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

Contents:

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

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

In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $5,238 per ton, growing by 7% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -5.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $5,512 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($11,019 per ton), while the price for Argentina ($2,963 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 States (+3.5%), 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 Costa Rica (FOB) - 2022

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $11,345 per ton in 2022, rising by 1.8% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 decreased by -16.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $13,626 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($11,032 per ton), while the average price for exports to Nicaragua ($9,050 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 Nicaragua (+17.1%), 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 Costa Rica

In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg imported into Costa Rica expanded remarkably to 42 tons, increasing by 13% compared with 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. As a result, imports reached the peak of 47 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 skyrocketed to $222K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 140% against the previous year. As a result, imports reached the peak of $259K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.41004.348.449.8%
China6.211.45.543.591.4%
Spain31.779.410843.110.8%
Mexico18.719.431.430.217.3%
United States21.522.54.821.3-0.3%
Argentina9.618.120.819.927.5%
Others5.98.09.315.136.8%
Total10825918422227.1%

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

  1. Spain (10.0 tons)
  2. China (8.9 tons)
  3. Mexico (8.0 tons)
  4. Argentina (6.7 tons)
  5. Germany (4.4 tons)
  6. United States (3.8 tons)

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

Exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Costa Rica reduced dramatically to 3.7 tons in 2022, dropping by -45.6% on the previous year's figure. Over the period under review, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 1,027% against the previous year.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg reduced rapidly to $41K in 2022. In general, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 821%.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El Salvador1177.067.738.9-30.7%
Panama8.30.51.40.9-52.3%
Nicaragua10.80.30.50.1-79.0%
OmanN/AN/A1.6N/A0%
Others5.50.33.71.5-35.2%
Total1428.174.841.5-33.6%

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

  1. El Salvador (3523.0 kg)
  2. Panama (95.0 kg)
  3. Nicaragua (14.0 kg)

Source: IndexBox Market Intelligence Platform

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