Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Italy - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Italy (CIF) - 2024
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Italy (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Italy
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Italy
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Italy (CIF) - 2024
In April 2024, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $25,010 per ton, increasing by 152% against the previous month. Over the period under review, the import price posted a strong increase. The pace of growth was the most pronounced in February 2024 an increase of 751% month-to-month. As a result, import price attained the peak level of $31,242 per ton. From March 2024 to April 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Japan ($34,255 per ton), while the price for China ($5,443 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 Austria (+15.4%), 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 Italy (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $4,976 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2020 an increase of 53% against the previous year. The export price peaked at $9,562 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($22,869 per ton), while the average price for exports to Greece ($947 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 Canada (+31.2%), 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 Italy
Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Italy was estimated at 409 tons in 2022, approximately equating 2021 figures. Over the period under review, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 6%.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg contracted notably to $2.9M in 2022. In general, imports, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,369 | 1,079 | 1,768 | 1,007 | -9.7% |
| Japan | 1,672 | 579 | 1,174 | 575 | -29.9% |
| China | 227 | 92.0 | 135 | 418 | 22.6% |
| Netherlands | 174 | 217 | 211 | 336 | 24.5% |
| France | 30.5 | 61.7 | 39.6 | 233 | 96.9% |
| Austria | 62.4 | 65.2 | 117 | 66.4 | 2.1% |
| India | 34.0 | 200 | 84.1 | 66.0 | 24.7% |
| Spain | 282 | 149 | 89.2 | N/A | -43.8% |
| Others | 472 | 346 | 516 | 229 | -21.4% |
| Total | 4,324 | 2,790 | 4,134 | 2,930 | -12.2% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Italy in 2022:
- Germany (132.1 tons)
- Netherlands (103.8 tons)
- China (88.0 tons)
- France (19.0 tons)
- Austria (18.0 tons)
- Japan (15.8 tons)
- India (9.7 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Italy
In 2022, overseas shipments of tea, green; (not fermented), in immediate packings of a content exceeding 3kg increased by 26% to 10 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp setback.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg soared to $50K in 2022. Overall, exports, however, recorded a sharp slump.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 188 | 183 | 26.0 | 38.7 | -41.0% |
| United States | 30.2 | 10.2 | 1.8 | 1.7 | -61.7% |
| Netherlands | 488 | 34.7 | 1.4 | 1.2 | -86.5% |
| Romania | 48.1 | 5.4 | 0.4 | 0.6 | -76.8% |
| Malta | 3.1 | 1.2 | 0.1 | 0.4 | -49.5% |
| Greece | 31.6 | 4.0 | 0.5 | 0.4 | -76.7% |
| Mali | 7.8 | N/A | N/A | N/A | 0% |
| Others | 122 | 20.7 | 9.7 | 7.2 | -61.1% |
| Total | 920 | 259 | 40.0 | 50.3 | -62.0% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Italy in 2022:
- France (8.4 tons)
- Greece (0.4 tons)
- Malta (0.4 tons)
- Netherlands (0.2 tons)
- United States (0.2 tons)
- Romania (0.1 tons)
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