Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan (FOB) - 2024
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan (CIF) - 2024
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Japan
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 28.8 | 36.5 | 45.1 | 40.6 | 12.1% |
Taiwan (Chinese) | 11.0 | 11.2 | 11.4 | 10.5 | -1.5% |
Germany | 7.6 | 6.1 | 11.1 | 8.6 | 4.2% |
Singapore | 5.3 | 3.3 | 5.2 | 4.5 | -5.3% |
Canada | 0.6 | 0.9 | 1.3 | 3.9 | 86.6% |
Thailand | 2.1 | 2.1 | 2.1 | 2.5 | 6.0% |
Indonesia | 2.3 | 0.8 | 1.1 | 1.5 | -13.3% |
France | 1.6 | 1.5 | 1.4 | 1.3 | -6.7% |
Malaysia | 1.0 | 0.8 | 0.7 | 0.8 | -7.2% |
Others | 7.3 | 7.1 | 7.9 | 6.9 | -1.9% |
Total | 67.5 | 70.4 | 87.3 | 81.1 | 6.3% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Japan in 2022:
- Taiwan (Chinese) (1366.0 tons)
- United States (1255.3 tons)
- Germany (339.2 tons)
- Thailand (188.9 tons)
- Singapore (140.2 tons)
- Canada (127.2 tons)
- Indonesia (101.5 tons)
- Malaysia (72.1 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 18.6 | 17.8 | 15.2 | 14.4 | -8.2% |
Australia | 2.7 | 1.9 | 1.6 | 2.0 | -9.5% |
Taiwan (Chinese) | 0.4 | 0.5 | 0.4 | 0.4 | 0.0% |
Vietnam | 1.0 | 0.8 | 0.7 | 0.3 | -33.1% |
Others | 0.4 | 0.2 | 0.2 | 0.1 | -37.0% |
Total | 23.0 | 21.2 | 18.0 | 17.2 | -9.2% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Japan in 2022:
- China (2245.6 tons)
- Australia (219.7 tons)
- Vietnam (57.7 tons)
- Taiwan (Chinese) (49.9 tons)
This report provides an in-depth analysis of the tea market in Japan.
This report provides an in-depth analysis of the global tea market.
This report provides an in-depth analysis of the tea market in Japan.
This report provides an in-depth analysis of the global tea market.
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