Tea exports to the UK increased more than 100% in nine months

Published 2020년 11월 28일

Tridge summary

The UK's tea imports in the first 9 months of 2020 saw a significant increase of 14.2% in volume and 4.2% in value compared to the same period in 2019, totaling 102,760 tons and worth $264.6 million. Kenya was the primary supplier, contributing 57.8% of the total tea imports with a volume increase of over 22%, followed by Malawi and India. Vietnam emerged as a notable new supplier, seeing a 90% increase in volume and 104% increase in value in the tea imports, despite making up a small proportion of the total imports. The average import price per ton of tea decreased by 8.8% compared to the previous year. Black tea was the dominant type of tea imported, with a 13.8% increase in volume and a 4.5% increase in value, primarily from Kenya. Green tea imports also saw a rise, with a 26.6% increase in volume but only a 1% increase in value due to a decrease in average import price. The share of green tea imports from Vietnam increased from 5.2% in 2019 to 7.4% in 2020, indicating a growing contribution from the country.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Import and Export Department (Ministry of Industry and Trade) cited data from the International Trade Center (ITC) said that UK tea imports in the first 9 months of 2020 reached 102,760 tons, worth $ 264.6 million, up 14 , 2% in volume and 4.2% in value over the same period in 2019. The average UK import price of tea in the first 9 months of 2020 reached 2,574.8 USD / ton, down 8.8% over the same period in 2019. Period 2019. In terms of market, the UK imports the most tea from Kenia in the first 9 months of 2020, reaching 59,400 tons, worth $ 129.2 million, up more than 22% in volume and more than 13% in value. prices compared to the same period in 2019. The proportion of tea imports from Kenia accounted for 57.8% of the total volume of imported tea. Followed by markets such as Malauy, India, Rwanda ... Vietnam is the 12th largest tea supplier to the UK, and the volume and value of tea imported from Vietnam increased sharply in the first 9 months of 2020, reaching 881 tons, worth ...
Source: Vietnambiz

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