Colombia: Tea Market 2025

Tea Market Size in Colombia

The Colombian tea market reduced rapidly to $X in 2022, declining by -17% against the previous year. Over the period under review, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +53.1% against 2020 indices. As a result, consumption attained the peak level of $X, and then contracted remarkably in the following year.

Tea Production in Colombia

In value terms, tea production stood at $X in 2022 estimated in export price. Overall, production recorded notable growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 18%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

In 2022, the average tea yield in Colombia stood at less than X kg per ha, approximately equating 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 Colombia was estimated at less than X ha in 2022, standing approx. at 2021. Overall, the harvested area showed a relatively flat trend pattern.

Tea Exports

Exports from Colombia

In 2022, exports of tea from Colombia skyrocketed to X tons, picking up by 185% compared with the previous year. Over the period under review, exports posted notable growth. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, tea exports soared to $X in 2022. In general, exports posted a strong expansion. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Panama (X tons) was the main destination for tea exports from Colombia, with a 69% share of total exports. Moreover, tea exports to Panama exceeded the volume sent to the second major destination, Germany (X tons), sevenfold. The United States (X tons) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Panama stood at +15.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+88.1% per year) and the United States (+15.8% per year).

In value terms, Panama ($X) remains the key foreign market for tea exports from Colombia, comprising 58% of total exports. The second position in the ranking was taken by Germany ($X), with a 13% share of total exports. It was followed by the United States, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama amounted to +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+111.9% per year) and the United States (+8.8% per year).

Export Prices by Country

In 2022, the average tea export price amounted to $X per ton, declining by -5.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Panama ($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 Germany (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Tea Imports

Imports into Colombia

In 2022, the amount of tea imported into Colombia reduced to X tons, which is down by -7.2% on 2021 figures. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 31% against the previous year. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, tea imports shrank to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), Ecuador (X tons) and China (X tons) were the main suppliers of tea imports to Colombia, with a combined 79% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +115.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tea suppliers to Colombia were India ($X), Poland ($X) and China ($X), with a combined 52% share of total imports.

Among the main suppliers, India, with a CAGR of +63.0%, recorded 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, surging by 2.1% against the previous year. Overall, the import price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :