Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark (CIF) - 2022
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $6,414 per ton in 2022, declining by -11% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 196%. As a result, import price attained the peak level of $7,206 per ton, and then reduced in the following year.
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 Sri Lanka ($15,925 per ton), while the price for the Netherlands ($2,888 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.5%), 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 Denmark (FOB) - 2022
The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $6,461 per ton in 2022, which is down by -12.4% against the previous year. Over the period under review, the export price recorded a abrupt setback. The growth pace was the most rapid in 2020 an increase of 69%. The export price peaked at $22,288 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($13,037 per ton), while the average price for exports to Greenland ($1,362 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 Germany (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark
In 2022, overseas purchases of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -54.8% to 178 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a precipitous setback. The pace of growth was the most pronounced in 2020 when imports increased by 2.1% against the previous year. As a result, imports reached the peak of 674 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg fell rapidly to $1.1M in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of $2.8M, and then dropped sharply in the following year.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 773 | 485 | 488 | 505 | -13.2% |
| Netherlands | 550 | 715 | 1,496 | 273 | -20.8% |
| Sri Lanka | 32.8 | 44.7 | 39.3 | 70.4 | 29.0% |
| Finland | 0.3 | 2.3 | 226 | 14.7 | 265.9% |
| Others | 398 | 397 | 587 | 279 | -11.2% |
| Total | 1,754 | 1,643 | 2,837 | 1,142 | -13.3% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Denmark in 2022:
- Netherlands (94.4 tons)
- Germany (66.6 tons)
- Sri Lanka (4.4 tons)
- Finland (3.2 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark
For the fourth year in a row, Denmark recorded growth in shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg, which increased by 48% to 87 tons in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 409% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg skyrocketed to $560K in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 240% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 11.9 | 116 | 266 | 395 | 221.4% |
| Sweden | 7.2 | 4.3 | 18.9 | 62.1 | 105.1% |
| Germany | 2.9 | 18.0 | 13.1 | 39.2 | 138.2% |
| Poland | 12.6 | N/A | 17.4 | 20.5 | 17.6% |
| Greenland | 3.1 | 19.6 | 11.9 | 2.7 | -4.5% |
| Faroe Islands | 5.4 | 1.5 | 2.0 | 2.5 | -22.6% |
| Others | 17.1 | 45.5 | 103 | 38.7 | 31.3% |
| Total | 60.3 | 205 | 432 | 560 | 110.2% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Denmark in 2022:
- Norway (64.1 tons)
- Sweden (11.9 tons)
- Germany (3.6 tons)
- Greenland (2.0 tons)
- Poland (1.6 tons)
- Faroe Islands (1.2 tons)
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