MENA: Tea Market 2024

Tea Market Size in MENA

The MENA's tea market skyrocketed to $X in 2022, increasing by X% against the previous year. The total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Tea Production in MENA

In value terms, tea production dropped markedly to $X in 2022 estimated in export price. Over the period under review, production, however, faced a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of X,470%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Saudi Arabia (X tons) constituted the country with the largest volume of tea production, comprising approx. X% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in Saudi Arabia totaled X%.

In 2022, the average tea yield in MENA amounted to less than X kg per ha, leveling off at the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of tea production in MENA amounted to less than X ha, almost unchanged from 2021. Overall, the harvested area saw a relatively flat trend pattern.

Tea Exports

Exports in MENA

In 2023, tea exports in MENA declined to X tons, approximately equating 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, tea exports expanded markedly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates prevails in exports structure, amounting to X tons, which was near X% of total exports in 2023. Iran (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (X%) and Jordan (X%). The following exporters - Saudi Arabia (X tons), Yemen (X tons) and Egypt (X tons) - together made up X% of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2023. At the same time, Jordan (X%), Turkey (X%) and Saudi Arabia (X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Egypt (X%), Yemen (X%) and Iran (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United Arab Emirates, Jordan and Turkey increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest tea supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by Jordan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United Arab Emirates was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Jordan (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2023, rising by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Tea Imports

Imports in MENA

In 2023, imports of tea in MENA totaled X tons, with an increase of X% compared with the year before. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, tea imports surged to $X in 2023. Overall, imports showed a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Egypt (X tons), Iran (X tons), the United Arab Emirates (X tons), Morocco (X tons), Iraq (X tons) and Saudi Arabia (X tons) represented the key importer of tea in MENA, generating X% of total import. It was distantly followed by Algeria (X tons), comprising a X% share of total imports. Yemen (X tons), Libya (X tons), Turkey (X tons), Syrian Arab Republic (X tons) and Jordan (X tons) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tea importing markets in MENA were Iran ($X), Egypt ($X) and Saudi Arabia ($X), together accounting for X% of total imports. Morocco, the United Arab Emirates, Iraq, Algeria, Libya, Syrian Arab Republic, Yemen, Turkey and Jordan lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Jordan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform