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

Contents:

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

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

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $3,300 per ton in 2022, with an increase of 2.9% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. The export price peaked at $5,939 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($5,934 per ton), while the average price for exports to Malaysia ($1,419 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 the United States (-6.7%), while the prices for the other major destinations experienced a decline.

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

The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $2,120 per ton in 2022, picking up by 1.7% against the previous year. In general, the import price, however, continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 18%. The import price peaked at $3,301 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($8,720 per ton), while the price for Japan ($380 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+23.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg exported from Bangladesh reduced to 182 tons, shrinking by -11.9% on the previous year's figure. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 31%.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg reduced to $601K in 2022. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan611474521362-16.0%
United States10418.310314912.7%
Germany34.728.923.951.714.2%
Malaysia3.13.23.28.439.4%
Others35.013.811.529.6-5.4%
Total787538663601-8.6%

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

  1. Pakistan (135.2 tons)
  2. United States (25.1 tons)
  3. Germany (14.6 tons)
  4. Malaysia (6.0 tons)

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

Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Bangladesh reached 38 tons in 2022, with an increase of 2.2% compared with the previous year. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9.3% against the previous year. As a result, imports attained the peak of 39 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg expanded slightly to $80K in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of $84K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.361.235.538.8-6.4%
United Arab Emirates9.214.330.020.630.8%
VietnamN/AN/AN/A14.50%
Japan5.83.43.62.5-24.5%
India5.21.61.71.1-40.4%
Others3.82.96.63.0-7.6%
Total71.383.577.480.54.1%

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

  1. China (20.4 tons)
  2. Vietnam (7.8 tons)
  3. Japan (6.6 tons)
  4. United Arab Emirates (2.4 tons)
  5. India (0.4 tons)

Source: IndexBox Market Intelligence Platform

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