Slovenia - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovenia - Extracts, Essences And Concentrates Of Tea Or Mate - Market Analysis, Forecast, Size, Trends And Insights

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Extracts of Tea Price in Slovenia - 2023

Contents:

  1. Extracts of Tea Price in Slovenia (CIF) - 2023
  2. Extracts of Tea Price in Slovenia (FOB) - 2022
  3. Extracts of Tea Imports in Slovenia
  4. Extracts of Tea Exports in Slovenia

Extracts of Tea Price in Slovenia (CIF) - 2023

In August 2023, the average extracts of tea import price amounted to $14,067 per ton, jumping by 28% against the previous month. Overall, the import price saw moderate growth. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 81% month-to-month. As a result, import price attained the peak level of $19,381 per ton. From July 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($155K per ton), while the price for Italy ($3,116 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Extracts of Tea Price in Slovenia (FOB) - 2022

The average extracts of tea export price stood at $7,372 per ton in 2022, declining by -10.9% against the previous year. In general, the export price, however, saw a remarkable increase. The growth pace was the most rapid in 2019 an increase of 83%. The export price peaked at $9,180 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($16,917 per ton), while the average price for exports to Croatia ($3,180 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 Slovakia (+44.7%), while the prices for the other major destinations experienced more modest paces of growth.

Extracts of Tea Imports in Slovenia

In 2022, approx. 258 tons of extracts, essences and concentrates of tea or mate were imported into Slovenia; picking up by 31% compared with the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, extracts of tea imports expanded remarkably to $2.5M in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Extracts of Tea in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8817421,1218960.6%
Germany40342952977624.4%
Italy12014423022022.4%
Poland128176117114-3.8%
Bulgaria72.473.676.179.83.3%
Netherlands89.064.971.775.9-5.2%
Austria49.243.043.355.34.0%
United Kingdom27322013.531.6-51.3%
Others11226174.422926.9%
Total2,1282,1542,2762,4775.2%

Top Suppliers of Extracts of Tea to Slovenia in 2022:

  1. Germany (123.8 tons)
  2. Italy (59.7 tons)
  3. Netherlands (35.3 tons)
  4. Austria (9.0 tons)
  5. Poland (6.8 tons)
  6. Bulgaria (4.9 tons)
  7. United States (4.8 tons)
  8. United Kingdom (3.0 tons)

Extracts of Tea Exports in Slovenia

After three years of growth, overseas shipments of extracts, essences and concentrates of tea or mate decreased by -23.3% to 36 tons in 2022. Overall, exports showed a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. As a result, the exports reached the peak of 47 tons, and then dropped significantly in the following year.

In value terms, extracts of tea exports fell notably to $264K in 2022. Over the period under review, exports continue to indicate a noticeable shrinkage. The growth pace was the most rapid in 2020 when exports increased by 23% against the previous year.

Export of Extracts of Tea in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy73.913710281.33.2%
Croatia37.663.654.646.47.3%
North Macedonia26.135.634.727.51.8%
Serbia5.86.225.825.263.2%
Czech Republic16.515.419.820.16.8%
SlovakiaN/AN/AN/A13.60%
Hungary0.10.10.613.0406.6%
Bosnia and Herzegovina16.414.86.212.3-9.1%
Germany21.161.4106N/A124.1%
Ukraine68.2N/A21.5N/A-43.9%
Others29.627.315.224.6-6.0%
Total295362387264-3.6%

Top Export Markets for Extracts of Tea from Slovenia in 2022:

  1. Croatia (14.6 tons)
  2. Italy (5.6 tons)
  3. North Macedonia (5.3 tons)
  4. Bosnia and Herzegovina (3.5 tons)
  5. Serbia (2.8 tons)
  6. Hungary (1.0 tons)
  7. Slovakia (0.8 tons)
  8. Czech Republic (0.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the extracts of tea market in Slovenia. 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:

  • Slovenia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovenia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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