Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda - 2022
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda (FOB) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda (CIF) - 2022
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda (FOB) - 2022
The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $1,280 per ton in 2022, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2019 when the average export price increased by 13%. Over the period under review, the average export prices attained the peak figure at $1,414 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($1,363 per ton), while the average price for exports to Kenya ($917 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 Democratic Republic of the Congo (+9.4%), while the prices for the other major destinations experienced a decline.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda (CIF) - 2022
The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $1,594 per ton in 2022, shrinking by -3.8% against the previous year. Overall, the import price, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 80%. Over the period under review, average import prices hit record highs at $3,727 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($2,090 per ton), while the price for the UK ($1,158 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+20.1%), while the prices for the other major suppliers experienced a decline.
Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda
In 2022, approx. 436 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Uganda; increasing by 8.2% against the previous year. The total export volume increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 39%. As a result, the exports reached the peak of 469 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 rose notably to $558K in 2022. The total export value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 46%. As a result, the exports reached the peak of $605K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Sudan | 301 | 550 | 428 | 449 | 14.3% |
Democratic Republic of the Congo | 6.3 | 45.5 | 67.2 | 70.5 | 123.7% |
Kenya | 108 | 8.8 | 14.9 | 38.1 | -29.3% |
Others | N/A | 0.9 | N/A | N/A | 0% |
Total | 414 | 605 | 510 | 558 | 10.5% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Uganda in 2022:
- South Sudan (329.4 tons)
- Democratic Republic of the Congo (64.7 tons)
- Kenya (41.6 tons)
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uganda
In 2022, approx. 30 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were imported into Uganda; rising by 38% compared with the year before. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 622%. As a result, imports attained the peak of 38 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 soared to $48K in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 375% against the previous year. As a result, imports reached the peak of $60K. 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 Uganda (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | N/A | 35.4 | 30.3 | 20.9 | -23.2% |
United Kingdom | 3.5 | 20.9 | N/A | 16.7 | 68.4% |
Bulgaria | N/A | N/A | 3.8 | 6.2 | 63.2% |
United Arab Emirates | 9.1 | 3.7 | 2.0 | 3.1 | -30.2% |
Others | N/A | N/A | 0.2 | 1.2 | 500.0% |
Total | 12.6 | 59.9 | 36.3 | 48.1 | 56.3% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Uganda in 2022:
- United Kingdom (14.4 tons)
- Kenya (10.0 tons)
- Bulgaria (3.5 tons)
- United Arab Emirates (2.1 tons)
This report provides an in-depth analysis of the tea market in Uganda.
This report provides an in-depth analysis of the global tea market.
This report provides an in-depth analysis of the tea market in Uganda.
This report provides an in-depth analysis of the global tea market.
Discover the top import markets for tea around the world based on data from the IndexBox market intelligence platform.
The tea market is growing rapidly, with new brands and products emerging all the time. But what trends are driving this growth?
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
Global tea consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global tea imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
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.
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.
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.
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.
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