In 2023, Italy led European production of tea or maté extracts with a substantial growth of 13.51%, reaching 43.283 million kg. Germany, while the second-largest producer, saw a slight decline of 3.69%. Britain's production increased by 6.57%, showing positive momentum. Austria and Romania experienced moderate increases, while Denmark's production surged by 19.17%, indicating significant growth. Conversely, countries like Bulgaria and Croatia faced notable reductions, with Bulgaria dropping by 14.54%.
The Compound Annual Growth Rate (CAGR) over the past five years reveals steady growth in countries like Italy and Denmark, poised for continued expansion. Future trends to watch:
- Increased consumer demand for health-conscious beverages, driving up production.
- Potential impact of climate change on raw material availability.
- Technological advancements in production processes enhancing efficiency.
- Regulatory changes within EU countries impacting production standards.
- Emergence of new market players in Eastern Europe, diversifying the production landscape.
Top countries in Sold Production of Tea or Maté Extracts, Essences, Concentrates and Preparations by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 43,283,000 | 2023 | +5.47% | +13.51% | View data |
| 2 | 2 Germany | 23,590,000 | 2023 | +0.41% | -3.69% | View data |
| 3 | 3 United Kingdom | 3,431,700 | 2023 | +4.62% | +6.57% | View data |
| 4 | 4 Austria | 1,652,600 | 2023 | +2.45% | +3.31% | View data |
| 5 | 5 Romania | 760,250 | 2023 | +4.97% | +4.74% | View data |
| 6 | 6 Netherlands | 548,430 | 2023 | +12.54% | +1.62% | View data |
| 7 | 7 Denmark | 383,070 | 2023 | +20.12% | +19.17% | View data |
| 8 | 8 Bulgaria | 142,330 | 2023 | -25.08% | -14.54% | View data |
| 9 | 9 Spain | 21,770 | 2023 | -4.53% | -0.24% | View data |
| 10 | 10 Lithuania | 8,920 | 2023 | +2.27% | +1.4% | View data |
