Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland (FOB) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland (CIF) - 2022
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $11,995 per ton, increasing by 21% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average export price increased by 83% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($19,316 per ton), while the average price for exports to the UK ($10,751 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 the UK (+13.7%), 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 Ireland (CIF) - 2022
In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $23,670 per ton, which is down by -2.7% against the previous year. In general, the import price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 438% against the previous year. As a result, import price reached the peak level of $24,325 per ton, and then declined modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($55,350 per ton), while the price for the Netherlands ($6,251 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+90.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland
In 2022, approx. 262 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Ireland; rising by 65% on 2021 figures. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 935%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg surged to $3.1M in 2022. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 860% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,897 | N/A | 1,202 | 2,957 | 15.9% |
| Canada | 64.0 | 119 | 146 | 78.6 | 7.1% |
| Japan | 11.0 | 45.5 | 159 | 54.0 | 70.0% |
| Others | 10.8 | 0.4 | 71.6 | 57.6 | 74.7% |
| Total | 1,983 | 164 | 1,578 | 3,147 | 16.6% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Ireland in 2022:
- United States (249.0 tons)
- Canada (6.0 tons)
- Japan (2.8 tons)
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland
For the third year in a row, Ireland recorded decline in purchases abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg, which decreased by -56.1% to 16 tons in 2022. Overall, imports faced a sharp curtailment. The smallest decline of -29.1% was in 2020.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg fell significantly to $374K in 2022. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $874K, and then contracted significantly in the following year.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 547 | 408 | 389 | 133 | -37.6% |
| United States | 1.3 | 3.3 | 2.6 | 78.8 | 292.8% |
| Poland | 21.9 | 149 | 85.0 | 43.3 | 25.5% |
| Taiwan (Chinese) | N/A | 2.5 | 22.9 | 32.9 | 262.8% |
| China | 2.4 | 1.3 | 258 | 27.0 | 124.1% |
| Netherlands | N/A | 15.8 | 6.5 | 11.7 | -13.9% |
| Vietnam | N/A | N/A | 0.6 | 4.0 | 566.7% |
| France | 116 | 51.3 | N/A | 0.1 | -90.5% |
| Others | 35.3 | 26.7 | 110 | 42.6 | 6.5% |
| Total | 724 | 658 | 874 | 374 | -19.8% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Ireland in 2022:
- United Kingdom (6.0 tons)
- Netherlands (1.9 tons)
- Taiwan (Chinese) (1.5 tons)
- United States (1.4 tons)
- China (1.2 tons)
- Poland (1.1 tons)
- Vietnam (0.5 tons)
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