Taiwan's tea import trends

Published Dec 26, 2024

Tridge summary

The article highlights a decrease in the volume and value of tea imports by the Taiwanese market in October 2024 and the first 10 months of 2024, compared to the same periods in 2023. The total import in October was 2,250 tons, worth 6.43 million USD, marking an 18.7% drop in volume and a 6.6% decrease in value. From January to October, Taiwan imported 22,871 tons of tea, valued at 64.95 million USD, which was 3.3% lower in volume and 3.5% lower in value than the previous year. The main suppliers, Vietnam, Sri Lanka, India, and Indonesia, experienced various changes in exports to Taiwan. Vietnam continued to be the largest supplier, contributing to 52.7% of the total volume and 31.7% of the total value. The average price of imported tea in Taiwan also saw a slight decrease, with Vietnam offering the lowest price per ton.

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Original content

Source: mekongasean.vn The December 2024 Agricultural, Forestry and Fishery Market Bulletin of the Import and Export Department (Ministry of Industry and Trade) cited data from the Taiwan Customs Agency (China) stating that the total amount of tea imported by the Taiwanese market in October 2024 reached 2,250 tons, worth 6.43 million USD, down 18.7% in volume and 6.6% in value compared to the same period in 2023. In the first 10 months of 2024, Taiwan imported 22,871 tons of tea, worth 64.95 million USD, down 3.3% in volume and 3.5% in value compared to the same period last year (YoY). Some tea export markets to Taiwan have decreased in the first 10 months of 2024. For example, tea imported from Sri Lanka to Taiwan decreased by 9% YoY in volume and 5.5% in value; from India decreased by 9% YoY in volume and 19.8% YoY in value; from Indonesia decreased by 14% YoY and 24.7%, China decreased by 22.7% and 10.9%... In return, tea imported from some markets to Taiwan increased such as ...

Source: AgroInfo.vn