China - Tea - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTea Prices in China
China Tea Export Price in August 2022
In August 2022, the tea price stood at $5,760 per ton (FOB, China), picking up by 2.8% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2022 when the average export price increased by 15% month-to-month. The export price peaked at $6,105 per ton in January 2022; however, from February 2022 to August 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Hong Kong SAR ($30.1 per kg), while the average price for exports to Tunisia ($1,446 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
China Tea Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In August 2022, the product with the highest price was tea, black; (fermented) and partly fermented tea, in immediate packings of a content not exceeding 3kg ($31.1 per kg), while the average price for exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg ($4,042 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: tea, black; (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg (+1.3%), while the prices for the other products experienced a decline.
China Tea Exports
In August 2022, approximately 32K tons of tea were exported from China; which is down by -6.6% against the month before. Overall, exports showed a perceptible downturn. The growth pace was the most rapid in July 2022 when exports increased by 22% m-o-m. Over the period under review, the exports attained the peak figure at 38K tons in January 2022; however, from February 2022 to August 2022, the exports stood at a somewhat lower figure.
In value terms, tea exports fell slightly to $186M (IndexBox estimates) in August 2022. Over the period under review, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in March 2022 with an increase of 26% against the previous month. The exports peaked at 230K tons in January 2022; however, from February 2022 to August 2022, the exports remained at a lower figure.
China Tea Exports by Type
Tea, green; (not fermented), in immediate packings of a content exceeding 3kg (18K tons), tea, green; (not fermented), in immediate packings of a content not exceeding 3kg (9.7K tons) and tea, black; (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg (4.3K tons) were the main products of tea exports from China, together comprising 98% of total exports.
From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by tea, black; (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg (with a CAGR of -0.2%), while the other products experienced a decline.
In value terms, the most traded types of tea in China were tea, green; (not fermented), in immediate packings of a content exceeding 3kg ($71M), tea, green; (not fermented), in immediate packings of a content not exceeding 3kg ($53M) and tea, black; (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg ($40M), together accounting for 89% of total exports.
Tea, black; (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg, with a CAGR of +1.1%, recorded the highest growth rate of the value of exports, among the main product categories over the period under review, while shipments for the other products experienced a decline.
China Tea Exports by Country
Morocco (6.5K tons) was the main destination for tea exports from China, accounting for a 20% share of total exports. Moreover, tea exports to Morocco exceeded the volume sent to the second major destination, Ghana (2.2K tons), threefold. Russia (2K tons) ranked third in terms of total exports with a 6.3% share.
From January 2022 to August 2022, the average monthly growth rate of volume to Morocco totaled -3.6%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Ghana (+4.3% per month) and Russia (+4.4% per month).
In value terms, Hong Kong SAR ($32M), Morocco ($22M) and Vietnam ($19M) appeared to be the largest markets for tea exported from China worldwide, together comprising 40% of total exports. These countries were followed by Ghana, Togo, Germany, the United States, Russia, Senegal, Japan, Uzbekistan, Benin and Tunisia, which together accounted for a further 27%.
In terms of the main countries of destination, Tunisia, with a CAGR of +22.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the tea market in China. 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.
Product coverage:
- FCL 667 - Tea
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the tea market in China.
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This report provides an in-depth analysis of the global tea market.
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This report provides an in-depth analysis of the tea market in China.
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This report provides an in-depth analysis of the global tea market.
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From April 2023 to November 2023, the exports of Tea experienced a lower growth. The value of Tea exports amounted to $153M in November 2023.
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The tea market is growing rapidly, with new brands and products emerging all the time. But what trends are driving this growth?
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The global tea market revenue amounted to $25.9B in 2018, picking up by 7.7% against the previous year. Overall, the total market indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +4.3% over that period. Global
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Global tea consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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Global tea imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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From 2008 to 2015, global exports on the tea market showed mixed dynamics, amounting to X thousand tons in 2015. In value terms, they dropped to X million USD in 2015, which was X million USD less than the year before.
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The global tea market showed an upward trend from 2008 to 2013 and reached a peak at X thousand tons. However, in 2014, dynamics downturned. During the next two years, the global tea market decreased to X thousand tons.
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The volume of total imports on the global tea market in 2015 stood at X thousand tons. In value terms, imports of tea decreased to X million USD in 2015, which was X million USD (X%) less than the year before.
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From 2008 to 2013, global tea market production showed steady growth, reaching its peak level at X thousand tons. It was followed by a slight shrinkage over the next two years to X thousand tons in 2015.
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Cost-effective labour, plenty of market opportunities and increasing demand from importers are all factors that are making the African tea industry appear an attractive prospect for investors on global tea market. However, political instability and poo
