![World - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/world-extracts-essences-and-concentrates-of-tea-or-mate-market-analysis-forecast-size-trends-and-insights.webp)
World - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingExtracts Of Tea Market
The global market for extracts, essences, and concentrates of tea or mate is expected to continue its upward consumption trend, with forecasted growth in both volume and value terms from 2022 to 2030. China leads in consumption volume and value, while Spain is the key exporter. The United States is the largest importer, with significant growth potential in countries like Taiwan, Malaysia, and Mexico. Overall, the market is poised for growth, driven by increasing demand worldwide.
Market Forecast
Driven by increasing demand for extracts, essences and concentrates of tea or mate worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +3.6% for the period from 2022 to 2030, which is projected to bring the market volume to 1.1M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +6.0% for the period from 2022 to 2030, which is projected to bring the market value to $9B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Extracts, Essences And Concentrates Of Tea Or Mate
In 2022, approx. 840K tons of extracts, essences and concentrates of tea or mate were consumed worldwide; approximately equating 2021. Over the period under review, consumption recorded a modest increase. As a result, consumption attained the peak volume of 884K tons. From 2015 to 2022, the growth of the global consumption failed to regain momentum.
The global extracts of tea market value was estimated at $5.6B in 2022, approximately equating 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). The market value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Global consumption peaked at $5.7B in 2020; however, from 2021 to 2022, consumption failed to regain momentum.
Consumption By Country
China (141K tons) constituted the country with the largest volume of extracts of tea consumption, accounting for 17% of total volume. Moreover, extracts of tea consumption in China exceeded the figures recorded by the second-largest consumer, the United States (60K tons), twofold. The third position in this ranking was held by India (46K tons), with a 5.5% share.
From 2012 to 2022, the average annual growth rate of volume in China totaled +4.3%. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+1.7% per year) and India (+2.9% per year).
In value terms, China ($1.4B) led the market, alone. The second position in the ranking was taken by India ($333M). It was followed by Japan.
In China, the extracts of tea market increased at an average annual rate of +6.1% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: India (+3.0% per year) and Japan (-0.1% per year).
The countries with the highest levels of extracts of tea per capita consumption in 2022 were Canada (459 kg per 1000 persons), the UK (300 kg per 1000 persons) and France (247 kg per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Canada (with a CAGR of +9.8%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Extracts, Essences And Concentrates Of Tea Or Mate
Global extracts of tea production totaled 942K tons in 2022, rising by 2.7% on 2021 figures. The total output volume increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2014 with an increase of 16%. As a result, production reached the peak volume of 972K tons. From 2015 to 2022, global production growth remained at a lower figure.
In value terms, extracts of tea production rose modestly to $5.6B in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by 23% against the previous year. Over the period under review, global production hit record highs at $5.7B in 2020; however, from 2021 to 2022, production remained at a lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were China (153K tons), Spain (110K tons) and Canada (58K tons), with a combined 34% share of global production. India, Japan, Indonesia, Nigeria, Pakistan, Brazil, Germany, the UK, Bangladesh and Thailand lagged somewhat behind, together accounting for a further 26%.
From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +4.9%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Extracts, Essences And Concentrates Of Tea Or Mate
In 2022, approx. 225K tons of extracts, essences and concentrates of tea or mate were imported worldwide; surging by 7.8% on the previous year. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, global imports attained the peak figure at 230K tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
In value terms, extracts of tea imports reached $1.4B in 2022. The total import value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 16% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to continue growth in years to come.
Imports By Country
In 2022, the United States (78K tons) represented the key importer of extracts, essences and concentrates of tea or mate, mixing up 35% of total imports. Germany (12K tons) held a 5.3% share (based on physical terms) of total imports, which put it in second place, followed by Canada (4.6%). The Philippines (8.9K tons), Chile (8.1K tons), Ireland (6.8K tons), the Netherlands (6.3K tons), the United Arab Emirates (5K tons), France (4.6K tons), Spain (4.3K tons), Singapore (4.2K tons) and Japan (4K tons) followed a long way behind the leaders.
The United States experienced a relatively flat trend pattern with regard to volume of imports of extracts, essences and concentrates of tea or mate. At the same time, Chile (+33.8%), the Philippines (+14.3%), the United Arab Emirates (+9.7%), Singapore (+6.8%), Ireland (+4.6%), France (+3.6%), Canada (+3.2%) and Japan (+2.9%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in the world, with a CAGR of +33.8% from 2012-2022. By contrast, Spain (-2.8%), the Netherlands (-7.3%) and Germany (-8.0%) illustrated a downward trend over the same period. While the share of Chile (+3.4 p.p.) and the Philippines (+2.9 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the Netherlands (-3.5 p.p.) and Germany (-7.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($239M) constitutes the largest market for imported extracts, essences and concentrates of tea or mate worldwide, comprising 18% of global imports. The second position in the ranking was taken by the Netherlands ($100M), with a 7.4% share of global imports. It was followed by France, with a 6% share.
In the United States, extracts of tea imports expanded at an average annual rate of +3.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+0.6% per year) and France (+5.8% per year).
