Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Lithuania - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Lithuania (CIF) - 2024
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Lithuania (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Lithuania
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Lithuania
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Lithuania (CIF) - 2024
In April 2024, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $9,244 per ton, increasing by 5.7% against the previous month. Over the period under review, the import price posted slight growth. The growth pace was the most rapid in December 2023 when the average import price increased by 410% month-to-month. As a result, import price reached the peak level of $41,530 per ton. From January 2024 to April 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Latvia ($45,640 per ton), while the price for the Czech Republic ($1,126 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Italy (+38.6%), 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 Lithuania (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $17,467 per ton, surging by 42% against the previous year. In general, the export price continues to indicate strong growth. The growth pace was the most rapid in 2021 an increase of 71% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($20,551 per ton), while the average price for exports to Poland ($2,299 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 Russia (+17.8%), while the prices for the other major destinations experienced a decline.
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Lithuania
In 2022, overseas purchases of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -0.5% to 84 tons, falling for the second consecutive year after two years of growth. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -27.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 64%. As a result, imports reached the peak of 116 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg rose markedly to $667K in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 218 | 315 | 305 | 407 | 23.1% |
| Japan | 45.4 | 24.9 | 63.5 | 64.6 | 12.5% |
| Germany | 139 | 84.0 | 128 | 58.7 | -25.0% |
| Latvia | 31.4 | 39.9 | 33.3 | 50.8 | 17.4% |
| Poland | 20.3 | 23.8 | 36.1 | 23.6 | 5.1% |
| Czech Republic | 31.3 | 6.1 | 8.8 | 20.6 | -13.0% |
| Others | 24.8 | 53.7 | 29.4 | 42.1 | 19.3% |
| Total | 509 | 547 | 604 | 667 | 9.4% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Lithuania in 2022:
- China (66.1 tons)
- Germany (6.7 tons)
- Poland (3.4 tons)
- Czech Republic (2.5 tons)
- Japan (1.4 tons)
- Latvia (1.1 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Lithuania
In 2022, shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -19.5% to 14 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2020 when exports increased by 359%. As a result, the exports reached the peak of 67 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $236K in 2022. Overall, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 148%. As a result, the exports attained the peak of $485K. 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 Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 13.5 | 6.9 | 26.8 | 153 | 124.6% |
| Estonia | 132 | 152 | 82.7 | 49.2 | -28.0% |
| Russia | 22.4 | 171 | 79.3 | 21.0 | -2.1% |
| Belarus | 9.0 | 4.5 | 5.6 | 6.3 | -11.2% |
| Kazakhstan | 12.2 | 1.4 | 2.9 | 3.3 | -35.3% |
| Latvia | 1.5 | 3.2 | 3.5 | 2.9 | 24.6% |
| Poland | N/A | 143 | N/A | N/A | 0% |
| Others | 5.1 | 2.4 | 6.4 | 0.7 | -48.4% |
| Total | 195 | 485 | 207 | 236 | 6.6% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Lithuania in 2022:
- United Kingdom (7.4 tons)
- Estonia (3.5 tons)
- Russia (1.1 tons)
- Latvia (0.6 tons)
- Belarus (0.5 tons)
- Kazakhstan (0.3 tons)
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