Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Switzerland - 2024
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Switzerland (CIF) - 2024
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Switzerland (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Switzerland
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Switzerland
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Switzerland (CIF) - 2024
In May 2024, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $16,844 per ton, growing by 26% against the previous month. Overall, the import price recorded slight growth. The pace of growth was the most pronounced in November 2023 when the average import price increased by 256% month-to-month. Over the period under review, average import prices reached the maximum at $31,346 per ton in February 2024; however, from March 2024 to May 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($37,086 per ton), while the price for Sri Lanka ($7,719 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+6.2%), 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 Switzerland (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $10,258 per ton, with a decrease of -35.7% against the previous year. Overall, the export price showed a perceptible shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 156%. As a result, the export price reached the peak level of $27,370 per ton. From 2019 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 UK ($46,318 per ton), while the average price for exports to Italy ($6,972 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 China (+11.6%), 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 Switzerland
For the third year in a row, Switzerland recorded decline in supplies from abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg, which decreased by -45.2% to 123 tons in 2022. Over the period under review, imports faced a precipitous shrinkage. The smallest decline of -4.6% was in 2020.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg declined dramatically to $2.1M in 2022. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. As a result, imports reached the peak of $3.5M. 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 Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,520 | 1,715 | 1,198 | 813 | -18.8% |
| China | 394 | 444 | 485 | 493 | 7.8% |
| Japan | 354 | 440 | 356 | 337 | -1.6% |
| France | 96.6 | 212 | 66.4 | 110 | 4.4% |
| Indonesia | 1.6 | 3.4 | 24.8 | 56.7 | 228.5% |
| Sri Lanka | 278 | 260 | 219 | 33.7 | -50.5% |
| India | 42.5 | 99.5 | 62.9 | 32.4 | -8.6% |
| United Kingdom | 99.3 | 111 | 52.3 | 23.2 | -38.4% |
| Others | 124 | 174 | 170 | 198 | 16.9% |
| Total | 2,910 | 3,458 | 2,635 | 2,096 | -10.4% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Switzerland in 2022:
- China (43.2 tons)
- Germany (43.2 tons)
- Indonesia (9.9 tons)
- Japan (7.9 tons)
- India (4.5 tons)
- France (3.3 tons)
- Sri Lanka (2.8 tons)
- United Kingdom (0.5 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Switzerland
In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg exported from Switzerland skyrocketed to 9.8 tons, rising by 26% compared with 2021. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 342%. As a result, the exports reached the peak of 18 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 shrank markedly to $100K in 2022. In general, exports saw a strong expansion. The growth pace was the most rapid in 2020 with an increase of 218%. As a result, the exports attained the peak of $263K. 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 Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.9 | N/A | 9.4 | 26.7 | 209.6% |
| Germany | 16.1 | 154 | 56.1 | 24.6 | 15.2% |
| Netherlands | 0.1 | N/A | N/A | 22.8 | 510.9% |
| France | 49.6 | 57.9 | 0.3 | 16.3 | -31.0% |
| Morocco | N/A | N/A | N/A | 8.5 | 0% |
| United Arab Emirates | 0.1 | 7.1 | N/A | 0.1 | 0.0% |
| United Kingdom | 5.7 | 41.4 | 49.4 | N/A | 194.4% |
| Luxembourg | 6.1 | N/A | N/A | N/A | 0% |
| Others | 4.1 | 2.1 | 8.7 | 1.4 | -30.1% |
| Total | 82.7 | 263 | 124 | 100 | 6.5% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Switzerland in 2022:
- Italy (3.8 tons)
- Netherlands (3.2 tons)
- France (1.3 tons)
- Germany (1.1 tons)
- Morocco (0.3 tons)
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