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

Contents:

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

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

The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $1,760 per ton in 2022, with a decrease of -4.2% against the previous year. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 8.1% against the previous year. The import price peaked at $3,652 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,348 per ton), while the price for Argentina ($1,171 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $5,490 per ton, which is down by -6.6% against the previous year. In general, the export price, however, continues to indicate a perceptible expansion. The growth pace was the most rapid in 2016 an increase of 111% against the previous year. As a result, the export price attained the peak level of $8,413 per ton. From 2017 to 2022, the average 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 Venezuela ($28,717 per ton), while the average price for exports to Chile ($3,132 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 Venezuela (+20.6%), 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 Peru

In 2022, approx. 61 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were imported into Peru; with an increase of 18% against the previous year. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 112%. As a result, imports reached the peak of 71 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 rose significantly to $108K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 70%. As a result, imports reached the peak of $120K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina27.340.117.645.718.7%
China10.777.020.733.245.9%
Indonesia23.1N/A45.324.41.8%
VietnamN/AN/A9.5N/A0%
Others9.43.12.24.4-22.4%
Total70.512095.310815.3%

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

  1. Argentina (39.0 tons)
  2. Indonesia (11.9 tons)
  3. China (9.9 tons)

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

In 2022, approx. 5.4 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Peru; picking up by 11% against the year before. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year. As a result, the exports reached the peak of 5.9 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg rose to $29K in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, the exports attained the peak of $31K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador20.74.7N/A14.1-12.0%
Chile3.0N/AN/A12.460.5%
SwitzerlandN/AN/A3.82.4-36.8%
GuatemalaN/A25.8N/AN/A0%
FranceN/AN/A22.9N/A0%
PanamaN/AN/A0.5N/A0%
Others2.3N/A1.00.6-36.1%
Total26.030.528.329.44.2%

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

  1. Chile (3.9 tons)
  2. Ecuador (1.2 tons)
  3. Switzerland (0.2 tons)

Source: IndexBox Market Intelligence Platform

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