Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uruguay - 2023

Contents:

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

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

The average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $5,331 per ton in 2022, standing approx. at the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 decreased by -2.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 72%. As a result, import price attained the peak level of $6,037 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,205 per ton), while the price for Argentina ($2,982 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+18.6%), 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 Uruguay (FOB) - 2022

The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $128,617 per ton in 2022, surging by 778% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Spain ($1,395,002 per ton), while the average price for exports to the United States ($120,758 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 Canada (+6,423.9%), 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 Uruguay

In 2022, approx. 33 tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were imported into Uruguay; picking up by 12% on 2021 figures. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 decreased by -9.8% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 65%. As a result, imports reached the peak of 36 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg expanded notably to $174K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 decreased by -9.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. As a result, imports reached the peak of $191K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China21.345.638.543.927.3%
Sri Lanka49.163.677.543.2-4.2%
Argentina19.038.119.633.220.4%
Germany1.11.02.616.1144.6%
Spain4.614.95.111.234.5%
Vietnam0.211.20.66.7222.4%
United States11.78.85.94.8-25.7%
Others13.18.25.914.43.2%
Total12019115617413.2%

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

  1. Argentina (11.1 tons)
  2. Sri Lanka (9.8 tons)
  3. China (5.5 tons)
  4. Spain (1.6 tons)
  5. United States (1.4 tons)
  6. Germany (1.3 tons)
  7. Vietnam (0.8 tons)

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

In 2022, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg from Uruguay surged to 60 kg, jumping by 161% against 2021 figures. In general, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg soared to $7.7K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak 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 Uruguay (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4691863217,062146.9%
SwedenN/AN/AN/A2000%
Spain6.03.05.0136183.0%
FranceN/AN/A6.01342133.3%
CanadaN/AN/A1.095.09400.0%
GermanyN/AN/AN/A53.00%
Switzerland5.04.04.037.094.9%
OthersN/A1.0N/AN/A0%
Total4801943377,717152.4%

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

  1. United States (58.0 kg)
  2. Canada (1.0 kg)
  3. France (1.0 kg)
  4. Sweden (1.0 kg)
  5. Germany (1.0 kg)
  6. Switzerland (1.0 kg)
  7. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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