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

Contents:

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

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

In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $9,148 per ton, with a decrease of -13% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 +28.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $10,515 per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($33,495 per ton), while the price for Poland ($5,586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.6%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $11,661 per ton, approximately mirroring the previous year. Over the period under review, the export price recorded a noticeable increase. The most prominent rate of growth was recorded in 2020 an increase of 59%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue 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 Slovakia ($45,642 per ton), while the average price for exports to Hungary ($4,455 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 Croatia (+36.8%), 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 the Czech Republic

Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into the Czech Republic skyrocketed to 344 tons in 2022, growing by 68% compared with the previous year's figure. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, 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.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg soared to $3.1M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% 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 +55.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (144.8 tons)
2. China (108.8 tons)
3. Netherlands (34.1 tons)
4. Austria (14.7 tons)
5. United Kingdom (13.4 tons)
6. Japan (12.2 tons)
7. Poland (4.3 tons)

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

In 2022, shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -32.1% to 363 kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2020 when exports increased by 53%. As a result, the exports reached the peak of 50 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 contracted significantly to $4.2K in 2022. In general, exports showed a dramatic descent. The pace of growth was the most pronounced in 2020 with an increase of 143% against the previous year. As a result, the exports attained the peak of $585K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Austria (199.0 kg)
2. Lithuania (49.0 kg)
3. Romania (36.0 kg)
4. Netherlands (20.0 kg)
5. Slovakia (20.0 kg)
6. Hungary (18.0 kg)
7. Georgia (7.0 kg)
8. Germany (1.0 kg)
9. Croatia (1.0 kg)

Source: IndexBox Market Intelligence Platform