Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya - 2023
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya (FOB) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya (CIF) - 2023
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya (FOB) - 2022
The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $4,187 per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 18%. As a result, the export price reached the peak level of $4,187 per ton; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($22,305 per ton), while the average price for exports to the United Arab Emirates ($3,052 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 (+25.3%), 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 Kenya (CIF) - 2023
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $3,417 per ton in December 2023, waning by -6.1% against the previous month. Over the period under review, the import price, however, showed a tangible expansion. The growth pace was the most rapid in November 2023 when the average import price increased by 142% against the previous month. As a result, import price attained the peak level of $3,639 per ton, and then declined in the following month.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($29,686 per ton), while the price for Uganda ($3,138 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+27.0%), while the prices for the other major suppliers experienced a decline.
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya
In 2022, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Kenya contracted significantly to 107 tons, waning by -26.5% compared with the year before. In general, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 113% against the previous year.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg reduced notably to $448K in 2022. Overall, exports recorded a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 113% against the previous year.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,065 | 92.3 | 107 | 200 | -42.7% |
| Poland | 1,016 | 98.7 | 111 | 101 | -53.7% |
| Egypt | 412 | N/A | 51.3 | 39.0 | -54.4% |
| Israel | N/A | N/A | 19.2 | 29.2 | 52.1% |
| United States | 357 | 16.5 | 62.4 | 9.8 | -69.8% |
| Japan | 89.6 | 18.2 | 6.4 | 8.3 | -54.8% |
| Togo | N/A | N/A | N/A | 7.1 | 0% |
| United Kingdom | 251 | N/A | 2.0 | 0.5 | -87.4% |
| Russia | 876 | 20.8 | 41.0 | N/A | -78.4% |
| Others | 251 | 39.8 | 209 | 53.5 | -40.3% |
| Total | 4,317 | 286 | 610 | 448 | -53.0% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Kenya in 2022:
- United Arab Emirates (65.5 tons)
- Poland (25.1 tons)
- Egypt (3.0 tons)
- Israel (2.2 tons)
- Togo (2.0 tons)
- United States (1.8 tons)
- Japan (1.8 tons)
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya
After two years of decline, purchases abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg increased by 30% to 51 tons in 2022. In general, imports, however, faced a dramatic decrease.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg skyrocketed to $107K in 2022. Overall, imports, however, showed a precipitous setback.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | N/A | 38.7 | 30.2 | 47.9 | 11.3% |
| China | 154 | 13.4 | 7.9 | 26.8 | -44.2% |
| United Arab Emirates | 330 | 33.0 | 14.7 | 9.3 | -69.6% |
| Sri Lanka | N/A | 1.9 | N/A | 4.0 | 45.1% |
| Uganda | 2,219 | 7.0 | 16.2 | N/A | -91.5% |
| Vietnam | N/A | 34.9 | 5.0 | N/A | -85.7% |
| Others | 96.2 | 2.7 | 8.5 | 19.0 | -41.8% |
| Total | 2,799 | 132 | 82.6 | 107 | -66.3% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Kenya in 2022:
- Indonesia (24.6 tons)
- China (23.0 tons)
- United Arab Emirates (2.1 tons)
- Sri Lanka (0.9 tons)
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