Report Update Nov 1, 2024

Sweden - Tea - Market Analysis, Forecast, Size, Trends and Insights

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Sweden: Tea Market 2024

Tea Market Size in Sweden

The Swedish tea market dropped to $X in 2022, waning by -12.4% 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). Overall, consumption continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2016 when the market value increased by 9.8% against the previous year. Tea consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Tea Exports

Exports from Sweden

In 2022, the amount of tea exported from Sweden skyrocketed to X tons, increasing by 63% on 2021. Overall, exports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2015 with an increase of 99%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, tea exports surged to $X in 2022. Over the period under review, exports posted tangible growth. The most prominent rate of growth was recorded in 2015 when exports increased by 75% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Norway (X tons), Finland (X tons) and Denmark (X tons) were the main destinations of tea exports from Sweden, together comprising 88% of total exports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +10.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tea exported from Sweden were Norway ($X), Finland ($X) and Denmark ($X), with a combined 91% share of total exports. Germany lagged somewhat behind, accounting for a further 3.6%.

In terms of the main countries of destination, Germany, with a CAGR of +13.5%, recorded the highest rates of growth with regard to the value of exports, 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, rising by 5.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2014 an increase of 29%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($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 Germany (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tea Imports

Imports into Sweden

For the fourth year in a row, Sweden recorded decline in overseas purchases of tea, which decreased by -3.2% to X tons in 2022. Over the period under review, imports continue to indicate a pronounced slump. The growth pace was the most rapid in 2015 when imports increased by 5.4% against the previous year. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, tea imports fell modestly to $X in 2022. Overall, imports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2016 when imports increased by 11% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons) constituted the largest tea supplier to Sweden, accounting for a 45% share of total imports. Moreover, tea imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Sri Lanka (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.7% per year) and Sri Lanka (+0.3% per year).

In value terms, Poland ($X) constituted the largest supplier of tea to Sweden, comprising 43% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by Sri Lanka, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.5% per year) and Sri Lanka (+4.8% per year).

Import Prices by Country

In 2022, the average tea import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 10% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tea in the world?

China constituted the country with the largest volume of tea consumption, accounting for 40% of total volume. Moreover, tea consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Turkey ranked third in terms of total consumption with a 4% share.

What are the largest producers of tea in the world?

China constituted the country with the largest volume of tea production, accounting for 43% of total volume. Moreover, tea production in China exceeded the figures recorded by the second-largest producer, India, twofold. Kenya ranked third in terms of total production with an 8% share.

What are the leading suppliers of tea to Sweden?

In value terms, Poland, the UK and Germany appeared to be the largest tea suppliers to Sweden, together accounting for 67% of total imports. Sri Lanka, Denmark, India and the United Arab Emirates lagged somewhat behind, together comprising a further 26%.

What are the leading importers of tea from Sweden?

In value terms, Norway remains the key foreign market for tea exports from Sweden, comprising 62% of total exports. The second position in the ranking was occupied by Finland, with an 8.6% share of total exports. It was followed by Denmark, with a 6.3% share.

What is the average export price for tea in Sweden?

The average tea export price stood at $15,107 per ton in 2020, surging by 4.8% against the previous year.

What is the average import price for tea in Sweden?

The average tea import price stood at $10,834 per ton in 2020, approximately reflecting the previous year.

This report provides an in-depth analysis of the tea market in Sweden. 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:

Sweden

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sweden
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023