Import Prices By Country
The average extracts of tea import price stood at $6,015 per ton in 2022, declining by -2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 8.9%. Over the period under review, average import prices attained the peak figure at $6,153 per ton in 2021, and then dropped slightly in the following year.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($17,610 per ton), while the Philippines ($2,213 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Extracts, Essences And Concentrates Of Tea Or Mate
In 2022, overseas shipments of extracts, essences and concentrates of tea or mate increased by 11% to 327K tons, rising for the third consecutive year after three years of decline. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 339K tons. From 2014 to 2022, the growth of the global exports remained at a lower figure.
In value terms, extracts of tea exports expanded sharply to $1.4B in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 20% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Exports By Country
Spain was the key exporter of extracts, essences and concentrates of tea or mate in the world, with the volume of exports amounting to 107K tons, which was approx. 33% of total exports in 2022. It was distantly followed by Canada (50K tons), the United States (19K tons) and Germany (16K tons), together creating a 26% share of total exports. China (14K tons), Thailand (11K tons), India (11K tons), Mexico (9.8K tons), Malaysia (9.4K tons), the Netherlands (8.6K tons), Ireland (7.1K tons), Taiwan (Chinese) (6.8K tons) and Poland (5.7K tons) took a relatively small share of total exports.
Spain experienced a relatively flat trend pattern with regard to volume of exports of extracts, essences and concentrates of tea or mate. At the same time, Taiwan (Chinese) (+9.9%), Malaysia (+9.6%), Mexico (+9.3%), India (+7.6%), Poland (+7.0%), the Netherlands (+4.7%), Germany (+4.1%) and China (+3.8%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in the world, with a CAGR of +9.9% from 2012-2022. Ireland and Canada experienced a relatively flat trend pattern. By contrast, the United States (-1.9%) and Thailand (-7.6%) illustrated a downward trend over the same period. While the share of Mexico (+1.7 p.p.), Malaysia (+1.7 p.p.) and India (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the United States (-1.8 p.p.), Canada (-2.3 p.p.), Spain (-3.6 p.p.) and Thailand (-4.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the Netherlands ($263M), China ($186M) and the United States ($150M) appeared to be the countries with the highest levels of exports in 2022, with a combined 42% share of global exports. Ireland, Germany, India, Canada, Spain, Malaysia, Thailand, Taiwan (Chinese), Mexico and Poland lagged somewhat behind, together accounting for a further 38%.
Taiwan (Chinese), with a CAGR of +16.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average extracts of tea export price amounted to $4,383 per ton, falling by -4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2021 when the average export price increased by 12%. As a result, the export price reached the peak level of $4,572 per ton, and then dropped in the following year.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($30,452 per ton), while Spain ($481 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+11.7%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global extracts of tea market. 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:
- Prodcom 10831400 - Extracts, essences and concentrates of tea or mate, and preparations with a basis of these extracts, essences or concentrates, or with a basis of tea or mate
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global extracts of tea market.
This report provides an in-depth analysis of the global roasted coffee substitutes market.
Global Extracts Of Coffee Market Report 2018. This report provides an in-depth analysis of the global extracts of coffee market.
This report provides an in-depth analysis of the global market for salted, dried, or smoked pig meat other than hams or bellies.
This report provides an in-depth analysis of the global market for salted, dried, or smoked hams, shoulders and cuts of swine.
This report provides an in-depth analysis of the global market for salted, dried, or smoked swine bellies.
This report provides an in-depth analysis of the global flat-rolled steel products market.
This report provides an in-depth analysis of the global bacon and ham market.
This report provides an in-depth analysis of the global coffee extract market.
Explore the world's best import markets for flat-rolled steel products and key statistics. Learn about the leading countries in steel imports.
In value terms, alloy steel bars, rods, shapes and sections imports totaled $X in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total imports value increased at an average an...
In value terms, steel, alloy, hot-rolled bars and rods imports stood at $X in 2016. Overall, steel, alloy, hot-rolled bars and rods imports continue to indicate a remarkable expansion. Over the per...
In value terms, alloy steel flat-rolled products imports amounted to $X in 2016. In general, alloy steel flat-rolled products imports continue to indicate a pronounced downturn. Over the period und...
In value terms, alloy steel in ingots and other primary forms imports stood at $X in 2016. Overall, alloy steel in ingots and other primary forms imports continue to indicate a significant downturn...
In value terms, flat-rolled products of iron and non-alloy steel imports totaled $X in 2016. In general, flat-rolled products of iron and non-alloy steel imports continue to indicate a mild setback....
In value terms, semi-finished products of iron and non-alloy steel imports totaled $X in 2016. In general, semi-finished products of iron and non-alloy steel imports continue to indicate a pronounce...
In value terms, alloy steel bars, rods, shapes and sections exports totaled $X in 2016. In general, alloy steel bars, rods, shapes and sections exports continue to indicate a remarkable increase. Gl...
In value terms, steel, alloy, hot-rolled bars and rods exports stood at $X in 2016. In general, steel, alloy, hot-rolled bars and rods exports continue to indicate a remarkable growth. Over the per...
In value terms, alloy steel flat-rolled products exports stood at $X in 2016. In general, alloy steel flat-rolled products exports continue to indicate a significant slump. Global alloy steel flat-...