Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina (FOB) - 2023
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina (CIF) - 2022
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina (FOB) - 2023
In November 2023, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $1,696 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 20% month-to-month. As a result, the export price reached the peak level of $2,002 per ton. From September 2023 to November 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From May 2023 to November 2023, the rate of growth in terms of prices for the United States amounted to +0.7% per month.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina (CIF) - 2022
In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $5,808 per ton, jumping by 96% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($9,844 per ton), while the price for China amounted to $3,783 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina
In 2022, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Argentina expanded slightly to 1.2K tons, increasing by 3% on 2021 figures. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, the exports attained the peak of 1.2K tons; afterwards, it flattened through to 2022.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg shrank to $1.9M in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,887 | 1,463 | 1,970 | 1,399 | -9.5% |
| Brazil | 212 | 163 | 56.0 | 303 | 12.6% |
| Paraguay | 218 | N/A | N/A | 162 | -9.4% |
| Others | 31.9 | 77.0 | N/A | N/A | 141.4% |
| Total | 2,349 | 1,703 | 2,026 | 1,864 | -7.4% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Argentina in 2022:
- United States (967.8 tons)
- Brazil (160.9 tons)
- Paraguay (85.1 tons)
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina
For the third year in a row, Argentina recorded decline in supplies from abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg, which decreased by -74.5% to 14 tons in 2022. In general, imports faced a dramatic curtailment. The smallest decline of -22.8% was in 2020.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg contracted rapidly to $79K in 2022. Over the period under review, imports saw a precipitous setback. The smallest decline of -24.2% was in 2020.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 23.4 | 121 | 33.4 | 44.6 | 24.0% |
| China | 242 | 158 | 125 | 34.2 | -47.9% |
| Brazil | 30.2 | 0.4 | N/A | 0.1 | -85.1% |
| United States | 23.2 | N/A | N/A | N/A | 0% |
| Others | 51.5 | 0.6 | 0.1 | N/A | -95.6% |
| Total | 370 | 280 | 158 | 78.9 | -40.3% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Argentina in 2022:
- China (9.0 tons)
- Germany (4.5 tons)
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