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

Contents:

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

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

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $1,586 per ton in 2022, growing by 21% against the previous year. Over the period under review, the export price showed buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 70% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.2% per year.

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

The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $18,297 per ton in 2022, rising by 48% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18,422 per ton), while the price for Germany ($11,948 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 156 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Guatemala; flattening at the previous year's figure. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 2.7% against the previous year. As a result, the exports reached the peak of 156 tons, leveling off in the following year.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg surged to $248K in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2172002052484.6%
OthersN/AN/AN/A0.10%
Total2172002052484.6%

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

  1. United States (156.2 tons)

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

In 2022, after three years of growth, there was significant decline in overseas purchases of tea, green; (not fermented), in immediate packings of a content exceeding 3kg, when their volume decreased by -55.9% to 7.1 tons. In general, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of 16 tons, and then shrank rapidly in the following year.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg shrank dramatically to $130K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 57% against the previous year.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States94.61291841218.6%
GermanyN/A12.64.83.7-45.8%
China7.77.43.21.8-38.4%
Others3.517.67.33.0-5.0%
Total1061662001307.0%

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

  1. United States (6.6 tons)
  2. Germany (0.3 tons)
  3. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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