Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Hungary - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Hungary (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Hungary (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Hungary
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Hungary
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Hungary (CIF) - 2022
In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $11,299 per ton, with an increase of 121% against the previous year. Over the period under review, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 France ($25,152 per ton), while the price for Austria ($2,372 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+28.2%), 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 Hungary (FOB) - 2022
The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $13,249 per ton in 2022, growing by 2.6% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 increased by +17.1% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 27% against the previous year. The export price peaked at $17,187 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($13,779 per ton) and Bulgaria ($13,693 per ton), while the average price for exports to Serbia ($11,381 per ton) and Bosnia and Herzegovina ($11,618 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+6.1%), 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 Hungary
In 2022, approx. 17 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were imported into Hungary; declining by -56% on 2021. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 84%. As a result, imports attained the peak of 39 tons, and then dropped dramatically in the following year.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg reduced modestly to $192K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports reached the peak of $197K, and then declined slightly in the following year.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 62.1 | 71.6 | 112 | 91.8 | 13.9% |
| France | N/A | N/A | 0.5 | 25.5 | 5000.0% |
| Netherlands | 20.7 | 15.4 | 23.3 | 19.1 | -2.6% |
| China | 0.5 | 16.3 | 24.5 | 15.9 | 216.8% |
| Czech Republic | 2.7 | 0.4 | 0.7 | 4.4 | 17.7% |
| Austria | 26.0 | 9.8 | 17.9 | 0.9 | -67.4% |
| Others | 37.2 | 15.9 | 18.1 | 34.2 | -2.8% |
| Total | 149 | 129 | 197 | 192 | 8.8% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Hungary in 2022:
- Germany (7.0 tons)
- Netherlands (5.5 tons)
- China (1.3 tons)
- France (1.0 tons)
- Czech Republic (0.8 tons)
- Austria (0.4 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Hungary
In 2022, approx. 7.3 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Hungary; with an increase of 2% against the previous year's figure. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg expanded modestly to $97K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 18.4 | 25.8 | 31.6 | 36.4 | 25.5% |
| Slovakia | 8.7 | 13.3 | 18.8 | 17.9 | 27.2% |
| Croatia | 6.0 | 9.2 | 10.5 | 11.7 | 24.9% |
| Serbia | 5.1 | 8.6 | 9.3 | 11.0 | 29.2% |
| Bosnia and Herzegovina | 3.8 | 6.4 | 8.5 | 7.4 | 24.9% |
| Slovenia | 3.0 | 3.9 | 5.2 | 5.6 | 23.1% |
| Bulgaria | 2.8 | 4.1 | 4.7 | 5.6 | 26.0% |
| Others | 3.6 | 4.8 | 4.2 | 1.6 | -23.7% |
| Total | 51.4 | 76.0 | 92.8 | 97.1 | 23.6% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Hungary in 2022:
- Czech Republic (2671.0 kg)
- Slovakia (1297.0 kg)
- Serbia (964.0 kg)
- Croatia (856.0 kg)
- Bosnia and Herzegovina (633.0 kg)
- Slovenia (415.0 kg)
- Bulgaria (409.0 kg)
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