Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic - 2023
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic (CIF) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic (FOB) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic (CIF) - 2022
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $6,135 per ton in 2022, reducing by -55.9% against the previous year. Over the period under review, the import price, however, recorded a pronounced expansion. The pace of growth was the most pronounced in 2021 an increase of 185% against the previous year. As a result, import price reached the peak level of $13,921 per ton, and then reduced sharply 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 the United States ($8,739 per ton), while the price for China ($1,356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic (FOB) - 2022
In 2022, the average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $2,455 per ton, remaining relatively unchanged against the previous year. In general, the export price saw a deep slump. The pace of growth was the most pronounced in 2015 when the average export price increased by 35%. The export price peaked at $9,260 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($2,431 per ton), while the average price for exports to the United States amounted to $1,910 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+44.1%), while the prices for the other major destinations experienced a decline.
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic
In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg imported into the Dominican Republic skyrocketed to 39 tons, picking up by 263% against the previous year's figure. Overall, imports continue to indicate buoyant growth.
In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg soared to $239K in 2022. Over the period under review, imports saw buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 110% against the previous year. As a result, imports reached the peak of $329K. 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 the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 113 | 262 | 73.5 | 155 | 11.1% |
| Spain | 22.8 | 35.1 | 24.6 | 40.5 | 21.1% |
| France | 3.0 | 5.1 | 4.2 | 14.3 | 68.3% |
| Panama | 4.1 | 6.3 | 6.2 | 8.8 | 29.0% |
| China | 8.0 | 9.8 | 9.3 | 5.8 | -10.2% |
| Others | 6.1 | 10.7 | 31.7 | 14.3 | 32.8% |
| Total | 157 | 329 | 149 | 239 | 15.0% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to the Dominican Republic in 2022:
- United States (17.8 tons)
- Spain (10.7 tons)
- China (4.3 tons)
- France (3.8 tons)
- Panama (1.2 tons)
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic
In 2022, the amount of tea, green; (not fermented), in immediate packings of a content exceeding 3kg exported from the Dominican Republic fell significantly to 132 kg, declining by -36.8% against 2021. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 287% against the previous year.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg reduced notably to $324 in 2022. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 286% against the previous year.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | N/A | N/A | N/A | 307 | 0% |
| United States | 817 | 68.0 | 327 | 10.0 | -77.0% |
| Chile | N/A | 65.0 | N/A | N/A | 0% |
| Antigua and Barbuda | 28.0 | N/A | N/A | N/A | 0% |
| Others | 27.0 | N/A | 187 | 7.0 | -36.2% |
| Total | 872 | 133 | 514 | 324 | -28.1% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from the Dominican Republic in 2022:
- Panama (126.0 kg)
- United States (5.0 kg)
602
This report provides an in-depth analysis of the tea market in the Dominican Republic.
12941
This report provides an in-depth analysis of the global tea market.
602
This report provides an in-depth analysis of the tea market in the Dominican Republic.
12941
This report provides an in-depth analysis of the global tea market.
207
Discover the top import markets for tea around the world based on data from the IndexBox market intelligence platform.
5234
The tea market is growing rapidly, with new brands and products emerging all the time. But what trends are driving this growth?
707
The global tea market revenue amounted to $25.9B in 2018, picking up by 7.7% against the previous year. Overall, the total market indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +4.3% over that period. Global
3238
Global tea consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
1805
Global tea imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
1393
From 2008 to 2015, global exports on the tea market showed mixed dynamics, amounting to X thousand tons in 2015. In value terms, they dropped to X million USD in 2015, which was X million USD less than the year before.
1736
The global tea market showed an upward trend from 2008 to 2013 and reached a peak at X thousand tons. However, in 2014, dynamics downturned. During the next two years, the global tea market decreased to X thousand tons.
1891
The volume of total imports on the global tea market in 2015 stood at X thousand tons. In value terms, imports of tea decreased to X million USD in 2015, which was X million USD (X%) less than the year before.
1748
From 2008 to 2013, global tea market production showed steady growth, reaching its peak level at X thousand tons. It was followed by a slight shrinkage over the next two years to X thousand tons in 2015.
4461
Cost-effective labour, plenty of market opportunities and increasing demand from importers are all factors that are making the African tea industry appear an attractive prospect for investors on global tea market. However, political instability and poo
