Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Mexico - 2024

Contents:

  1. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Mexico (CIF) - 2022
  2. Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Mexico (FOB) - 2022
  3. Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Mexico
  4. Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Mexico

Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Mexico (CIF) - 2022

In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $4,041 per ton, falling by -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 51% against the previous year. As a result, import price attained the peak level of $4,241 per ton, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($13,810 per ton), while the price for China ($3,746 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.8%), 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 Mexico (FOB) - 2022

In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $1,945 per ton, with an increase of 4.4% against the previous year. Over the period under review, the export price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 58%. The export price peaked at $4,484 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($2,611 per ton), while the average price for exports to Belize stood at $1,584 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (-3.3%), 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 Mexico

In 2022, approx. 414 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were imported into Mexico; with an increase of 19% against 2021. Over the period under review, imports, however, recorded a deep slump. The growth pace was the most rapid in 2020 when imports increased by 37%. As a result, imports reached the peak of 801 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg expanded markedly to $1.7M in 2022. In general, imports, however, continue to indicate a abrupt curtailment.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3011,2021,2391,4864.5%
Japan375147196135-28.9%
United States34.562321.231.2-3.3%
Germany24123621.715.6-59.8%
Others71.937.5N/A4.5-60.3%
Total2,0232,2461,4771,672-6.2%

Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Mexico in 2022:

  1. China (396.7 tons)
  2. Japan (11.3 tons)
  3. United States (3.6 tons)
  4. Germany (1.1 tons)

Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Mexico

In 2022, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Mexico shrank sharply to 2 tons, waning by -85.5% against 2021. Over the period under review, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 8.4% against the previous year.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg contracted dramatically to $3.9K in 2022. Overall, exports faced a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belize3.11.36.92.2-10.8%
ColombiaN/A6.25.71.6-49.2%
Costa Rica22.95.210.0N/A-33.9%
Honduras2.56.10.4N/A-60.0%
Others4.10.63.10.1-71.0%
Total32.619.526.03.9-50.7%

Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Mexico in 2022:

  1. Belize (1387.0 kg)
  2. Colombia (614.0 kg)

Source: IndexBox Market Intelligence Platform

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