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

Contents:

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

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

In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $2,521 per ton, remaining stable against the previous year. Over the period under review, the import price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 26% against the previous year. The import price peaked at $5,634 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,496 per ton), while the price for India ($1,859 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+21.5%), while the prices for the other major suppliers experienced a decline.

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

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $14,774 per ton in 2022, waning by -3.4% against the previous year. In general, the export price, however, posted a perceptible expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 65% against the previous year. As a result, the export price attained the peak level of $16,705 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($16,387 per ton), while the average price for exports to Israel ($2,553 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 Panama (+40.2%), 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 Colombia

Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Colombia dropped remarkably to 205 tons in 2022, declining by -18.2% compared with the year before. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of 251 tons, and then contracted rapidly in the following year.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg contracted markedly to $518K in 2022. In general, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. As a result, imports reached the peak of $631K, and then fell remarkably in the following year.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1981262932386.3%
China1952292812204.1%
MexicoN/A28.423.418.2-19.9%
Spain71.63.94.914.9-40.7%
Others10.418.228.526.536.6%
Total4754056315182.9%

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

  1. India (128.3 tons)
  2. China (62.9 tons)
  3. Mexico (5.6 tons)
  4. Spain (5.3 tons)

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

In 2022, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Colombia amounted to 5.1 tons, increasing by 9% compared with 2021 figures. The total export volume increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 44% against the previous year. As a result, the exports reached the peak of 5.5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg reached $75K in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 23%. As a result, the exports reached the peak of $79K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10.727.524.536.951.1%
Germany41.635.525.027.8-12.6%
United States6.56.522.29.714.3%
IsraelN/AN/AN/A0.30%
Czech Republic5.48.1N/AN/A50.0%
OthersN/A1.6N/A0.8-29.3%
Total64.279.371.775.55.6%

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

  1. France (2.4 tons)
  2. Germany (1.7 tons)
  3. United States (0.8 tons)
  4. Israel (0.1 tons)

Source: IndexBox Market Intelligence Platform

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