Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Portugal - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Portugal (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Portugal (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Portugal
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Portugal
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Portugal (CIF) - 2022
In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $10,253 per ton, increasing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2013 an increase of 18%. The import price peaked at $12,030 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($29,326 per ton), while the price for France ($7,230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.0%), 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 Portugal (FOB) - 2022
The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $31,971 per ton in 2022, growing by 34% against the previous year. In general, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 331% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($68,111 per ton), while the average price for exports to Cabo Verde ($4,242 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 Ireland (+50.1%), 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 Portugal
In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg imported into Portugal skyrocketed to 57 tons, jumping by 20% against the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg soared to $584K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 64.9 | 51.2 | 85.1 | 189 | 42.8% |
| Netherlands | 70.7 | 109 | 148 | 147 | 27.6% |
| Germany | 57.8 | 58.2 | 122 | 108 | 23.2% |
| Japan | 238 | 39.7 | 0.5 | 84.1 | -29.3% |
| France | N/A | 5.1 | 4.6 | 20.7 | 101.5% |
| China | N/A | N/A | 13.6 | 18.5 | 36.0% |
| United Kingdom | 13.1 | 0.4 | 31.2 | 3.8 | -33.8% |
| India | 0.8 | 29.2 | 1.5 | 0.3 | -27.9% |
| Others | 6.5 | 19.2 | 18.0 | 12.7 | 25.0% |
| Total | 452 | 312 | 424 | 584 | 8.9% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Portugal in 2022:
- Spain (25.5 tons)
- Netherlands (19.1 tons)
- Germany (4.1 tons)
- Japan (2.9 tons)
- France (2.9 tons)
- China (0.9 tons)
- United Kingdom (0.4 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Portugal
In 2022, overseas shipments of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -38.1% to 10 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 751% against the previous year. As a result, the exports attained the peak of 50 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 contracted remarkably to $328K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 476%.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.1 | 137 | 236 | 172 | 1098.1% |
| Ireland | N/A | 23.4 | 45.3 | 67.8 | 70.2% |
| France | 0.1 | 30.4 | 18.9 | 18.6 | 470.8% |
| United Kingdom | N/A | 7.7 | 38.0 | 17.4 | 50.3% |
| Canada | 18.4 | 25.9 | 17.2 | 12.1 | -13.0% |
| Angola | 3.6 | 3.0 | 7.6 | 9.8 | 39.6% |
| Cabo Verde | 4.5 | 5.9 | 3.0 | 4.2 | -2.3% |
| Others | 20.9 | 41.2 | 29.1 | 25.9 | 7.4% |
| Total | 47.6 | 274 | 395 | 328 | 90.3% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Portugal in 2022:
- Spain (3.1 tons)
- United Kingdom (1.7 tons)
- Angola (1.4 tons)
- Cabo Verde (1.0 tons)
- Ireland (1.0 tons)
- Canada (0.8 tons)
- France (0.4 tons)
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