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

Contents:

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

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

The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $4,610 per ton in 2022, rising by 9.3% against the previous year. In general, the import price, however, saw a deep slump. The growth pace was the most rapid in 2017 an increase of 45% against the previous year. The import price peaked at $9,300 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($10,202 per ton), while the price for China ($1,084 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+42.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Iraq dropped significantly to 17 tons in 2022, reducing by -24.9% on the previous year. In general, imports recorded a precipitous decline. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg contracted rapidly to $79K in 2022. Over the period under review, imports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates10128.063.144.2-24.1%
Jordan26.012.416.918.1-11.4%
Turkey2.41.42.84.826.0%
ChinaN/A14.77.73.6-50.5%
IndiaN/AN/AN/A3.10%
Sri LankaN/AN/AN/A2.60%
VietnamN/AN/AN/A1.40%
Iran0.82.84.2N/A129.1%
OthersN/A2.21.20.9-36.0%
Total13061.495.978.7-15.4%

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

  1. Jordan (4.8 tons)
  2. United Arab Emirates (4.3 tons)
  3. China (3.3 tons)
  4. India (1.2 tons)
  5. Vietnam (1.2 tons)
  6. Sri Lanka (1.2 tons)
  7. Turkey (0.9 tons)

Source: IndexBox Market Intelligence Platform

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