Slovakia: Tea Market 2025

Tea Market Size in Slovakia

The Slovak tea market skyrocketed to $X in 2022, increasing by 49% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Tea consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Tea Exports

Exports from Slovakia

In 2022, after two years of growth, there was significant decline in overseas shipments of tea, when their volume decreased by -53% to X tons. Overall, exports faced a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of 95%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, tea exports contracted to $X in 2022. In general, exports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2015 with an increase of 64%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons), Austria (X tons) and Hungary (X tons) were the main destinations of tea exports from Slovakia, with a combined 80% share of total exports. Croatia, Russia, Germany, Poland and Ukraine lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +1,258.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tea exported from Slovakia were the Czech Republic ($X), Austria ($X) and Hungary ($X), together accounting for 68% of total exports. Russia, Germany, Croatia, Poland and Ukraine lagged somewhat behind, together accounting for a further 22%.

Croatia, with a CAGR of +541.5%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2022, the average tea export price amounted to $X per ton, growing by 82% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Ukraine ($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 Russia (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tea Imports

Imports into Slovakia

In 2022, overseas purchases of tea increased by 25% to X tons for the first time since 2014, thus ending a seven-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 29% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, tea imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 70%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland (X tons), Malawi (X tons) and the Czech Republic (X tons) were the main suppliers of tea imports to Slovakia, together comprising 49% of total imports.

From 2012 to 2022, the biggest increases were recorded for Malawi (with a CAGR of +128.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tea suppliers to Slovakia were Poland ($X), the Czech Republic ($X) and the UK ($X), with a combined 40% share of total imports. Germany, Malawi, the Netherlands, China, Hungary, Vietnam, Austria, Indonesia and Italy lagged somewhat behind, together accounting for a further 18%.

Malawi, with a CAGR of +78.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tea import price stood at $X per ton in 2022, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +5.1%. The growth pace was the most rapid in 2013 an increase of 33%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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