Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Australia - 2024

Contents:

  1. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Australia (CIF) - 2022
  2. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Australia (FOB) - 2022
  3. Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Australia
  4. Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Australia

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

The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $9,500 per ton in 2022, with an increase of 8.9% against the previous year. Overall, the import price recorded a prominent expansion. The pace of growth was the most pronounced in 2013 an increase of 23%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

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 Japan ($36,071 per ton), while the price for Indonesia ($2,711 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+35.2%), 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 Australia (FOB) - 2022

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $9,759 per ton in 2022, standing approx. at the previous year. Over the period under review, the export price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 an increase of 14% against the previous year. Over the period under review, the average export prices hit record highs at $13,225 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($24,401 per ton), while the average price for exports to Japan ($8,398 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 Japan (-4.8%), while the prices for the other major destinations experienced a decline.

Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Australia

In 2022, supplies from abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg was finally on the rise to reach 383 tons after two years of decline. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg surged to $3.6M in 2022. Overall, imports, however, recorded a relatively flat trend pattern.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan5625375501,19228.5%
China1,1498571,136908-7.5%
Taiwan (Chinese)34030352763923.4%
India393387366300-8.6%
Indonesia23225693.6193-6.0%
Germany30517154.4188-14.9%
RwandaN/AN/A54.587.360.2%
Sri Lanka34741.223.838.1-52.1%
Others31418415992.0-33.6%
Total3,6432,7372,9633,638-0.0%

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

  1. China (137.1 tons)
  2. Indonesia (71.3 tons)
  3. India (56.5 tons)
  4. Taiwan (Chinese) (43.0 tons)
  5. Japan (33.0 tons)
  6. Rwanda (24.9 tons)
  7. Germany (6.1 tons)
  8. Sri Lanka (2.2 tons)

Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Australia

In 2022, after two years of decline, there was significant growth in shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg, when their volume increased by 21% to 34 tons. Overall, exports, however, showed a sharp curtailment.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg surged to $333K in 2022. Over the period under review, exports, however, saw a precipitous curtailment.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2,6652,048177254-54.3%
New Zealand9.613.90.745.768.2%
China30733773.69.8-68.3%
Others81.718424.823.0-34.5%
Total3,0632,583276333-52.3%

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

  1. Japan (30.3 tons)
  2. New Zealand (1.9 tons)
  3. China (0.9 tons)

Source: IndexBox Market Intelligence Platform

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