Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China (FOB) - 2024
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China (CIF) - 2024
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China (FOB) - 2024
In May 2024, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $2,871 per ton, therefore, remained relatively stable against the previous month. In general, the export price recorded a noticeable descent. The growth pace was the most rapid in October 2023 an increase of 19% m-o-m. As a result, the export price attained the peak level of $3,885 per ton. From November 2023 to May 2024, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($6,664 per ton), while the average price for exports to Benin ($1,012 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China (CIF) - 2024
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $1,443 per ton in May 2024, therefore, remained relatively stable against the previous month. Over the period under review, the import price posted a noticeable increase. The pace of growth appeared the most rapid in February 2024 when the average import price increased by 122% against the previous month. As a result, import price attained the peak level of $3,027 per ton. From March 2024 to May 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($1,543 per ton), while the price for Myanmar stood at $738 per ton.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Myanmar (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China
In 2022, approx. 200K tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from China; growing by 3.1% compared with the year before. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 3.3% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg shrank to $773M in 2022. The total export value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $781M, leveling off in the following year.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 193 | 182 | 221 | 237 | 7.1% |
| Hong Kong SAR | 154 | 86.7 | 172 | 116 | -9.0% |
| Uzbekistan | 35.3 | 39.8 | 55.3 | 48.9 | 11.5% |
| Germany | 32.1 | 23.4 | 32.9 | 34.1 | 2.0% |
| Russia | 23.8 | 25.0 | 32.1 | 31.7 | 10.0% |
| Algeria | 13.0 | 11.2 | 17.3 | 24.5 | 23.5% |
| United States | 24.4 | 19.3 | 19.3 | 23.1 | -1.8% |
| Cameroon | 11.9 | 15.7 | 10.2 | 15.7 | 9.7% |
| Afghanistan | 9.9 | 10.8 | 8.8 | 13.2 | 10.1% |
| Thailand | 7.6 | 5.4 | 5.7 | 7.3 | -1.3% |
| Niger | 3.6 | 4.6 | 4.8 | 6.2 | 19.9% |
| Benin | 7.6 | 3.7 | 7.5 | 5.7 | -9.1% |
| Others | 186 | 204 | 194 | 210 | 4.1% |
| Total | 702 | 632 | 781 | 773 | 3.3% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from China in 2022:
- Morocco (74.5K tons)
- Uzbekistan (24.4K tons)
- Russia (13.3K tons)
- Cameroon (10.8K tons)
- Germany (8.2K tons)
- Algeria (5.3K tons)
- United States (4.8K tons)
- Niger (4.2K tons)
- Hong Kong SAR (4.1K tons)
- Benin (4.1K tons)
- Afghanistan (4.0K tons)
- Thailand (3.4K tons)
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in China
In 2022, overseas purchases of tea, green; (not fermented), in immediate packings of a content exceeding 3kg increased by 90% to 8K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a remarkable 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 amounted to $8.5M in 2022. Overall, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of $15M. 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 China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | 0.1 | 4.3 | 4200.0% |
| Vietnam | 2.0 | 2.6 | 5.9 | 2.7 | 10.5% |
| Indonesia | 0.3 | 0.1 | N/A | 0.4 | 10.1% |
| India | 0.5 | 1.1 | 0.2 | 0.3 | -15.7% |
| Taiwan (Chinese) | 9.1 | 8.8 | 0.5 | 0.1 | -77.8% |
| Others | 1.1 | 2.1 | 1.1 | 0.8 | -10.1% |
| Total | 12.9 | 14.5 | 7.8 | 8.5 | -13.0% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to China in 2022:
- Myanmar (5.8K tons)
- Vietnam (1.5K tons)
- Indonesia (0.4K tons)
- India (0.2K tons)
2248
This report provides an in-depth analysis of the tea market in China.
12942
This report provides an in-depth analysis of the global tea market.
2248
This report provides an in-depth analysis of the tea market in China.
12942
This report provides an in-depth analysis of the global tea market.
352
From April 2023 to November 2023, the exports of Tea experienced a lower growth. The value of Tea exports amounted to $153M in November 2023.
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.
