The combined price in the 'Tea' segment of the hot drinks market in Vietnam was forecast to continuously increase between 2024 and 2029 by in total 7.1 U.S. dollars (+19.52 percent). After the ninth consecutive increasing year, the combined price is estimated to reach 43.46 U.S. dollars and therefore a new peak in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The Tea market consists of black tea, green tea and mate sold in tea bags or as loose-leaf tea. Not included are herbal tea, instant tea, iced tea or similar tea-derived Ready-to-Drink beverages. Ready-to-Drink variants are instead shown in the corresponding segment in the Non-Alcoholic Drinks market.
Additional information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per kilogram , as well as sales channels. Per capita figures refer to a country’s or region’s whole population.
At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. In the out-of-home market, the price always refers to the price per kilogram of the beverage consumed, regardless of other components in the finished beverage. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.
Key players include Unilever (Lipton), Associated British Foods (Twinings), and Tata Global Beverages (Tetley).
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Statista. (August 29, 2024). Average price per unit of the tea market in Vietnam from 2018 to 2029 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/forecasts/1485449/vietnam-average-price-per-unit-of-tea
Statista. "Average price per unit of the tea market in Vietnam from 2018 to 2029." Chart. August 29, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/forecasts/1485449/vietnam-average-price-per-unit-of-tea
Statista. (2024). Average price per unit of the tea market in Vietnam from 2018 to 2029. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/forecasts/1485449/vietnam-average-price-per-unit-of-tea
Statista. "Average Price per Unit of The Tea Market in Vietnam from 2018 to 2029." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/forecasts/1485449/vietnam-average-price-per-unit-of-tea
Statista, Average price per unit of the tea market in Vietnam from 2018 to 2029 Statista, https://www.statista.com/forecasts/1485449/vietnam-average-price-per-unit-of-tea (last visited December 30, 2024)
Average price per unit of the tea market in Vietnam from 2018 to 2029 [Graph], Statista, August 29, 2024. [Online]. Available: https://www.statista.com/forecasts/1485449/vietnam-average-price-per-unit-of-tea