Extracts Of Tea Market in Taiwan (Chinese)
Market Overview
The Taiwanese extracts of tea market expanded notably to $
in , increasing by % 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, consumption, however, saw a slight descent. As a result, consumption reached the peak level of $. From 2015 to , the growth of the market remained at a lower figure.
In value terms, extracts of tea production totaled $ in estimated in export price. In general, production, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2014 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2015 to , production growth failed to regain momentum.
in , increasing by % 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, consumption, however, saw a slight descent. As a result, consumption reached the peak level of $. From 2015 to , the growth of the market remained at a lower figure.In value terms, extracts of tea production totaled $
in estimated in export price. In general, production, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2014 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2015 to , production growth failed to regain momentum.Consumption
In , approx. tons of extracts, essences and concentrates of tea or mate were consumed in Taiwan (Chinese); growing by % compared with the previous year's figure. Overall, consumption, however, saw a pronounced descent. As a result, consumption reached the peak volume of tons. From 2015 to , the growth of the consumption remained at a somewhat lower figure.
The value of the extracts of tea market in Taiwan (Chinese) expanded significantly to $ in , picking up by % 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, consumption, however, showed a mild decrease. As a result, consumption reached the peak level of $. From 2015 to , the growth of the market remained at a somewhat lower figure.
, approx. tons of extracts, essences and concentrates of tea or mate were consumed in Taiwan (Chinese); growing by % compared with the previous year's figure. Overall, consumption, however, saw a pronounced descent. As a result, consumption reached the peak volume of tons. From 2015 to , the growth of the consumption remained at a somewhat lower figure.The value of the extracts of tea market in Taiwan (Chinese) expanded significantly to $
in , picking up by % 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, consumption, however, showed a mild decrease. As a result, consumption reached the peak level of $. From 2015 to , the growth of the market remained at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for extracts of tea in Taiwan (Chinese), the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in Taiwan (Chinese) increased significantly over the last fifteen years (from % to %). In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.
% to %). In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports increased moderately ( percentage point) over the period under review.Trade Balance
Taiwan (Chinese) remains a net exporter of extracts of tea; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a trade surplus of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
. In , there was a trade surplus of tons, which was equal to $. Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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