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Turkey's domestic tea supply is forecast to plummet

Turkiye
Published Feb 9, 2021

Tridge summary

According to the latest report of the Import and Export Department (Ministry of Industry and Trade), according to data from the International Trade Center (ITC), Turkey's tea imports in the first 10 months of 2020 reached 19,800 tons, worth 40, 51 million USD, up by more than 23% in volume and 19.5% in value over the same period in 2019. The average import price of Turkish tea reached 2,044.9 USD / ton, down nearly 3% over the same period in 2019. Turkey is the world's top tea consumption market per capita.

Original content

Turkey mainly self-supplies tea for domestic consumption, but in 2020 due to the influence of COVID-19 epidemic, Turkey lacks labor force in tea production, thus forecasting the domestic tea supply of Turkey will plummet. In terms of market, Sri Landka is the largest tea supplier to Turkey in the first 10 months of 2020, reaching 14,550 tons, worth 28.16 million USD, up 15.7% in volume and 12% in value. compared with the same period in 2019. The average import price of tea from Sri Landka reached 1,935.3 USD / ton, down 3.2% over the same period in 2019. The proportion of tea of Sri Landka accounted for 73.46% of the total import volume. Turkey's tea imports, down 4.74 percentage points compared to the same period in 2019. Despite being the 5th largest tea supplier to Turkey, tea imports from Vietnam only accounted for 1.53. % of total imported tea. However, the volume and value of tea imports from Vietnam increased significantly compared to the first 10 months of 2019, reaching ...
Source: Vietnambiz
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