Extracts Of Tea Market in Brazil
Market Overview
The Brazilian extracts of tea market stood at $
in , approximately reflecting 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 2010 to , the growth of the market remained at a somewhat lower figure.
In value terms, extracts of tea production totaled $ in estimated in export price. In general, production, however, showed a slight descent. The pace of growth was the most pronounced in 2009 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2010 to , production growth remained at a somewhat lower figure.
in , approximately reflecting 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 2010 to , the growth of the market remained at a somewhat lower figure.In value terms, extracts of tea production totaled $
in estimated in export price. In general, production, however, showed a slight descent. The pace of growth was the most pronounced in 2009 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2010 to , production growth remained at a somewhat lower figure.Consumption
In , extracts of tea consumption in Brazil stood at tons, approximately equating the year before. In general, consumption, however, showed a slight reduction. As a result, consumption attained the peak volume of tons. From 2010 to , the growth of the consumption remained at a lower figure.
The size of the extracts of tea market in Brazil amounted to $ in , approximately reflecting 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, however, showed a slight decrease. As a result, consumption reached the peak level of $. From 2010 to , the growth of the market remained at a lower figure.
, extracts of tea consumption in Brazil stood at tons, approximately equating the year before. In general, consumption, however, showed a slight reduction. As a result, consumption attained the peak volume of tons. From 2010 to , the growth of the consumption remained at a lower figure.The size of the extracts of tea market in Brazil amounted to $
in , approximately reflecting 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, however, showed a slight decrease. As a result, consumption reached the peak level of $. From 2010 to , the growth of the market remained at a lower figure.Market Forecast
Depressed by shrinking demand for extracts of tea in Brazil, 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
Over the period under review, imports of extracts of tea in Brazil were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for extracts of tea. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. 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.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. 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
Brazil remains a net importer of extracts of tea; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a trade deficit 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 deficit 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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