Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Costa Rica - 2022
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Costa Rica (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Costa Rica (FOB) - 2022
- Imports 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 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 14.4 | 100 | 4.3 | 48.4 | 49.8% |
China | 6.2 | 11.4 | 5.5 | 43.5 | 91.4% |
Spain | 31.7 | 79.4 | 108 | 43.1 | 10.8% |
Mexico | 18.7 | 19.4 | 31.4 | 30.2 | 17.3% |
United States | 21.5 | 22.5 | 4.8 | 21.3 | -0.3% |
Argentina | 9.6 | 18.1 | 20.8 | 19.9 | 27.5% |
Others | 5.9 | 8.0 | 9.3 | 15.1 | 36.8% |
Total | 108 | 259 | 184 | 222 | 27.1% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Costa Rica in 2022:
- Spain (10.0 tons)
- China (8.9 tons)
- Mexico (8.0 tons)
- Argentina (6.7 tons)
- Germany (4.4 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 117 | 7.0 | 67.7 | 38.9 | -30.7% |
Panama | 8.3 | 0.5 | 1.4 | 0.9 | -52.3% |
Nicaragua | 10.8 | 0.3 | 0.5 | 0.1 | -79.0% |
Oman | N/A | N/A | 1.6 | N/A | 0% |
Others | 5.5 | 0.3 | 3.7 | 1.5 | -35.2% |
Total | 142 | 8.1 | 74.8 | 41.5 | -33.6% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Costa Rica in 2022:
- El Salvador (3523.0 kg)
- Panama (95.0 kg)
- Nicaragua (14.0 kg)
This report provides an in-depth analysis of the tea market in Costa Rica.
This report provides an in-depth analysis of the global tea market.
This report provides an in-depth analysis of the tea market in Costa Rica.
This report provides an in-depth analysis of the global tea market.
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