Australia's imports of Vietnamese tea increased sharply due to a 44% increase in prices.

Published 2021년 4월 23일

Tridge summary

In January 2021, Australia saw a significant increase in tea imports, with volume up by 26.8% to 1,400 tons and value soaring by 42.5% to $12.06 million compared to the same period in 2020. The average price per ton of imported tea also rose by 12.4% to $8,570.3. The majority of these imports were sourced from India, Sri Lanka, the United Arab Emirates, Indonesia, and China, with India being the largest supplier. Despite this, Vietnam's share of the Australian tea market was minimal, with a 0.08% decrease in imports to 1,000 tons, though the value of these imports increased by 33.3%. Green tea was the primary type imported from Vietnam. Over the 2016-2020 period, Australia's tea imports have seen a modest annual growth of 0.6%. However, the COVID-19 pandemic in 2020 resulted in a decrease in imports by 6.3% in volume and 3.2% in value.

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Original content

Source: Vietnambiz.vn The Import and Export Department (Ministry of Industry and Trade) cited statistics from the International Trade Center (ITC) said that in January 2021, Australia's tea imports reached 1,400 tons, worth $ 12.06 million, an increase of 26. , 8% in volume and 42.5% in value compared to January 2020. The average imported tea unit price reached $ 8,570.3 / ton, up 12.4% over January 2020. In January 2021, Australia imported the most tea from India, Sri Landka, United Arab Emirates, Indonesia and China. Total imports from these 5 markets accounted for 84.5% of total imported tea from Australia in January 2021. Notably, tea consumed in Australia is mainly imported due to climate conditions in Australia that cannot grow tea. Therefore, there are many opportunities to boost tea exports to the Australian market in the coming time. However, Vietnam only provided a small amount of tea to Australia in January 2021, the proportion of tea imports from only 0.08% of ...

Source: AgroInfo.vn