Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola - 2022

Contents:

  1. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola (CIF) - 2022
  2. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola (FOB) - 2022
  3. Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Angola
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal59.121.245.449.3-5.9%
Sri Lanka39.924.516.111.8-33.4%
Belgium11.29.611.49.9-4.0%
China0.50.81.82.979.7%
Spain2.13.62.42.21.6%
Vietnam0.10.10.20.9108.0%
Lebanon0.22.40.50.858.7%
Ethiopia5.51.313.60.6-52.2%
Others4.53.63.92.8-14.6%
Total12367.295.281.2-12.9%

Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Angola in 2022:

  1. Portugal (17.2 tons)
  2. Belgium (3.3 tons)
  3. Sri Lanka (3.2 tons)
  4. China (1.3 tons)
  5. Lebanon (1.0 tons)
  6. Vietnam (0.5 tons)
  7. Spain (0.4 tons)
  8. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3641,619447819-15.6%
South Africa4.08.0422370352.3%
United Kingdom26.086.0290254113.8%
Panama2.09.0224197361.8%
France72.06.036313924.5%
Portugal41.068.011369.018.9%
CanadaN/AN/AN/A37.00%
Namibia58.043.036.010.0-44.3%
CongoN/A1028.0N/A-92.2%
Democratic Republic of the Congo187122N/AN/A-34.8%
Others19.065.048.014596.9%
Total1,7732,1281,9512,0404.8%

Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Angola in 2022:

  1. United States (139.0 kg)
  2. United Kingdom (47.0 kg)
  3. South Africa (33.0 kg)
  4. Panama (18.0 kg)
  5. France (8.0 kg)
  6. Canada (5.0 kg)
  7. Portugal (5.0 kg)
  8. Namibia (2.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Exploring the Top Import Markets for Tea
Apr 8, 2024
Eye 208

Discover the top import markets for tea around the world based on data from the IndexBox market intelligence platform.

Tea Market Outlook: Consumer Behaviour and Trends
Jun 5, 2022
Eye 5238

The tea market is growing rapidly, with new brands and products emerging all the time. But what trends are driving this growth?

Global Tea Market Overcame $25B, Growing Robustly Over the Last Decade
Feb 5, 2020
Eye 707

The global tea market revenue amounted to $25.9B in 2018, picking up by 7.7% against the previous year. Overall, the total market indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +4.3% over that period. Global

Which Country Consumes the Most Tea in the World?
Feb 9, 2018
Eye 3240

Global tea consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.

Which Country Imports the Most Tea in the World?
Jan 25, 2018
Eye 1806

Global tea imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.

Which Countries Export the Most Tea?
Mar 7, 2017
Eye 1393

From 2008 to 2015, global exports on the tea market showed mixed dynamics, amounting to X thousand tons in 2015. In value terms, they dropped to X million USD in 2015, which was X million USD less than the year before.

Which Countries Consume the Most Tea?
Mar 1, 2017
Eye 1737

The global tea market showed an upward trend from 2008 to 2013 and reached a peak at X thousand tons. However, in 2014, dynamics downturned. During the next two years, the global tea market decreased to X thousand tons.

Which Countries Import the Most Tea?
Feb 27, 2017
Eye 1891

The volume of total imports on the global tea market in 2015 stood at X thousand tons. In value terms, imports of tea decreased to X million USD in 2015, which was X million USD (X%) less than the year before.

Which Countries Produce the Most Tea?
Feb 23, 2017
Eye 1748

From 2008 to 2013, global tea market production showed steady growth, reaching its peak level at X thousand tons. It was followed by a slight shrinkage over the next two years to X thousand tons in 2015.

Tea Market - Tangible Ambitions for Growth in Africa
Oct 6, 2016
Eye 4462

Cost-effective labour, plenty of market opportunities and increasing demand from importers are all factors that are making the African tea industry appear an attractive prospect for investors on global tea market. However, political instability and poo

Free Data: Tea, green; (not fermented), in immediate packings of a content exceeding 3kg - Angola