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

Contents:

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

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

In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $2,349 per ton, with a decrease of -4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 54% against the previous year. As a result, import price attained the peak level of $4,565 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($2,612 per ton), while the price for Turkey ($1,875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $1,821 per ton, with a decrease of -3.6% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +2.4% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 35%. The export price peaked at $2,419 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($12,046 per ton), while the average price for exports to Georgia ($694 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 Azerbaijan (+22.8%), 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 Iran

In 2022, approx. 4.4K tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were imported into Iran; increasing by 2.9% on 2021 figures. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of 4.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg declined slightly to $10M in 2022. Over the period under review, imports, however, continue to indicate a slight shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 2.4% against the previous year.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.83.99.48.7-3.9%
United Arab Emirates0.54.40.71.337.5%
Turkey0.3N/A0.30.30.0%
IndonesiaN/A2.0N/AN/A0%
Others0.10.10.20.10.0%
Total10.810.310.610.4-1.3%

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

  1. China (3.8K tons)
  2. United Arab Emirates (0.5K tons)
  3. Turkey (0.2K tons)

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

In 2022, approx. 290 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Iran; jumping by 30% against 2021 figures. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 300% against the previous year. As a result, the exports reached the peak of 358 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 surged to $529K in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 205% against the previous year. As a result, the exports reached the peak of $636K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AzerbaijanN/A21.760.8146159.4%
Sweden0.71.011.9137480.6%
TajikistanN/A51.3N/A81.526.0%
Kazakhstan3.410.36.673.8178.9%
United Arab Emirates2.115.09.536.3158.6%
GeorgiaN/AN/A1.811.1516.7%
Russia110N/AN/AN/A0%
Pakistan53.6468298N/A135.8%
Others38.468.233.043.24.0%
Total20963642252936.3%

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

  1. Tajikistan (113.1 tons)
  2. Kazakhstan (103.9 tons)
  3. Azerbaijan (30.3 tons)
  4. Georgia (16.1 tons)
  5. Sweden (11.4 tons)
  6. United Arab Emirates (8.0 tons)

Source: IndexBox Market Intelligence Platform

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