EU has increased its import of tea from Kenia and Argentina

Published 2020년 8월 3일

Tridge summary

The Ministry of Industry and Trade in Vietnam has reported a decrease in the European Union (EU 27) imports of tea in the first quarter of 2020, with a drop of 7.8% in volume and 8.7% in value compared to the same period in 2019. The total value of these imports was 244.4 million Euros (276.1 million USD). India and China were the primary suppliers of tea to the EU 27, but there was a decrease in imports from these countries. The EU 27 also increased its imports from Kenya and Argentina. The imports were predominantly black tea, with a 72% share, followed by green tea at 24.8%. The value of imports from Vietnam, which was the 19th largest tea market for the EU 27, also decreased by over 18% in volume and 31.2% in value.

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Original content

Source: Vietnambiz.vn The latest agriculture, forestry and fishery market report 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 tea ...

Source: AgroInfo.vn