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

Contents:

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

Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Turkey (FOB) - 2022

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $10,119 per ton in 2022, surging by 38% against the previous year. In general, the export price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 an increase of 99%. Over the period under review, the average export prices hit record highs at $16,509 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($49,093 per ton), while the average price for exports to Iran ($2,342 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 Russia (+55.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $8,614 per ton, increasing by 164% against the previous year. In general, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($19,528 per ton), while the price for Kenya ($1,983 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+86.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -8.3% to 64 tons, falling for the second year in a row after two years of growth. In general, exports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 when exports increased by 136% against the previous year. As a result, the exports attained the peak of 122 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 skyrocketed to $651K in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 88%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan17.122.945.9148105.3%
Iraq2.518.921.473.8209.1%
RussiaN/A5.521.362.9238.2%
United States33.634.628.852.115.7%
MongoliaN/AN/A1.135.93163.6%
Iran47.21.458.933.6-10.7%
Azerbaijan12.218.828.225.127.2%
Germany7.56.844.120.840.5%
RomaniaN/AN/AN/A17.70%
Jordan1.612.510.215.4112.7%
SerbiaN/A1.9N/A12.3154.4%
NetherlandsN/A8.762.312.017.4%
OmanN/A8.17.36.4-11.1%
Others1183091831354.6%
Total23944951365139.7%

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

  1. Iran (14.3 tons)
  2. Iraq (10.1 tons)
  3. United States (5.8 tons)
  4. Mongolia (4.8 tons)
  5. Kazakhstan (4.3 tons)
  6. Azerbaijan (3.1 tons)
  7. Serbia (2.9 tons)
  8. Netherlands (2.8 tons)
  9. Romania (2.0 tons)
  10. Jordan (1.4 tons)
  11. Russia (1.3 tons)
  12. Germany (1.2 tons)
  13. Oman (1.0 tons)

Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Turkey

In 2022, purchases abroad of tea, green; (not fermented), in immediate packings of a content exceeding 3kg decreased by -84.7% to 60 tons, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 when imports increased by 129% against the previous year. As a result, imports reached the peak of 412 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg declined dramatically to $517K in 2022. In general, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4015206334796.1%
Japan6.511.948.919.744.7%
IranN/AN/A8.57.1-16.5%
Germany19.397.196.23.7-42.3%
KenyaN/A79.9N/A3.6-78.8%
Sri Lanka2.111.575.3N/A498.8%
Vietnam88.3197237N/A63.8%
Indonesia49.961.9N/AN/A24.0%
BrazilN/AN/A92.9N/A0%
Others0.672.784.84.494.3%
Total5681,0521,276517-3.1%

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

  1. China (55.5 tons)
  2. Kenya (1.8 tons)
  3. Iran (1.0 tons)
  4. Japan (1.0 tons)
  5. Germany (0.4 tons)

Source: IndexBox Market Intelligence Platform

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