Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Vietnam - 2022
Contents:
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Vietnam (FOB) - 2022
- Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Vietnam (CIF) - 2022
- Exports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Vietnam
- Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Vietnam
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Vietnam (FOB) - 2022
The average export price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg stood at $1,938 per ton in December 2022, picking up by 2.8% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 14% m-o-m. The export price peaked at $2,112 per ton in May 2022; however, from June 2022 to December 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was China ($3,357 per ton), while the average price for exports to Indonesia ($925 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Vietnam (CIF) - 2022
In 2022, the average import price for tea, green; (not fermented), in immediate packings of a content exceeding 3kg amounted to $5,167 per ton, rising by 9% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 57% against the previous year. As a result, import price attained the peak level of $5,514 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($5,167 per ton), while the price for China ($5,167 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%), 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 Vietnam
In 2022, approx. 51K tons of tea, green; (not fermented), in immediate packings of a content exceeding 3kg were exported from Vietnam; rising by 22% against the previous year. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 162% against the previous year. As a result, the exports reached the peak of 60K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg surged to $91M in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 170%. As a result, the exports attained the peak of $108M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 25.5 | 73.3 | 48.4 | 62.5 | 34.8% |
| China | 5.9 | 7.8 | 6.6 | 10.1 | 19.6% |
| Taiwan (Chinese) | 4.6 | 13.9 | 9.4 | 9.4 | 26.9% |
| Indonesia | 1.0 | 2.3 | 1.3 | 1.3 | 9.1% |
| India | 0.1 | 0.7 | 0.4 | 0.6 | 81.7% |
| Others | 2.8 | 9.7 | 7.8 | 6.8 | 34.4% |
| Total | 39.9 | 108 | 73.8 | 90.7 | 31.5% |
Top Export Markets for Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg from Vietnam in 2022:
- Pakistan (34.3K tons)
- China (5.9K tons)
- Taiwan (Chinese) (5.5K tons)
- Indonesia (1.4K tons)
- India (0.8K tons)
Imports of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg in Vietnam
In 2022, imports of tea, green; (not fermented), in immediate packings of a content exceeding 3kg into Vietnam rose remarkably to 852 tons, growing by 11% on 2021. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. As a result, imports reached the peak of 939 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 surged to $4.4M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 148%. As a result, imports reached the peak of $5.2M. 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 Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.0 | 4.4 | 2.9 | 3.7 | 22.8% |
| Japan | N/A | 0.3 | 0.4 | 0.4 | 15.5% |
| Taiwan (Chinese) | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | N/A | 0.2 | 0.1 | 0.1 | -29.3% |
| Total | 2.1 | 5.2 | 3.6 | 4.4 | 28.0% |
Top Suppliers of Tea, Green; (Not Fermented), in Immediate Packings of A Content Exceeding 3kg to Vietnam in 2022:
- China (722.7 tons)
- Japan (83.8 tons)
- Taiwan (Chinese) (33.8 tons)
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