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

Contents:

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

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

In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $16,428 per ton, with a decrease of -7.4% against the previous year. In general, the import price, however, saw a buoyant expansion. The growth pace was the most rapid in 2015 when the average import price increased by 73%. Over the period under review, average import prices attained the peak figure at $17,741 per ton in 2021, and then dropped 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 the Netherlands ($31,788 per ton), while the price for China ($5,178 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.8%), 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 Finland (FOB) - 2022

In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $26,076 per ton, jumping by 26% against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 207% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

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 South Korea ($37,970 per ton), while the average price for exports to Estonia ($21,609 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 South Korea (+61.5%), 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 Finland

After two years of decline, overseas purchases of tea, green; (not fermented), in immediate packings of a content exceeding 3kg increased by 32% to 36 tons in 2022. In general, imports recorded a relatively flat trend pattern. As a result, imports reached 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 skyrocketed to $589K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.2% 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 +86.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 61% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.316.9269331533.8%
China59.068.354.391.515.8%
Denmark0.159.645.856.0724.3%
Poland7.3N/A1.935.469.3%
Sweden3.026.720.029.3113.8%
Japan15.828.029.114.5-2.8%
Germany45.445.523.613.2-33.8%
United Kingdom1552052.22.5-74.7%
Others28.257.635.816.2-16.9%
Total31550848258923.2%

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

  1. China (17.7 tons)
  2. Netherlands (10.4 tons)
  3. Denmark (2.9 tons)
  4. Sweden (1.4 tons)
  5. Poland (1.2 tons)
  6. Japan (0.9 tons)
  7. Germany (0.5 tons)
  8. United Kingdom (0.2 tons)

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

For the third consecutive year, Finland recorded decline in shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg, which decreased by -41.4% to 581 kg in 2022. In general, exports recorded a precipitous descent.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg reduced markedly to $15K in 2022. Overall, exports saw a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 2.5% against the previous year.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A8.03.86.5-9.9%
SwedenN/A10.75.62.3-53.6%
South KoreaN/AN/AN/A2.20%
Estonia6.41.04.31.9-33.3%
JapanN/AN/A2.31.9-17.4%
Kazakhstan25.4N/A4.20.1-84.2%
Others0.40.20.40.3-9.1%
Total32.120.020.515.2-22.1%

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

  1. Russia (296.0 kg)
  2. Estonia (88.0 kg)
  3. Sweden (66.0 kg)
  4. South Korea (59.0 kg)
  5. Japan (58.0 kg)
  6. Kazakhstan (2.0 kg)

Source: IndexBox Market Intelligence Platform

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