Belgium: Tea Market 2024

Tea Market Size in Belgium

The Belgian tea market declined sharply to $X in 2022, shrinking by -61.7% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped significantly in the following year.

Tea Production in Belgium

In value terms, tea production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 20%. Tea production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

The average yield of tea in Belgium was estimated at less than X kg per ha in 2022, therefore, remained relatively stable against the previous year. In general, the 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.

The tea harvested area in Belgium was estimated at less than X ha in 2022, remaining constant against 2021 figures. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Tea Exports

Exports from Belgium

Tea exports from Belgium soared to X tons in 2022, rising by 63% against the year before. Overall, exports, however, continue to indicate a mild descent. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, tea exports skyrocketed to $X in 2022. In general, exports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2020 with an increase of 67% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for tea exports from Belgium, accounting for a 33% share of total exports. Moreover, tea exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), twofold. Germany (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-6.1% per year) and Germany (-10.4% per year).

In value terms, the largest markets for tea exported from Belgium were the Netherlands ($X), France ($X) and Spain ($X), together accounting for 64% of total exports. Luxembourg, Germany, Italy and Mali lagged somewhat behind, together accounting for a further 19%.

Mali, with a CAGR of +107.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tea export price stood at $X per ton in 2022, falling by -8% against the previous year. In general, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+0.1%), while the prices for the other major destinations experienced a decline.

Tea Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in overseas purchases of tea, when their volume decreased by -12.5% to X tons. Over the period under review, imports showed a mild reduction. The pace of growth was the most pronounced in 2020 with an increase of 87% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, tea imports shrank slightly to $X in 2022. In general, imports, however, showed a measured increase. The pace of growth appeared the most rapid in 2020 with an increase of 61%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), the Netherlands (X tons) and Poland (X tons) were the main suppliers of tea imports to Belgium, with a combined 44% share of total imports. India, Germany, France, Malawi, Turkey, Sri Lanka, Zimbabwe, the UK and Indonesia lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +16.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tea suppliers to Belgium were France ($X), the Netherlands ($X) and China ($X), together accounting for 56% of total imports.

Among the main suppliers, France, with a CAGR of +13.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tea import price amounted to $X per ton, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22%. Over the period under review, average import prices hit record highs 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 supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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