Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium (CIF) - 2024
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium (CIF) - 2024
In April 2024, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $3,125 per ton, reducing by -80.1% against the previous month. Overall, the import price recorded a abrupt setback. The pace of growth was the most pronounced in June 2023 when the average import price increased by 119% against the previous month. As a result, import price reached the peak level of $18,847 per ton. From July 2023 to April 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Japan ($11,691 per ton), while the price for Burkina Faso ($697 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $4,737 per ton, with an increase of 22% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg increased by +144.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 99%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($58,553 per ton), while the average price for exports to the Netherlands ($4,150 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 (+40.9%), 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 Belgium
Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Belgium contracted to 799 tons in 2022, which is down by -2.8% compared with 2021 figures. Over the period under review, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 8.2%.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg declined slightly to $4.1M in 2022. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 0.2%.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 610 | 1,361 | 1,306 | 1,191 | 25.0% |
| China | 378 | 512 | 790 | 697 | 22.6% |
| Germany | 1,198 | 805 | 509 | 550 | -22.9% |
| Netherlands | 443 | 298 | 342 | 342 | -8.3% |
| Vietnam | 0.2 | 18.2 | 39.5 | 268 | 1002.5% |
| Argentina | 53.4 | 157 | 223 | 181 | 50.2% |
| United Kingdom | 486 | 238 | 159 | 155 | -31.7% |
| Mozambique | N/A | N/A | N/A | 48.1 | 0% |
| Poland | 1,578 | N/A | N/A | N/A | 0% |
| Others | 521 | 729 | 760 | 631 | 6.6% |
| Total | 5,269 | 4,119 | 4,128 | 4,063 | -8.3% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Belgium in 2022:
- India (380.2 tons)
- China (137.2 tons)
- Argentina (68.6 tons)
- Germany (63.7 tons)
- United Kingdom (42.1 tons)
- Vietnam (36.1 tons)
- Mozambique (19.1 tons)
- Netherlands (14.5 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium
In 2022, shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -13.7% to 793 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg rose rapidly to $3.8M in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.6 | 1.1 | 1.9 | 2.8 | 2.5% |
| France | N/A | 0.9 | 0.9 | 0.8 | -5.7% |
| Spain | 0.4 | 0.5 | 0.7 | N/A | 32.3% |
| Others | 0.4 | 0.2 | 0.2 | 0.1 | -37.0% |
| Total | 3.4 | 2.6 | 3.6 | 3.8 | 3.8% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Belgium in 2022:
- Netherlands (666.3 tons)
- France (110.4 tons)
- Spain (3.4 tons)
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