Herbal Infusion Tea Price Trend and Forecast

Herbal Infusion Tea Regional Price Overview

Get the latest insights on price movement and trend analysis of Herbal Infusion Tea in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Herbal Infusion Tea Price Trend for the Second Half of 2024

In the latter half of 2024, the herbal infusion tea market experienced significant volatility driven by extreme weather events and climate challenges. Tea-producing regions in India, particularly Assam and West Bengal, saw dramatic shifts in production and pricing. Unprecedented heatwaves followed by substantial flooding severely impacted tea harvests, creating substantial market disruptions.
 

Herbal Infusion Tea Price Chart

Please Login or Subscribe to Access the Herbal Infusion Tea Price Chart Data
 

The tea industry faced substantial production drops, with some regions experiencing up to 21% reduction in crop yield. These dramatic changes triggered price increases, averaging around 13-15% for domestic markets. Extreme weather conditions, including unseasonal rainfall and temperature fluctuations, directly contributed to these market dynamics.

Interestingly, while domestic prices rose, export markets showed less resilience, with prices declining sby approximately 4%. The industry also grappled with additional challenges, including government restrictions on pesticide use and the ongoing impacts of climate change.

Analyst Insight

According to Procurement Resource, the Herbal Tea Infusion market anticipates potential further price volatility, with climate adaptation and sustainable farming practices likely becoming increasingly critical for maintaining stable production and pricing.
 

Herbal Infusion Tea Price Trend for the First Half of 2024

The Herbal Infusion Tea market in the first half of 2024 experienced notable volatility, influenced by several factors affecting the broader tea industry. Climate challenges, particularly erratic weather patterns in key tea-producing regions, created significant production uncertainties. Extreme heat and inconsistent rainfall in regions like India's Brahmaputra Valley impacted tea crop yields, indirectly pressuring herbal tea infusion prices.

Environmental sustainability concerns and shifting consumer preferences also played crucial roles in price dynamics. Increasing awareness about pesticide usage and environmental impact drove some market segments towards organic and sustainably sourced herbal tea infusions, subtly influencing pricing strategies.

Supply chain complexities, including rising production costs and agricultural labour challenges, further contributed to price fluctuations. The tea industry's ongoing transitions towards more sustainable practices also introduced additional cost pressures that resonated across herbal tea segments.

Smallholder farmers and production regions continued to navigate economic pressures, with many struggling to maintain stable pricing amid climate-related disruptions and global market volatilities.

Analyst Insight

According to Procurement Resource, the Herbal Tea Infusion market is expected to remain dynamic, with sustainability and climate adaptability likely becoming increasingly critical pricing determinants.
 

Herbal Infusion Tea Price Trend for the Second Half of 2023

In the second half of 2023, the global herbal tea infusion market experienced significant challenges characterized by volatile pricing and market pressures. The industry grappled with rising input costs, particularly in energy and agricultural inputs, which squeezed profit margins across production regions. Small tea growers, especially in traditional markets like India and Kenya, encountered substantial financial strain as production costs outpaced market prices.

Geopolitical tensions, including ongoing conflicts in Ukraine and regional disruptions in key export markets like Sudan, further complicated the global tea trade landscape. Export volumes declined, with major producers like Kenya witnessing a notable reduction in international shipments. The global economic slowdown contributed to depressed demand, creating a buyers' market that further pressured pricing mechanisms.

Regional variations emerged, with some markets experiencing more dramatic price changes than others. Small tea growers were particularly vulnerable, with many struggling to maintain operational viability amid these challenging conditions.

Analyst Insight

According to Procurement Resource, the Herbal Tea Infusion market appeared to be at an inflection point, signalling potential consolidation and restructuring in the coming years as producers seek more sustainable business models and pricing strategies.
 

Herbal Infusion Tea Price Trend for the First Half of 2023

Herbal Infusion Tea is a quick concoction of dried medicinal herbs easily packaged in infusion cloth or paper, which is usually instantly prepared by soaking it in hot water for a couple of minutes.

It can be made with various herbs using various parts of the plants, like rose petals, citronella leaves, cinnamon bark, ginger roots, etc. These instant concoctions are consumed all around the world but are especially traditionally famous in the East Asian parts of the world in countries like China, South Korea, and Japan. Price trend are determined by the flavor and base material used to make tea; for example- The lemon grass-infused tea will be cheaper than the cinnamon-infused one. So, the price trend for Herbal Infusion Tea primarily depend on the flavoring component’s cost.

Analyst Insight

According to Procurement Resource, Herbal Infusion Tea is gaining popularity because of its health benefits and detoxification properties. So, the demands are on the rise, but the supplies can also be increased, so the price trend are expected to remain positively fluctuating.

Procurement Resource provides latest prices of Herbal Infusion Tea. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.