Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan - 2024

Contents:

  1. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan (FOB) - 2024
  2. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan (CIF) - 2024
  3. Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan
  4. Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan

Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan (FOB) - 2024

In May 2024, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $19,529 per ton, increasing by 10% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average export price increased by 51% against the previous month. As a result, the export price reached the peak level of $28,550 per ton. From October 2023 to May 2024, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In May 2024, the country with the highest price was France ($36,511 per ton), while the average price for exports to Taiwan (Chinese) ($6,924 per ton) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.5%), 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 Japan (CIF) - 2024

The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $7,619 per ton in May 2024, reducing by -14.9% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2024 when the average import price increased by 36% against the previous month. As a result, import price attained the peak level of $8,954 per ton, and then reduced in the following month.

Average prices varied somewhat amongst the major supplying countries. In May 2024, the country with the highest price was Vietnam ($10,944 per ton), while the price for China ($7,345 per ton) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Australia (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -0.6% to 3.9K tons in 2022. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of 3.9K tons, leveling off in the following year.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg declined to $81M in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of $87M, and then shrank in the following year.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States28.836.545.140.612.1%
Taiwan (Chinese)11.011.211.410.5-1.5%
Germany7.66.111.18.64.2%
Singapore5.33.35.24.5-5.3%
Canada0.60.91.33.986.6%
Thailand2.12.12.12.56.0%
Indonesia2.30.81.11.5-13.3%
France1.61.51.41.3-6.7%
Malaysia1.00.80.70.8-7.2%
Others7.37.17.96.9-1.9%
Total67.570.487.381.16.3%

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

  1. Taiwan (Chinese) (1366.0 tons)
  2. United States (1255.3 tons)
  3. Germany (339.2 tons)
  4. Thailand (188.9 tons)
  5. Singapore (140.2 tons)
  6. Canada (127.2 tons)
  7. Indonesia (101.5 tons)
  8. Malaysia (72.1 tons)
  9. France (70.8 tons)

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

In 2022, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Japan dropped to 2.6K tons, which is down by -4.1% compared with the previous year. Overall, imports saw a abrupt downturn.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg shrank slightly to $17M in 2022. Over the period under review, imports recorded a abrupt downturn.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.617.815.214.4-8.2%
Australia2.71.91.62.0-9.5%
Taiwan (Chinese)0.40.50.40.40.0%
Vietnam1.00.80.70.3-33.1%
Others0.40.20.20.1-37.0%
Total23.021.218.017.2-9.2%

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

  1. China (2245.6 tons)
  2. Australia (219.7 tons)
  3. Vietnam (57.7 tons)
  4. Taiwan (Chinese) (49.9 tons)

Source: IndexBox Market Intelligence Platform

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