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

Contents:

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

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

The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $9,288 per ton in 2022, rising by 3.5% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 decreased by -2.2% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 27%. As a result, import price attained the peak level of $9,500 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($32,948 per ton), while the price for Morocco ($471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+19.7%), 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 Oman (FOB) - 2022

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $9,472 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price posted a perceptible increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 21% against the previous year. The export price peaked at $9,472 per ton in 2020; afterwards, it flattened through to 2022.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($9,573 per ton), while the average price for exports to Iran totaled $8,748 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+57.7%), 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 Oman

In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg imported into Oman skyrocketed to 146 tons, rising by 24% on the year before. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 183% against the previous year. As a result, imports reached the peak of 174 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 soared to $1.4M in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 259%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. United Arab Emirates (36.4 tons)
2. Morocco (24.9 tons)
3. Poland (22.3 tons)
4. Iran (18.1 tons)
5. China (14.1 tons)
6. Kuwait (6.7 tons)
7. Sri Lanka (3.9 tons)
8. Kenya (3.9 tons)
9. Turkey (2.8 tons)
10. United States (2.1 tons)
11. India (1.4 tons)

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

In 2022, approx. 118 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Oman; surging by 4.5% on the previous year's figure. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. As a result, the exports reached the peak of 123 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg rose to $1.1M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 20% against the previous year. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. United Arab Emirates (101.8 tons)
2. Iran (15.4 tons)

Source: IndexBox Market Intelligence Platform