Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Morocco - 2023
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Morocco (CIF) - 2023
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Morocco (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Morocco
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Morocco
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Morocco (CIF) - 2023
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $2,739 per ton in June 2023, approximately equating the previous month. In general, the import price, however, saw a mild slump. The most prominent rate of growth was recorded in October 2022 an increase of 13% against the previous month. Over the period under review, average import prices attained the maximum at $3,313 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -1.2% per month.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Morocco (FOB) - 2022
The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $13,921 per ton in 2022, falling by -12.9% against the previous year. In general, the export price, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 78%. Over the period under review, the average export prices reached the peak figure at $17,523 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 the United States ($216,471 per ton), while the average price for exports to Poland ($10,703 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 the United Arab Emirates (+79.5%), 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 Morocco
In 2022, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Morocco soared to 80K tons, rising by 121% compared with 2021. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 972% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg soared to $248M in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 488% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 31.5 | 185 | 108 | 246 | 98.4% |
| Others | 0.1 | 1.1 | 0.9 | 1.3 | 135.1% |
| Total | 31.6 | 186 | 109 | 248 | 98.7% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Morocco in 2022:
- China (80.0K tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Morocco
In 2022, overseas shipments of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -65.2% to 20 tons, falling for the second consecutive year after two years of growth. In general, exports, however, posted mild growth. The pace of growth appeared the most rapid in 2020 when exports increased by 394% against the previous year. As a result, the exports reached the peak of 98 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 contracted sharply to $285K in 2022. Overall, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 342%. As a result, the exports attained the peak of $1.5M. 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 Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 296 | 1,279 | 694 | 199 | -12.4% |
| Canada | 12.3 | 56.3 | 43.3 | 35.6 | 42.5% |
| Mauritania | 5.6 | 3.5 | 5.4 | 28.5 | 72.0% |
| Poland | N/A | N/A | N/A | 5.6 | 0% |
| Spain | N/A | N/A | 100 | N/A | 0% |
| Others | 32.4 | 195 | 97.5 | 15.9 | -21.1% |
| Total | 347 | 1,534 | 940 | 285 | -6.4% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Morocco in 2022:
- China (17.1 tons)
- Mauritania (2.2 tons)
- Poland (0.5 tons)
- Canada (0.4 tons)
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