Pakistanis like to drink black tea, but Vietnam mainly sells green tea

Published 2022년 6월 16일

Tridge summary

Vietnam's tea exports in May 2022 saw a slight decrease in volume but an increase in value compared to the same period in 2021, with the average export price per ton reaching $1,775.1. From January to May 2022, the total tea exports experienced a decrease in both volume and value, despite a growth in the Pakistani market. The Lai Chau province, known for its large tea area and diverse tea varieties, is facing challenges in standardization, innovation, and market access due to the COVID-19 pandemic and high transportation costs. To enhance its export performance, the province is encouraged to connect with international businesses for investment, trade, and consumption collaboration. Despite these challenges, Lai Chau's tea products have found success in Middle Eastern and South Asian markets, indicating untapped potential for growth.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to statistics from the General Department of Customs, tea exports in May 2022 reached 9,500 tons, worth $16.9 million, down 5.8% in volume, but up 2.7% in value compared to May 2021. The average export price of tea in May 2022 reached $1,775.1 per ton, up 9% compared to May 2021. Accumulated in the first 5 months of 2022, tea exports reached 41,400 tons, worth US$69.9 million, down 12% in volume and 7.2% in value over the same period in 2021. The average export price of tea. reached 1,689.0 USD/ton, up 5.4% over the same period in 2021. In the first 5 months of 2022, tea exports to the Pakistani market increased in both volume and value, reaching 14,400 tons, worth 27, 5 million USD, up 9% in volume and 8.3% in value over the same period in 2021. Exports to Pakistan market account for the largest proportion in the structure of Vietnam's tea export market. At the Conference on promoting Lai Chau tea consumption to the Middle East, North Africa and South Asia markets ...

Source: Danviet