Democratic Republic of the Congo: Tea Market 2020

Tea Market Size in Democratic Republic of the Congo

The revenue of the tea market in Democratic Republic of the Congo amounted to $X in 2018, rising by X% against the previous year. In general, the total market indicated buoyant growth 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 consumption decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Democratic Republic of the Congo tea consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Tea Production in Democratic Republic of the Congo

In value terms, tea production totaled $X in 2018 estimated in export prices. In general, the total output indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, tea production decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, tea production reached its peak figure level at $X in 2014; however, from 2015 to 2018, production remained at a lower figure.

Average yield of tea in Democratic Republic of the Congo stood at X kg per ha in 2018, approximately equating the previous year. Over the period under review, the tea yield continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2008 when yield increased by X% y-o-y. In that year, the tea yield attained its peak level of X kg per ha. From 2009 to 2018, the growth of the tea yield remained at a somewhat lower figure. 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 Democratic Republic of the Congo totaled X ha in 2018, increasing by X% against the previous year. In general, the tea harvested area continues to indicate remarkable growth. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to tea production reached its peak figure in 2018 and is expected to retain its growth in the near future.

Tea Exports

Exports from Democratic Republic of the Congo

In 2018, approx. X tons of tea were exported from Democratic Republic of the Congo; picking up by X% against the previous year. In general, tea exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. In that year, tea exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, tea exports amounted to $X in 2018. In general, tea exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, tea exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

Kenya (X tons), China (X tons), Sri Lanka (X tons) and India (X tons) represented roughly X% of total exports of tea in 2018. Argentina (X tons), Vietnam (X tons), Indonesia (X tons), Free Zones (X tons) and Malawi (X tons) held a little share of total exports.

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

In value terms, China ($X), Sri Lanka ($X) and Kenya ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. India, Free Zones, Vietnam, Indonesia, Argentina, Malawi and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X Republic of the Congo experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The tea export price in Democratic Republic of the Congo stood at $X per ton in 2018, jumping 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 was the most pronounced in 2008 when the export price increased by X% against the previous year. Democratic Republic of the Congo export price peaked at $X per ton in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Free Zones ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Tea Imports

Imports into Democratic Republic of the Congo

In 2018, approx. X tons of tea were imported into Democratic Republic of the Congo; picking up by X% against the previous year. In general, tea imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Democratic Republic of the Congo imports peaked at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, tea imports amounted to $X in 2018. In general, the total imports indicated mild growth from 2007 to 2018: its value decreased 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 imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2009 when imports increased by X% year-to-year. Democratic Republic of the Congo imports peaked at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Pakistan (X tons), Russia (X tons), the UK (X tons), the U.S. (X tons), Egypt (X tons), Iran (X tons), the United Arab Emirates (X tons), Germany (X tons), Iraq (X tons), Poland (X tons), Saudi Arabia (X tons) and China (X tons) represented the key importers of tea in the world, making up X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Russia ($X) and the U.S. ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by the UK, Iran, Egypt, the United Arab Emirates, Germany, Saudi Arabia, China, Iraq, Poland and Democratic Republic of the Congo, which together accounted for a further X experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The tea import price in Democratic Republic of the Congo stood at $X per ton in 2018, shrinking by -X% against the previous year. Overall, the import price indicated prominent growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when the import price increased by X% against the previous year. In that year, the import prices for tea attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the import prices for tea remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform