Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Norway - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Norway (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Norway (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Norway
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Norway
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Norway (CIF) - 2022
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $15,554 per ton in 2022, surging by 80% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.1% 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 increased by +104.2% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Japan ($49,922 per ton), while the price for Germany ($7,618 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.1%), 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 Norway (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $51 per ton, declining by -99.5% against the previous year. In general, the export price saw a sharp downturn. The most prominent rate of growth was recorded in 2013 an increase of 27%. The export price peaked at $10,000 per ton in 2021, and then fell markedly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($242 per ton), while the average price for exports to Namibia ($3.7 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 Iceland (-32.8%), 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 Norway
In 2022, supplies from abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -63% to 13 tons, falling for the second consecutive year after two years of growth. In general, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, imports attained the peak of 37 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg declined sharply to $205K in 2022. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of $327K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 69.7 | 87.2 | 112 | 52.4 | -9.1% |
Japan | 12.9 | 33.3 | 38.0 | 38.4 | 43.9% |
Germany | 27.7 | 17.1 | 15.0 | 36.8 | 9.9% |
United Kingdom | 71.5 | 21.2 | 9.4 | 10.0 | -48.1% |
Sweden | 21.1 | 35.5 | 26.6 | 8.1 | -27.3% |
Taiwan (Chinese) | 1.1 | 1.7 | 3.4 | 7.3 | 87.9% |
Thailand | 2.9 | 1.2 | 1.6 | 5.6 | 24.5% |
Morocco | 1.1 | 4.1 | 5.5 | 4.6 | 61.1% |
South Korea | 0.1 | 4.4 | 5.3 | 4.0 | 242.0% |
Poland | 3.7 | 6.7 | 12.3 | 3.9 | 1.8% |
Turkey | 0.6 | 3.2 | 9.4 | 3.8 | 85.0% |
Iran | 1.2 | 0.9 | 3.1 | 2.3 | 24.2% |
Indonesia | 3.4 | 3.5 | 2.7 | 0.6 | -43.9% |
Others | 71.7 | 107 | 63.8 | 26.6 | -28.1% |
Total | 289 | 327 | 308 | 205 | -10.8% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Norway in 2022:
- Germany (4825.0 kg)
- China (3325.0 kg)
- Japan (770.0 kg)
- United Kingdom (522.0 kg)
- Morocco (519.0 kg)
- South Korea (461.0 kg)
- Taiwan (Chinese) (411.0 kg)
- Turkey (374.0 kg)
- Iran (282.0 kg)
- Poland (274.0 kg)
- Thailand (273.0 kg)
- Sweden (248.0 kg)
- Indonesia (123.0 kg)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Norway
Exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Norway skyrocketed to 712 kg in 2022, increasing by 23,633% against 2021 figures. Over the period under review, exports, however, showed a abrupt shrinkage.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg surged to $36 in 2022. In general, exports, however, showed a dramatic setback.
Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
Germany | 2.9 | 0.5 | N/A | N/A | -82.8% |
Namibia | N/A | N/A | N/A | N/A | 0% |
Sweden | 5.5 | 1.1 | N/A | N/A | -80.0% |
Poland | 0.3 | 0.7 | N/A | N/A | 133.3% |
Denmark | 1.6 | 1.1 | N/A | N/A | -31.3% |
Czech Republic | N/A | 9.3 | N/A | N/A | 0% |
Others | 0.9 | 0.8 | N/A | N/A | -11.1% |
Total | 11.2 | 13.4 | N/A | N/A | 19.6% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Norway in 2022:
- Hong Kong SAR (569.0 kg)
- Germany (63.0 kg)
- Namibia (55.0 kg)
- Poland (12.0 kg)
- Denmark (5.0 kg)
- Sweden (4.0 kg)
This report provides an in-depth analysis of the tea market in Norway.
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This report provides an in-depth analysis of the tea market in Norway.
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