South Africa - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExtracts of Tea Price in South Africa - 2023
Contents:
- Extracts of Tea Price in South Africa (CIF) - 2022
- Extracts of Tea Price in South Africa (FOB) - 2022
- Extracts of Tea Imports in South Africa
- Extracts of Tea Exports in South Africa
Extracts of Tea Price in South Africa (CIF) - 2022
The average extracts of tea import price stood at $11,031 per ton in 2022, with an increase of 18% against the previous year. Overall, the import price, however, showed a deep slump. Over the period under review, average import prices reached the maximum at $26,969 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($51,716 per ton), while the price for India ($2,832 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.8%), while the prices for the other major suppliers experienced a decline.
Extracts of Tea Price in South Africa (FOB) - 2022
The average extracts of tea export price stood at $5,789 per ton in 2022, dropping by -32.7% against the previous year. Overall, the export price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 134% against the previous year. Over the period under review, the average export prices hit record highs at $8,605 per ton in 2021, and then declined markedly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($14,556 per ton), while the average price for exports to Zimbabwe ($3,079 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 Lesotho (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Extracts of Tea Imports in South Africa
Extracts of tea imports into South Africa contracted dramatically to 355 tons in 2022, waning by -23.6% compared with 2021 figures. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 44%.
In value terms, extracts of tea imports contracted to $3.9M in 2022. In general, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 11%.
| Import of Extracts of Tea in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 1,845 | 1,379 | 1,375 | 1,928 | 1.5% |
| United States | 2,857 | 1,570 | 1,641 | 1,095 | -27.4% |
| Germany | 244 | 206 | 278 | 241 | -0.4% |
| China | 319 | 197 | 494 | 218 | -11.9% |
| India | 151 | 157 | 185 | 196 | 9.1% |
| United Kingdom | 24.6 | 15.1 | 29.7 | 99.4 | 59.3% |
| Taiwan (Chinese) | 1.7 | 51.9 | 72.6 | 27.7 | 153.5% |
| Others | 546 | 323 | 257 | 112 | -41.0% |
| Total | 5,987 | 3,899 | 4,331 | 3,917 | -13.2% |
Top Suppliers of Extracts of Tea to South Africa in 2022:
- United States (122.3 tons)
- India (69.3 tons)
- China (57.0 tons)
- Ireland (37.3 tons)
- Germany (32.7 tons)
- United Kingdom (12.0 tons)
- Taiwan (Chinese) (6.5 tons)
Extracts of Tea Exports in South Africa
In 2022, shipments abroad of extracts, essences and concentrates of tea or mate was finally on the rise to reach 147 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep slump.
In value terms, extracts of tea exports declined to $852K in 2022. Over the period under review, exports, however, showed a abrupt decline. The smallest decline of -2.6% was in 2021.
| Export of Extracts of Tea in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 222 | 326 | 164 | 264 | 5.9% |
| Botswana | 84.7 | 126 | 53.1 | 144 | 19.4% |
| Zimbabwe | 9.8 | 76.9 | 32.2 | 113 | 125.9% |
| Namibia | 103 | 76.3 | 66.0 | 72.8 | -10.9% |
| Lesotho | 40.7 | 51.5 | 34.8 | 52.5 | 8.9% |
| Democratic Republic of the Congo | 7.7 | 52.6 | 37.6 | 47.0 | 82.8% |
| Saudi Arabia | N/A | 1.9 | 16.9 | 46.8 | 396.3% |
| Swaziland | 213 | 48.2 | 41.4 | 44.3 | -40.8% |
| Zambia | 20.2 | 29.0 | 34.8 | 15.8 | -7.9% |
| Japan | 315 | N/A | N/A | N/A | 0% |
| Others | 177 | 173 | 456 | 51.5 | -33.7% |
| Total | 1,193 | 961 | 936 | 852 | -10.6% |
Top Export Markets for Extracts of Tea from South Africa in 2022:
- Japan (undefined tons)
- Mozambique (38.9 tons)
- Zimbabwe (36.8 tons)
- Botswana (21.0 tons)
- Namibia (12.4 tons)
- Democratic Republic of the Congo (8.6 tons)
- Swaziland (7.0 tons)
- Saudi Arabia (6.0 tons)
- Lesotho (3.6 tons)
- Zambia (3.3 tons)
This report provides an in-depth analysis of the extracts of tea market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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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
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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
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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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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