hit record highs at X tonnes per ha in 2013; however, from 2014 to 2020, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of tea production worldwide expanded notably to X ha, surging by X% compared with the year before. In general, the total harvested area indicated a temperate expansion from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, tea harvested area increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2017 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to tea production reached the peak figure in 2020 and is likely to continue growth in years to come.

Production By Country

The country with the largest volume of tea production was China (X tonnes), accounting for X% of total volume. Moreover, tea production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), twofold. The third position in this ranking was occupied by Kenya (X tonnes), with a X% share.

In China, tea production expanded at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and Kenya (+X% per year).

Tea Exports

Exports

In 2020, the amount of tea exported worldwide expanded sharply to X tonnes, growing by X% against the previous year's figure. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Global exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, tea exports expanded to $X in 2020. The total export value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, global exports attained the maximum at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Kenya (X tonnes), China (X tonnes), Sri Lanka (X tonnes) and India (X tonnes) represented the main exporter of tea in the world, mixing up X% of total export. It was distantly followed by Viet Nam (X tonnes), committing a X% share of total exports. The following exporters - Argentina (X tonnes), Uganda (X tonnes), Indonesia (X tonnes) and Malawi (X tonnes) - together made up X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Uganda, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest tea supplying countries worldwide were China ($X), Sri Lanka ($X) and Kenya ($X), with a combined X% share of global exports. These countries were followed by India, Viet Nam, Indonesia, Malawi, Uganda and Argentina, which together accounted for a further X terms of the main exporting countries, Uganda recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average tea export price stood at $X per tonne in 2020, reducing by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% against the previous year. Global export price peaked at $X per tonne in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Tea Imports

Imports

In 2020, approx. X tonnes of tea were imported worldwide; which is down by -X% against the year before. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, tea imports contracted to $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Over the period under review, global imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Pakistan (X tonnes), followed by Russia (X tonnes), the UK (X tonnes) and the U.S. (X tonnes) were the major importers of tea, together creating X% of total imports. Iran (X tonnes), Egypt (X tonnes), the United Arab Emirates (X tonnes), China (X tonnes), Poland (X tonnes), Germany (X tonnes), India (X tonnes), Uzbekistan (X tonnes) and Kazakhstan (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by China, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest tea importing markets worldwide were Pakistan ($X), the U.S. ($X) and Russia ($X), with a combined X% share of global imports. These countries were followed by the UK, Iran, Egypt, Germany, China, the United Arab Emirates, Poland, Kazakhstan, India and Uzbekistan, which together accounted for a further X saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average tea import price amounted to $X per tonne, dropping by -X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tea in the world?
+
China (2.7M tonnes) constituted the country with the largest volume of tea consumption, comprising approx. 40% of total volume. Moreover, tea consumption in China exceeded the figures recorded by the second-largest consumer, India (1.3M tonnes), twofold. Turkey (301K tonnes) ranked third in terms of total consumption with a 4.5% share.
What are the largest producers of tea in the world?
+
The country with the largest volume of tea production was China (3M tonnes), comprising approx. 43% of total volume. Moreover, tea production in China exceeded the figures recorded by the second-largest producer, India (1.4M tonnes), twofold. The third position in this ranking was occupied by Kenya (560K tonnes), with a 8.1% share.
What are the leading exporters of tea in the world?
+
In value terms, China ($2B), Sri Lanka ($1.3B) and Kenya ($1.2B) appeared to be the countries with the highest levels of exports in 2020, together accounting for 58% of global exports. These countries were followed by India, Viet Nam, Indonesia, Malawi, Uganda and Argentina, which together accounted for a further 15%.
What are the leading importers of tea in the world?
+
In value terms, Pakistan ($590M), the U.S. ($474M) and Russia ($364M) were the countries with the highest levels of imports in 2020, together accounting for 24% of global imports. These countries were followed by the UK, Iran, Egypt, Germany, China, the United Arab Emirates, Poland, Kazakhstan, India and Uzbekistan, which together accounted for a further 28%.
What is the average export price for tea in the world?
+
In 2020, the average tea export price amounted to $3,782 per tonne, shrinking by -4.9% against the previous year.
What is the average import price for tea in the world?
+
In 2020, the average tea import price amounted to $3,493 per tonne, which is down by -2% against the previous year.

Product coverage:
• FCL 667 - Tea

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



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Harvested Area, By Country, 2007–2020
Table 7:
Yield, By Country, 2007–2020
Table 8:
Imports, In Physical Terms, By Country, 2007–2020
Table 9:
Imports, In Value Terms, By Country, 2007–2020
Table 10:
Import Prices, By Country Of Destination, 2007–2020
Table 11:
Exports, In Physical Terms, By Country, 2007–2020
Table 12:
Exports, In Value Terms, By Country, 2007–2020
Table 13:
Export Prices, By Country Of Origin, 2007–2020
Table 14:
Producer Prices, By Major Producing Country, 2020
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2020
Figure 18:
Production, In Value Terms, 2007–2020
Figure 19:
Area Harvested, 2007–2020
Figure 20:
Yield, 2007–2020
Figure 21:
Production, By Country, 2020
Figure 22:
Production, In Physical Terms, By Country, 2007–2020
Figure 23:
Harvested Area, By Country, 2020
Figure 24:
Harvested Area, By Country, 2007–2020
Figure 25:
Yield, By Country, 2007–2020
Figure 26:
Imports, In Physical Terms, 2007–2020
Figure 27:
Imports, In Value Terms, 2007–2020
Figure 28:
Imports, In Physical Terms, By Country, 2020
Figure 29:
Imports, In Physical Terms, By Country, 2007–2020
Figure 30:
Imports, In Value Terms, By Country, 2007–2020
Figure 31:
Import Prices, By Country, 2007–2020
Figure 32:
Exports, In Physical Terms, 2007–2020
Figure 33:
Exports, In Value Terms, 2007–2020
Figure 34:
Exports, In Physical Terms, By Country, 2020
Figure 35:
Exports, In Physical Terms, By Country, 2007–2020
Figure 36:
Exports, In Value Terms, By Country, 2007–2020
Figure 37:
Export Prices, 2007–2020

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