Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola - 2022
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola (CIF) - 2022
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $2,831 per ton in 2022, reducing by -4.7% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth was the most pronounced in 2021 an increase of 12%. Over the period under review, average import prices attained the maximum at $5,046 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ethiopia ($4,042 per ton), while the price for Lebanon ($776 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola (FOB) - 2022
The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $7,556 per ton in 2022, with an increase of 12% against the previous year. Overall, the export price recorded a significant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 152%. The export price peaked at $8,546 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 France ($16,477 per ton), while the average price for exports to the UK ($5,357 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 Democratic Republic of the Congo (+105.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola
Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Angola reduced to 29 tons in 2022, waning by -10.5% against 2021. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg declined to $81K in 2022. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year.
Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 59.1 | 21.2 | 45.4 | 49.3 | -5.9% |
Sri Lanka | 39.9 | 24.5 | 16.1 | 11.8 | -33.4% |
Belgium | 11.2 | 9.6 | 11.4 | 9.9 | -4.0% |
China | 0.5 | 0.8 | 1.8 | 2.9 | 79.7% |
Spain | 2.1 | 3.6 | 2.4 | 2.2 | 1.6% |
Vietnam | 0.1 | 0.1 | 0.2 | 0.9 | 108.0% |
Lebanon | 0.2 | 2.4 | 0.5 | 0.8 | 58.7% |
Ethiopia | 5.5 | 1.3 | 13.6 | 0.6 | -52.2% |
Others | 4.5 | 3.6 | 3.9 | 2.8 | -14.6% |
Total | 123 | 67.2 | 95.2 | 81.2 | -12.9% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Angola in 2022:
- Portugal (17.2 tons)
- Belgium (3.3 tons)
- Sri Lanka (3.2 tons)
- China (1.3 tons)
- Lebanon (1.0 tons)
- Vietnam (0.5 tons)
- Spain (0.4 tons)
- Ethiopia (0.2 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola
Exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Angola declined to 270 kg in 2022, dropping by -6.9% on 2021 figures. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg expanded to $2K in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 20%. As a result, the exports reached the peak of $2.1K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,364 | 1,619 | 447 | 819 | -15.6% |
South Africa | 4.0 | 8.0 | 422 | 370 | 352.3% |
United Kingdom | 26.0 | 86.0 | 290 | 254 | 113.8% |
Panama | 2.0 | 9.0 | 224 | 197 | 361.8% |
France | 72.0 | 6.0 | 363 | 139 | 24.5% |
Portugal | 41.0 | 68.0 | 113 | 69.0 | 18.9% |
Canada | N/A | N/A | N/A | 37.0 | 0% |
Namibia | 58.0 | 43.0 | 36.0 | 10.0 | -44.3% |
Congo | N/A | 102 | 8.0 | N/A | -92.2% |
Democratic Republic of the Congo | 187 | 122 | N/A | N/A | -34.8% |
Others | 19.0 | 65.0 | 48.0 | 145 | 96.9% |
Total | 1,773 | 2,128 | 1,951 | 2,040 | 4.8% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Angola in 2022:
- United States (139.0 kg)
- United Kingdom (47.0 kg)
- South Africa (33.0 kg)
- Panama (18.0 kg)
- France (8.0 kg)
- Canada (5.0 kg)
- Portugal (5.0 kg)
- Namibia (2.0 kg)
This report provides an in-depth analysis of the tea market in Angola.
This report provides an in-depth analysis of the global tea market.
This report provides an in-depth analysis of the tea market in Angola.
This report provides an in-depth analysis of the global tea market.
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