Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Libya - 2022
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Libya (CIF) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Libya
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Libya (CIF) - 2022
In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $6,835 per ton, increasing by 2.5% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -2.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 39% against the previous year. Over the period under review, average import prices reached the maximum at $7,014 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 China ($17,085 per ton), while the price for Sri Lanka ($4,629 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Libya
In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg imported into Libya fell modestly to 472 tons, waning by -3.3% against the previous year. In general, imports recorded a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 7%.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg contracted slightly to $3.2M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1.8% against the previous year.
Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Libya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sri Lanka | 1.2 | 2.3 | 2.8 | 1.7 | 12.3% |
China | 1.9 | 0.6 | 0.1 | 1.3 | -11.9% |
Egypt | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.3 | 3.2 | 3.3 | 3.2 | -1.0% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Libya in 2022:
- Sri Lanka (367.8 tons)
- China (75.9 tons)
- Egypt (26.9 tons)
This report provides an in-depth analysis of the tea market in Libya.
This report provides an in-depth analysis of the global tea market.
This report provides an in-depth analysis of the tea market in Libya.
This report provides an in-depth analysis of the global tea market.
Discover the top import markets for tea around the world based on data from the IndexBox market intelligence platform.
The tea market is growing rapidly, with new brands and products emerging all the time. But what trends are driving this growth?
The global tea market revenue amounted to $25.9B in 2018, picking up by 7.7% against the previous year. Overall, the total market indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +4.3% over that period. Global
Global tea consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global tea imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
From 2008 to 2015, global exports on the tea market showed mixed dynamics, amounting to X thousand tons in 2015. In value terms, they dropped to X million USD in 2015, which was X million USD less than the year before.
The global tea market showed an upward trend from 2008 to 2013 and reached a peak at X thousand tons. However, in 2014, dynamics downturned. During the next two years, the global tea market decreased to X thousand tons.
The volume of total imports on the global tea market in 2015 stood at X thousand tons. In value terms, imports of tea decreased to X million USD in 2015, which was X million USD (X%) less than the year before.
From 2008 to 2013, global tea market production showed steady growth, reaching its peak level at X thousand tons. It was followed by a slight shrinkage over the next two years to X thousand tons in 2015.
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