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)
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