EU has increased its import of tea from Kenia and Argentina

Published 2020년 7월 23일

Tridge summary

The report provides an overview of the EU 27's tea market performance in the first quarter of 2020, highlighting a decrease in both volume and value of imports compared to the previous year. The total imports stood at 46,200 tons, valued at 244.4 million Euros, marking a 7.8% drop in volume and an 8.7% decrease in value. The average export price per ton fell by 0.9% to 5,285.9 Euros. India and China were the primary suppliers, experiencing a decline in their exports to the EU 27, while Kenya and Argentina saw an increase in their tea exports to the bloc. The report also notes a shift in the import dynamics of black and green tea, with a reduction in imports from traditional markets like India and Sri Lanka, and an increase in imports from Kenya and Indonesia. Vietnam's tea exports to the EU 27 also experienced a decline, contributing only 0.7% to the total imports, down by 0.1 percentage points from the previous year.

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Original content

Source: Vietnambiz.vn Report of the latest agriculture, forestry and fishery market released on July 10 of the Ministry of Industry and Trade said that according to data from the European Commission (Eurostat), in the first 3 months of 2020, imports EU 27 tea reaches 46,200 tons, worth 244.4 million Euros (equivalent to 276.1 million USD), down 7.8% in volume and down 8.7% in value over the same period in 2019. Import price The average export of EU 27 tea products reached 5,285.9 Euros / ton, down 0.9% compared to the same period in 2019. India and China are the two main tea supply markets for EU 27, out of 3 In the first month of 2020, the amount of tea imported from these two markets accounted for 27% of the total amount of tea. The volume and value of imported tea from these two markets decreased in the first 3 months of 2020. Next are other markets such as Sri Landka, Germany, Kenia, England, Poland ... Notably, in the first 3 months by 2020 EU 27 will increase its import of ...

Source: AgroInfo.vn