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

Contents:

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

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

In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $18,588 per ton, growing by 378% against the previous year. Overall, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($38,262 per ton), while the price for Romania ($2,757 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+24.7%), 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 Bulgaria (FOB) - 2022

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $37,938 per ton in 2022, flattening at the previous year. Over the period under review, the export price showed a strong expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 130% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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 the United Arab Emirates ($63,818 per ton), while the average price for exports to Ghana ($11,032 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 North Macedonia (+33.2%), 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 Bulgaria

After three years of growth, overseas purchases of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -87.1% to 12 tons in 2022. Over the period under review, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 101% against the previous year.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg contracted significantly to $225K in 2022. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 70%.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China77.887.726110911.9%
IndiaN/A33.121.036.04.3%
Germany23.133.222.515.2-13.0%
Sri Lanka5.7N/AN/A13.132.0%
Italy11.7N/A6.311.4-0.9%
NetherlandsN/A1.0N/A4.0100.0%
RomaniaN/AN/A0.72.5257.1%
Austria6.810.110.41.1-45.5%
Turkey15.21.312.10.2-76.4%
CroatiaN/A101N/AN/A0%
Others27.217.531.132.25.8%
Total16828536522510.2%

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

  1. China (5.1 tons)
  2. Sri Lanka (1.9 tons)
  3. India (1.1 tons)
  4. Italy (1.0 tons)
  5. Romania (0.9 tons)
  6. Germany (0.6 tons)
  7. Netherlands (0.3 tons)

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

In 2022, overseas shipments of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -18.8% to 4 tons, falling for the second year in a row after two years of growth. Overall, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 4.8% against the previous year. As a result, the exports attained the peak of 13 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 declined significantly to $150K in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 39%. As a result, the exports attained the peak of $212K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania26.015.837.633.08.3%
United Arab Emirates5.09.327.123.066.3%
UgandaN/AN/A4.214.4242.9%
Germany6.315.613.614.431.7%
Greece5.67.820.013.433.8%
Italy39.25.010.511.2-34.1%
North Macedonia2.32.14.45.533.7%
United Kingdom4.515.611.75.46.3%
Croatia4.84.63.24.1-5.1%
Belgium3.75.41.32.6-11.1%
GhanaN/AN/AN/A1.00%
Slovakia6.14.11.1N/A-57.5%
PhilippinesN/A58.3N/AN/A0%
Others48.368.047.821.7-23.4%
Total152212182150-0.4%

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

  1. Uganda (902.0 kg)
  2. Romania (826.0 kg)
  3. Germany (367.0 kg)
  4. United Arab Emirates (361.0 kg)
  5. Greece (343.0 kg)
  6. Italy (190.0 kg)
  7. North Macedonia (121.0 kg)
  8. Croatia (100.0 kg)
  9. Ghana (94.0 kg)
  10. United Kingdom (88.0 kg)
  11. Belgium (61.0 kg)

Source: IndexBox Market Intelligence Platform

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