Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Spain - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Spain (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Spain (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Spain
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Spain
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Spain (CIF) - 2022
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $4,372 per ton in 2022, surging by 6.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2021 when the average import price increased by 23% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,839 per ton), while the price for India ($1,536 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.4%), 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 Spain (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $6,017 per ton, almost unchanged from the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg increased by +19.3% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 125% against the previous year. As a result, the export price attained the peak level of $8,502 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
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 the United Arab Emirates ($266,448 per ton), while the average price for exports to Cabo Verde ($3,095 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 the United Arab Emirates (+64.1%), 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 Spain
In 2022, overseas purchases of tea, green; (not fermented), in immediate packings of a content exceeding 3kg increased by 13% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a mild shrinkage.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg surged to $7.6M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,105 | 1,292 | 700 | 2,016 | 22.2% |
| Germany | 1,389 | 1,259 | 1,290 | 1,313 | -1.9% |
| Belgium | 404 | 945 | 909 | 1,082 | 38.9% |
| France | 1,125 | 915 | 957 | 1,054 | -2.1% |
| India | 676 | 494 | 944 | 646 | -1.5% |
| Netherlands | 382 | 169 | 279 | 405 | 2.0% |
| Argentina | 45.3 | N/A | 29.4 | 83.1 | 22.4% |
| Indonesia | 27.2 | 208 | 244 | 35.9 | 9.7% |
| Others | 595 | 561 | 1,022 | 1,005 | 19.1% |
| Total | 5,749 | 5,843 | 6,374 | 7,642 | 10.0% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Spain in 2022:
- China (718.6 tons)
- India (420.7 tons)
- Belgium (189.3 tons)
- Germany (148.6 tons)
- France (131.8 tons)
- Netherlands (47.2 tons)
- Argentina (34.5 tons)
- Indonesia (7.2 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Spain
After two years of decline, overseas shipments of tea, green; (not fermented), in immediate packings of a content exceeding 3kg increased by 11% to 38 tons in 2022. In general, exports, however, showed a sharp reduction.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $226K in 2022. Over the period under review, exports, however, saw a dramatic downturn.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 696 | 695 | 171 | 202 | -33.8% |
| Portugal | 16.7 | 9.6 | 4.4 | 9.2 | -18.0% |
| Costa Rica | 25.4 | 17.9 | 5.9 | 2.4 | -54.5% |
| Italy | 88.7 | 32.9 | 4.6 | N/A | -77.2% |
| Others | 97.0 | 68.3 | 18.1 | 12.6 | -49.4% |
| Total | 923 | 824 | 204 | 226 | -37.4% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Spain in 2022:
- France (34.8 tons)
- Portugal (1.1 tons)
- Costa Rica (0.4 tons)
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