Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Azerbaijan - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Azerbaijan (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Azerbaijan (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Azerbaijan
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Azerbaijan
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Azerbaijan (CIF) - 2022
In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $4,000 per ton, waning by -7% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The growth pace was the most rapid in 2015 when the average import price increased by 81% against the previous year. As a result, import price reached the peak level of $4,348 per ton. From 2016 to 2022, the average import prices remained 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 Turkey ($15,866 per ton), while the price for China ($3,299 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+52.6%), 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 Azerbaijan (FOB) - 2022
The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $4,529 per ton in 2022, which is down by -7.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 31% against the previous year. The export price peaked at $6,524 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($7,459 per ton), while the average price for exports to Russia ($2,458 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 Uzbekistan (+28.4%), 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 Azerbaijan
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 113 tons after two years of decline. Overall, imports, however, faced a abrupt slump.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg soared to $453K in 2022. Over the period under review, imports, however, continue to indicate a noticeable shrinkage.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 455 | 356 | 188 | 334 | -9.8% |
| Iran | N/A | 22.0 | 67.9 | 58.3 | 62.8% |
| Turkey | 15.0 | 43.8 | 67.8 | 33.9 | 31.2% |
| Others | 12.0 | 47.2 | 19.2 | 27.3 | 31.5% |
| Total | 482 | 469 | 343 | 453 | -2.0% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Azerbaijan in 2022:
- China (101.2 tons)
- Iran (8.5 tons)
- Turkey (2.1 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Azerbaijan
For the third consecutive year, Azerbaijan recorded decline in shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg, which decreased by -3.2% to 82 tons in 2022. In general, exports recorded a deep downturn.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg reduced to $371K in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 4.7%. As a result, the exports attained the peak of $466K. 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 Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 139 | 235 | 270 | 181 | 9.2% |
| Russia | 252 | 129 | 32.6 | 76.4 | -32.8% |
| Georgia | 19.8 | 16.9 | 21.5 | 31.0 | 16.1% |
| United Arab Emirates | N/A | 7.4 | 3.5 | 15.0 | 42.4% |
| Germany | 3.4 | 4.1 | 5.9 | 12.4 | 53.9% |
| Poland | N/A | N/A | N/A | 12.3 | 0% |
| Israel | 2.2 | 1.6 | 12.6 | 11.1 | 71.5% |
| Moldova | 10.7 | 16.5 | 13.8 | 6.9 | -13.6% |
| Uzbekistan | 2.2 | 41.4 | 28.3 | 6.9 | 46.4% |
| Others | 15.9 | 14.7 | 27.4 | 18.5 | 5.2% |
| Total | 445 | 466 | 415 | 371 | -5.9% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Azerbaijan in 2022:
- Ukraine (33.9 tons)
- Russia (31.1 tons)
- Georgia (4.2 tons)
- Israel (2.3 tons)
- United Arab Emirates (2.3 tons)
- Poland (2.0 tons)
- Germany (2.0 tons)
- Uzbekistan (1.1 tons)
- Moldova (0.9 tons)
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