Russian exports of tea and coffee grew by 30% in 2020

Published 2021년 4월 5일

Tridge summary

In 2020, Russia saw a 32% increase in tea and coffee exports, totaling 73 thousand tons and valued at $350 million, with coffee sales experiencing the greatest growth. Ground and grain coffee exports rose by 50% in volume and 33% in value, while instant coffee and related products increased by 47% in kind and 52% in value. Tea exports also grew by 3.4% to 21 thousand tons, with green tea seeing the largest increase. The majority of these exports were made to Belarus, Kazakhstan, and Ukraine, with significant increases in sales to Israel, the USA, and Turkey. The growth in tea and coffee exports is attributed to the competitive pricing, ruble exchange rate, and pandemic-driven shifts in consumption. The global tea and coffee markets are projected to continue growing at substantial rates due to factors such as the promotion of healthy eating and increased disposable income.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2020, Russia supplied 73 thousand tons of tea and coffee to foreign markets, which is 32% more than in 2019. In value terms, exports grew by 30% to $ 350 million. Coffee sales abroad showed the greatest dynamics over the past year. Thus, the export of ground and grain coffee increased in physical volume by 50% to 12 thousand tons, in money - by 33% to 51 million dollars.Shipments of instant coffee and products based on it (HS codes 210111 and 210112) increased by 47 % to 40 thousand tons in kind and by 52% to $ 194 million in value. Tea exports showed an increase of 3.4% to 21 thousand tons for the amount of USD 106 million (+ 2.1%). The increase was mainly provided by the supply of green tea, which increased by 19% to 3.1 thousand tons worth $ 17 million (+ 8.6%). Export of black tea amounted to 17 thousand tons for 89 million dollars, which is 1% more than in 2019. In 2020, tea and coffee from Russia were exported to more than 60 countries. The neighboring states - Belarus, ...
Source: Aemcx

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