Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia - 2022
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia (CIF) - 2022
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $4,447 per ton in 2021, which is down by -5.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $4,973 per ton. From 2016 to 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($16,314 per ton), while the price for Vietnam ($1,551 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+14.8%), 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 Saudi Arabia (FOB) - 2022
In 2021, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $10,074 per ton, declining by -13% against the previous year. Overall, the export price, however, showed a mild increase. The pace of growth appeared the most rapid in 2020 an increase of 259%. As a result, the export price reached the peak level of $11,574 per ton, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($11,490 per ton), while the average price for exports to Mauritania ($1,857 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+98.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia
Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Saudi Arabia reached 2.6K tons in 2022, increasing by 6.7% on the year before. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 31%. As a result, imports reached the peak of 2.7K 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 expanded notably to $12M in 2022. The total import value increased at an average annual rate of +10.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia (Million USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| United Arab Emirates | N/A | 4.5 | 4.5 | 0.0% |
| China | 2.8 | 3.2 | 2.6 | -3.6% |
| Sri Lanka | 1.0 | 1.5 | 0.8 | -10.6% |
| Vietnam | 0.4 | 0.8 | 0.5 | 11.8% |
| Indonesia | 0.5 | 0.5 | 0.4 | -10.6% |
| India | 3.1 | 2.2 | N/A | -29.0% |
| Others | 0.9 | N/A | 1.8 | 41.4% |
| Total | 8.6 | 12.8 | 10.7 | 11.5% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Saudi Arabia in 2022:
- China (572.6 tons)
- Vietnam (345.9 tons)
- United Arab Emirates (276.1 tons)
- Sri Lanka (172.3 tons)
- Indonesia (33.0 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia
In 2022, approx. 29 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Saudi Arabia; picking up by 32% against the year before. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 357%. As a result, the exports attained the peak of 36 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 soared to $319K in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 1,539% against the previous year. As a result, the exports attained the peak of $417K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Saudi Arabia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| Jordan | 265 | 329 | 24.2% |
| Palestine | 124 | 183 | 47.6% |
| Bahrain | N/A | 36.7 | 0% |
| Mauritania | N/A | 26.0 | 0% |
| Kuwait | 20.3 | 6.4 | -68.5% |
| Pakistan | 8.6 | N/A | 0% |
| Others | N/A | -359.6 | 0% |
| Total | 417 | 221 | -47.0% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Saudi Arabia in 2022:
- Jordan (28.6 tons)
- Palestine (17.0 tons)
- Mauritania (14.0 tons)
- Bahrain (13.6 tons)
- Kuwait (2.0 tons)
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