Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Romania - 2024

Contents:

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

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

In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $7,442 per ton, picking up by 13% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.4% 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 +36.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 30%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($66,038 per ton), while the price for Vietnam ($2,186 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+72.4%), 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 Romania (FOB) - 2022

In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $18,119 per ton, with an increase of 91% against the previous year. Over the period under review, the export price posted a buoyant increase. The growth pace was the most rapid in 2015 an increase of 93%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

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 Moldova ($49,291 per ton), while the average price for exports to Spain ($4,597 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 Greece (+48.6%), 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 Romania

In 2022, supplies from abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -9.7% to 95 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 7.3% against the previous year. As a result, imports attained the peak of 135 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 amounted to $708K in 2022. In general, imports continue to indicate a pronounced descent.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland17726627430119.4%
China89.010831.577.9-4.3%
Vietnam45.545.866.168.314.5%
Germany45.740.410549.93.0%
Austria62.451.735.945.6-9.9%
Czech Republic25.030.022.625.60.8%
Spain10.319.115.424.132.8%
Italy48.913.711.712.7-36.2%
Hungary8.19.813.810.07.3%
LatviaN/A1.15.59.8198.5%
United Kingdom15162.18.67.9-62.6%
Others91.685.110574.8-6.5%
Total755733695708-2.1%

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

  1. Vietnam (31.3 tons)
  2. China (27.3 tons)
  3. Poland (18.9 tons)
  4. Germany (3.6 tons)
  5. Austria (2.5 tons)
  6. Czech Republic (1.9 tons)
  7. Latvia (1.8 tons)
  8. Italy (1.5 tons)
  9. Hungary (1.3 tons)
  10. Spain (1.3 tons)
  11. United Kingdom (0.1 tons)

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

After two years of decline, overseas shipments of tea, green; (not fermented), in immediate packings of a content exceeding 3kg increased by 858% to 4.3 tons in 2022. Over the period under review, exports, however, saw a dramatic decrease.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg soared to $77K in 2022. In general, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.10.52.843.3656.5%
Moldova9.73.40.614.013.0%
Serbia3.58.70.411.749.5%
Hungary39.536.3N/A4.1-53.0%
Ireland0.62.90.24.088.2%
Germany6.20.20.1N/A-87.3%
Others0.41.10.10.40.0%
Total60.053.24.277.48.9%

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

  1. United Kingdom (2337.0 kg)
  2. Serbia (692.0 kg)
  3. Ireland (671.0 kg)
  4. Moldova (283.0 kg)
  5. Hungary (239.0 kg)
  6. Germany (4.0 kg)

Source: IndexBox Market Intelligence Platform

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