Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Indonesia - 2022
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Indonesia (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Indonesia (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Indonesia
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Indonesia
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Indonesia (CIF) - 2022
In March 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $2,475 per ton, rising by 8.5% against the previous month. In general, the import price recorded a tangible expansion. The growth pace was the most rapid in May 2021 an increase of 228% against the previous month. As a result, import price reached the peak level of $8,734 per ton. From June 2021 to March 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Japan ($17,447 per ton), while the price for Vietnam ($892 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), 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 Indonesia (FOB) - 2022
In March 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $1,760 per ton, waning by -16.9% against the previous month. Overall, the export price saw a mild contraction. The pace of growth was the most pronounced in June 2021 an increase of 23% month-to-month. As a result, the export price attained the peak level of $2,330 per ton. From July 2021 to March 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($5,008 per ton), while the average price for exports to Timor-Leste ($541 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+11.1%), 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 Indonesia
Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Indonesia declined to 3.3K tons in 2022, with a decrease of -9.3% on 2021 figures. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 6.4% against the previous year.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg skyrocketed to $8.2M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.3% 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 +51.5% against 2020 indices. As a result, imports attained the peak 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 Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 2.6 | 2.7 | 2.3 | 2.4 | -2.6% |
| China | 0.9 | 0.7 | 1.3 | 2.3 | 36.7% |
| Japan | 2.0 | 1.0 | 1.4 | 2.1 | 1.6% |
| Taiwan (Chinese) | 0.9 | 0.6 | 0.7 | 0.9 | 0.0% |
| India | 0.1 | 0.2 | 0.3 | 0.2 | 26.0% |
| Others | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
| Total | 6.8 | 5.4 | 6.1 | 8.2 | 6.4% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Indonesia in 2022:
- Vietnam (2594.4 tons)
- Taiwan (Chinese) (246.8 tons)
- China (232.5 tons)
- Japan (136.6 tons)
- India (86.0 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Indonesia
In 2022, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Indonesia rose notably to 1.4K tons, increasing by 5.4% compared with the year before. Over the period under review, exports, however, recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. As a result, the exports attained the peak of 7K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg reduced to $2.7M in 2022. In general, exports, however, recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, the exports attained the peak of $15M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,334 | 2,702 | 526 | 606 | -23.1% |
| Germany | 2,560 | 1,931 | 543 | 581 | -39.0% |
| United States | 4,033 | 3,846 | 430 | 418 | -53.0% |
| United Arab Emirates | 668 | 1,718 | 162 | 382 | -17.0% |
| Taiwan (Chinese) | 217 | 292 | 73.6 | 116 | -18.8% |
| India | 446 | 1,127 | 300 | 103 | -38.6% |
| Pakistan | 141 | 534 | 93.8 | 59.3 | -25.1% |
| China | 199 | 57.4 | N/A | 51.8 | -36.2% |
| Russia | 577 | 578 | 173 | N/A | -45.2% |
| Others | 1,396 | 2,005 | 479 | 354 | -36.7% |
| Total | 11,571 | 14,791 | 2,780 | 2,671 | -38.7% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Indonesia in 2022:
- Germany (394.0 tons)
- Poland (282.1 tons)
- United Arab Emirates (218.2 tons)
- United States (108.3 tons)
- India (87.2 tons)
- Taiwan (Chinese) (86.7 tons)
- China (68.5 tons)
- Pakistan (34.2 tons)
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