Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Venezuela - 2022
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Venezuela (CIF) - 2022
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Venezuela
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Venezuela (CIF) - 2022
In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $5,044 per ton, reducing by -1.7% against the previous year. Overall, the import price, however, continues to indicate modest growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 36%. As a result, import price reached the peak level of $5,878 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($18,775 per ton), while the price for China ($2,673 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Venezuela
Imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Venezuela surged to 30 tons in 2022, picking up by 115% against 2021. Over the period under review, imports showed a significant expansion. As a result, imports reached 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 surged to $151K in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sri Lanka | 5.6 | 7.2 | 11.4 | 35.1 | 84.4% |
United States | 25.3 | 37.0 | 19.5 | 26.0 | 0.9% |
China | 8.0 | 2.5 | 9.3 | 24.6 | 45.4% |
Spain | 1.0 | 1.7 | 3.8 | 21.9 | 179.8% |
Germany | 15.9 | 13.9 | 14.9 | 20.8 | 9.4% |
Panama | 2.3 | 6.5 | 8.9 | 16.5 | 92.9% |
Lebanon | 1.8 | 2.6 | 3.2 | 5.5 | 45.1% |
Malaysia | N/A | 10.5 | N/A | N/A | 0% |
Others | 0.9 | 0.7 | 0.7 | 1.2 | 10.1% |
Total | 60.9 | 82.6 | 71.7 | 151 | 35.3% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Venezuela in 2022:
- China (9.2 tons)
- United States (6.7 tons)
- Sri Lanka (5.4 tons)
- Germany (4.3 tons)
- Panama (2.6 tons)
- Spain (1.2 tons)
- Lebanon (0.5 tons)
This report provides an in-depth analysis of the tea market in Venezuela.
This report provides an in-depth analysis of the global tea market.
This report provides an in-depth analysis of the tea market in Venezuela.
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