As of 2024, Spain leads the global export of tea and mate extracts, essences, and concentrates with a significant market share of 36.89 kilograms. Canada and the United States follow with shares of 18.28 and 7.94 kilograms, respectively. Over the past year, Spain experienced a 2.51% growth, while Canada's share increased by 1.82%, and the United States grew by 1.38%. Notable annual growth was reported in countries like Saudi Arabia (24.7%) and Denmark (13.94%). However, countries like Singapore (-19.27%) and South Africa (-43.37%) saw considerable declines.
Future trends to watch include the potential for continued expansion in emerging markets like Brunei, which experienced a 31.92% growth last year, and the continued recovery of exports from countries like Egypt and Brazil, despite previous declines. Consumer demand for healthier beverages and natural ingredients is likely to drive growth in this sector as global tastes continue to evolve. Additionally, watch for technological advances in processing and manufacturing, which may enhance competitive advantage for leading exporters.
Top countries in Export of Tea and Mate Extracts, Essences and Concentrates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 36.89 | 2023 | +1.23% | +2.51% | View data |
| 2 | 2 Canada | 18.28 | 2023 | +0.4% | +1.82% | View data |
| 3 | 3 United States | 7.94 | 2023 | +0.95% | +1.38% | View data |
| 4 | 4 China | 5.16 | 2023 | +2.73% | +2.88% | View data |
| 5 | 5 Germany | 5.14 | 2023 | +1.14% | +0.89% | View data |
| 6 | 6 Malaysia | 3.53 | 2023 | +3.59% | +3.83% | View data |
| 7 | 7 Netherlands | 3.25 | 2023 | +1.56% | +1.68% | View data |
| 8 | 8 India | 3.22 | 2023 | +3.04% | +3.15% | View data |
| 9 | 9 Thailand | 1.9 | 2023 | -6.69% | -1.51% | View data |
| 10 | 10 Greece | 1.86 | 2023 | +6.43% | +5.78% | View data |
