Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kuwait - 2022
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kuwait (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kuwait (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kuwait
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kuwait
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kuwait (CIF) - 2022
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $12,226 per ton in 2022, with an increase of 3.6% against the previous year. Overall, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 80%. As a result, import price reached the peak level of $12,468 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($12,790 per ton), while the price for Vietnam ($5,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+17.9%), 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 Kuwait (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $3,999 per ton, dropping by -2.6% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 40% against the previous year. The export price peaked at $6,376 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($8,368 per ton), while the average price for exports to Iran ($2,907 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 Iran (+9.8%), 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 Kuwait
Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Kuwait skyrocketed to 129 tons in 2022, increasing by 38% compared with 2021. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 631% against the previous year. As a result, imports attained the peak of 165 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg skyrocketed to $1.6M in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 1,215%. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 32.2 | 1,697 | 506 | 1,010 | 215.4% |
| Egypt | 32.3 | 126 | 296 | 193 | 81.5% |
| Vietnam | 5.1 | 58.5 | 45.5 | 84.7 | 155.1% |
| Poland | N/A | N/A | N/A | 37.3 | 0% |
| Sri Lanka | 31.3 | 55.3 | 97.5 | 32.0 | 0.7% |
| Jordan | 3.5 | 6.0 | 18.7 | 26.4 | 96.1% |
| Others | 51.6 | 109 | 140 | 195 | 55.8% |
| Total | 156 | 2,052 | 1,104 | 1,578 | 116.3% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Kuwait in 2022:
- United Arab Emirates (79.0 tons)
- Vietnam (16.3 tons)
- Egypt (15.1 tons)
- Poland (2.9 tons)
- Sri Lanka (2.5 tons)
- Jordan (2.1 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kuwait
Exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Kuwait skyrocketed to 6.4 tons in 2022, growing by 43% on the year before. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,267%. As a result, the exports reached the peak of 8.3 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg skyrocketed to $26K in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 745% against the previous year. As a result, the exports attained the peak of $33K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 0.1 | 2.9 | 12.7 | 12.8 | 404.0% |
| Saudi Arabia | 3.3 | 12.9 | 0.8 | 6.3 | 24.1% |
| Oman | 0.3 | 14.2 | 1.9 | 3.8 | 133.1% |
| Bahrain | 0.1 | 0.6 | 0.7 | 0.7 | 91.3% |
| Others | 0.2 | 2.2 | 2.2 | 1.8 | 108.0% |
| Total | 3.9 | 32.8 | 18.3 | 25.6 | 87.2% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Kuwait in 2022:
- Iran (4.4 tons)
- Saudi Arabia (1.3 tons)
- Oman (0.5 tons)
- Bahrain (0.1 tons)
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