Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria (CIF) - 2024
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria (CIF) - 2024
In April 2024, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $45,022 per ton, rising by 192% against the previous month. In general, the import price recorded resilient growth. The pace of growth was the most pronounced in August 2023 an increase of 221% month-to-month. Over the period under review, average import prices hit record highs in April 2024.
As there is only one major supplying country, the average price level is determined by prices for Montenegro.
From April 2023 to April 2024, the rate of growth in terms of prices for China amounted to +13.0% per month.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $11,050 per ton, picking up by 44% against the previous year. Over the period under review, the export price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 49%. Over the period under review, the average export prices reached the maximum at $12,474 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Romania ($20,648 per ton), while the average price for exports to the Czech Republic ($3,775 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 Romania (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria
In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg imported into Austria surged to 372 tons, with an increase of 71% compared with the year before. Overall, imports recorded a temperate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg surged to $2.3M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 629 | 954 | 1,178 | 1,122 | 21.3% |
| China | 503 | 351 | 260 | 826 | 18.0% |
| Poland | 12.9 | 19.6 | 160 | 170 | 136.2% |
| Czech Republic | 53.7 | 26.4 | 72.7 | 87.2 | 17.5% |
| Indonesia | 190 | N/A | 61.1 | 63.3 | -30.7% |
| Others | 458 | 94.3 | 91.0 | 45.1 | -53.8% |
| Total | 1,846 | 1,445 | 1,823 | 2,313 | 7.8% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Austria in 2022:
- China (215.4 tons)
- Germany (104.6 tons)
- Indonesia (24.1 tons)
- Poland (14.4 tons)
- Czech Republic (10.3 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria
Exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Austria shrank markedly to 11 tons in 2022, which is down by -57.2% on 2021 figures. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 74% against the previous year. As a result, the exports reached the peak of 26 tons, and then plummeted in the following year.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg contracted dramatically to $123K in 2022. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. As a result, the exports attained the peak of $199K, and then shrank rapidly in the following year.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 35.5 | 35.6 | 94.1 | 35.5 | 0.0% |
| Czech Republic | 1.2 | 1.8 | 2.1 | 13.5 | 124.1% |
| Germany | 4.4 | 5.4 | 6.5 | 11.4 | 37.3% |
| Italy | 22.4 | 2.0 | 11.4 | 11.1 | -20.9% |
| Hungary | 30.5 | 22.7 | 40.8 | 9.5 | -32.2% |
| Poland | 4.1 | 6.2 | 8.2 | 7.4 | 21.8% |
| Finland | 5.4 | 6.4 | 13.5 | 4.2 | -8.0% |
| Others | 20.1 | 48.8 | 22.6 | 30.1 | 14.4% |
| Total | 124 | 129 | 199 | 123 | -0.3% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Austria in 2022:
- Czech Republic (3.6 tons)
- Romania (1.7 tons)
- Hungary (1.1 tons)
- Italy (1.0 tons)
- Germany (1.0 tons)
- Poland (0.8 tons)
- Finland (0.7 tons)
1004
This report provides an in-depth analysis of the tea market in Austria.
12943
This report provides an in-depth analysis of the global tea market.
1004
This report provides an in-depth analysis of the tea market in Austria.
12943
This report provides an in-depth analysis of the global tea market.
208
Discover the top import markets for tea around the world based on data from the IndexBox market intelligence platform.
5236
The tea market is growing rapidly, with new brands and products emerging all the time. But what trends are driving this growth?
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
3239
Global tea consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1806
Global tea imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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.
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.
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.
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.
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
