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

Contents:

  1. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kazakhstan (CIF) - 2024
  2. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kazakhstan (FOB) - 2022
  3. Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kazakhstan
  4. Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kazakhstan

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

The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $1,289 per ton in February 2024, shrinking by -43.6% against the previous month. In general, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in April 2023 an increase of 262% m-o-m. As a result, import price attained the peak level of $3,084 per ton. From May 2023 to February 2024, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Iran ($8,300 per ton), while the price for Uzbekistan ($260 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Iran (+36.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $2,295 per ton in 2022, with a decrease of -47% against the previous year. Overall, the export price continues to indicate a pronounced setback. The growth pace was the most rapid in 2019 an increase of 79% against the previous year. Over the period under review, the average export prices attained the maximum at $7,521 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($4,452 per ton), while the average price for exports to Uzbekistan ($2,108 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 Mongolia (+222.7%), 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 Kazakhstan

In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg imported into Kazakhstan shrank modestly to 982 tons, waning by -1.9% compared with the year before. Overall, imports recorded a slight curtailment. The growth pace was the most rapid in 2021 when imports increased by 3.9%.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg declined slightly to $1.8M in 2022. In general, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 7.5%.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4281,4201,5321,4510.5%
Georgia151135130127-5.6%
Vietnam21.57.033.354.336.2%
India13171.553.142.3-31.4%
Iran3.010.25.319.185.3%
Others293117140134-23.0%
Total2,0271,7611,8941,828-3.4%

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

  1. China (615.7 tons)
  2. Georgia (271.3 tons)
  3. Vietnam (36.6 tons)
  4. Iran (19.9 tons)
  5. India (16.5 tons)

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

In 2022, approx. 21 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Kazakhstan; rising by 1,665% compared with 2021 figures. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg skyrocketed to $48K in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 839% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan3.30.33.131.7112.6%
Russia5.30.20.513.034.9%
Kyrgyzstan0.5N/A1.42.775.4%
Others0.6N/A0.20.810.1%
Total9.80.55.248.270.1%

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

  1. Uzbekistan (15.0 tons)
  2. Russia (4.6 tons)
  3. Kyrgyzstan (1.2 tons)

Source: IndexBox Market Intelligence Platform

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