Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India (FOB) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India (CIF) - 2024
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $3,062 per ton, reducing by -19.5% against the previous year. In general, the export price showed a slight downturn. The growth pace was the most rapid in 2021 an increase of 14% against the previous year. As a result, the export price attained the peak level of $3,805 per ton, and then shrank dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($8,055 per ton), while the average price for exports to Spain ($1,052 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 China (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India (CIF) - 2024
In April 2024, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $1,513 per ton, falling by -57% against the previous month. Over the period under review, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in June 2023 when the average import price increased by 133% m-o-m. Over the period under review, average import prices hit record highs at $6,083 per ton in October 2023; however, from November 2023 to April 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($10,342 per ton), while the price for Vietnam ($1,177 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Nepal (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India
In 2022, shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -8.2% to 3.8K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 7.1% against the previous year. As a result, the exports attained the peak of 4.6K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg dropped markedly to $12M in 2022. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 3.1%. As a result, the exports attained the peak of $16M, and then contracted rapidly in the following year.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.0 | 2.8 | 2.8 | 2.1 | 1.6% |
| Germany | 3.3 | 3.2 | 3.1 | 2.0 | -15.4% |
| United Kingdom | 1.5 | 2.1 | 2.4 | 1.4 | -2.3% |
| Netherlands | 3.3 | 1.9 | 2.8 | 1.0 | -32.8% |
| Belgium | 1.5 | 1.2 | 1.1 | 0.9 | -15.7% |
| Poland | 0.3 | 0.5 | 0.5 | 0.4 | 10.1% |
| Australia | 0.4 | 0.5 | 0.2 | 0.3 | -9.1% |
| China | 0.5 | 0.5 | 0.2 | 0.3 | -15.7% |
| Spain | 0.3 | 0.5 | 0.6 | 0.3 | 0.0% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Russia | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Colombia | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 1.7 | 1.6 | 1.7 | 2.6 | 15.2% |
| Total | 15.2 | 15.3 | 15.8 | 11.7 | -8.4% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from India in 2022:
- Germany (971.2 tons)
- United Kingdom (505.6 tons)
- United States (459.7 tons)
- Belgium (375.5 tons)
- Spain (266.0 tons)
- China (178.8 tons)
- Poland (175.2 tons)
- Netherlands (128.8 tons)
- Colombia (92.5 tons)
- United Arab Emirates (81.6 tons)
- Russia (69.6 tons)
- Australia (60.4 tons)
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India
After three years of growth, supplies from abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -21.4% to 1.8K tons in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 73% against the previous year.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg contracted sharply to $2.9M in 2022. Over the period under review, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 59%. As a result, imports reached the peak of $4.5M, and then fell rapidly in the following year.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,187 | 862 | 1,650 | 1,418 | 6.1% |
| Vietnam | 81.4 | 637 | 1,039 | 936 | 125.7% |
| Indonesia | 579 | 1,108 | 1,358 | 372 | -13.7% |
| Others | 544 | 249 | 487 | 212 | -27.0% |
| Total | 2,392 | 2,855 | 4,535 | 2,938 | 7.1% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to India in 2022:
- Vietnam (1078.7 tons)
- China (448.5 tons)
- Indonesia (268.0 tons)
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