Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar - 2023
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar (FOB) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar (CIF) - 2022
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $739 per ton, with a decrease of -2.1% against the previous year. In general, the export price showed a pronounced slump. The pace of growth appeared the most rapid in 2019 an increase of 57%. As a result, the export price reached the peak level of $1,327 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($5,454 per ton), while the average price for exports to Thailand ($580 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 Taiwan (Chinese) (+13.0%), while the prices for the other major destinations experienced a decline.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar (CIF) - 2022
In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $6,453 per ton, remaining relatively unchanged against the previous year. Overall, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 198%. As a result, import price attained the peak level of $18,527 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($6,625 per ton), while the price for China totaled $6,376 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.7%).
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar
In 2022, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Myanmar surged to 5.8K tons, rising by 448% on the previous year's figure. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 983%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg surged to $4.3M in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 983%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 93.5 | 3,563 | 3710.7% |
| Thailand | 577 | 50.7 | 278 | 452 | -7.8% |
| Malaysia | 16.5 | 3.6 | 50.5 | 25.5 | 15.6% |
| Others | 281 | 19.3 | 375 | 236 | -5.7% |
| Total | 875 | 73.6 | 797 | 4,276 | 69.7% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Myanmar in 2022:
- China (4.9K tons)
- Thailand (0.8K tons)
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar
In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg imported into Myanmar contracted remarkably to 92 tons, which is down by -26.8% on the previous year's figure. Overall, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 2,416%.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg dropped remarkably to $594K in 2022. In general, imports showed a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 776% against the previous year.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,458 | 90.5 | 262 | 426 | -33.6% |
| Thailand | 32.6 | 1.9 | 546 | 167 | 72.4% |
| Others | 40.5 | 0.2 | 4.6 | 1.2 | -69.1% |
| Total | 1,531 | 92.6 | 812 | 594 | -27.1% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Myanmar in 2022:
- China (66.8 tons)
- Thailand (25.2 tons)
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