Source doisongtieudung.vn
Tea exports decreased in volume but increased in value
It is estimated that in August 2022 tea exports will reach 12 thousand tons, worth 21 million USD, down 4% in volume, but up 0.8% in value compared to July 2022; increased 16% in volume and 22.6% in value compared to August 2021.
Generally in the first 8 months of 2022, tea exports are estimated at 78 thousand tons, worth 135 million USD, down 2.2% in volume, but up 1.6% in value over the same period in 2021. Tea price average export in August 2022 is estimated at 1,7810 USD/ton, up 56% compared to August 2021. In the first eight months of 2022, the average export price of tea was estimated at $1,727.8 per ton, up 3.8% over the same period in 2021.
The situation of social distancing due to the outbreak of the disease in August 2021 disrupted production and export activities of many industries, including tea. This leads to low tea export volume and value in August 2021. Therefore, the export volume and value of tea in August 2022 increased sharply compared to August 2021, but still decreased slightly in volume, but increased in value compared to July 2022 due to price increase.
In the structure of tea export categories in the first 7 months of 2022, green tea and black tea are the two main export categories, accounting for 89% of the total export volume. While export green tea recorded growth in both volume and value, the export of black tea dropped sharply, reaching 28,000 tons, worth $41.2 million, down 15.3% in volume and down 12.6% in value over the same period in 2021.
Notably, the exported oolong tea in the first 7 months of 2022 only accounted for a small proportion of the total export tea, but the volume and value increased very sharply, reaching 338 tons, worth 1 1 million USD, an increase 69.7% in volume and 162.9% in value over the same period in 2021. The average export price of oolong tea reached 3,016.4 USD/ton, up 54.9% over the same period in 2021. Oolong tea is exported to Taiwan and China, accounting for 97% of total oolong tea exports.
The market share of Vietnam’s tea varieties increased in the total import volume of the market Japanese school.
According to data from Japan Customs, tea imports of the Japanese market in the first 6 months of 2022 reached 11.6 thousand tons, worth 9.3 billion yen (equivalent to 67.4 million USD), down 15% in volume, but up 3.9% in value over the same period in 2021, due to a sharp increase in the average price of imported tea, reaching 801.7 thousand yen/ton, up 22.3% over the same period last year 2021.
Japan imports the most tea from the Chinese market, accounting for 42.4% of the total tea volume
imports in the first half of 2022, reaching 4.9 thousand tons, worth 3.2 billion yen (equivalent to 23.1 million USD), down 7.3% in volume, but up 9.4% in value compared to the same period in 2021, due to a sharp increase in the average price of imported tea. Next is Sri Lanka, India, Kenya…
Tea imported from Vietnam accounted for only a small proportion of the total amount of Japanese tea imported, but the volume and value of imports from Vietnam increased sharply in the first half of 2022, reaching 62 tons, worth 49.5 million Yen (equivalent to 360 thousand USD), up 31.9% in volume and 38.6% in value over the same period in 2021. The proportion of imports from Vietnam accounted for only 0.5% of total imported tea. into Japan.
Black tea is the main type imported by Japan in the first half of 2022, of which China and Sri Lanka are the two main suppliers of black tea to Japan, accounting for 59.2% of the total volume. imported black tea. Japan’s black tea imports from Vietnam increased sharply in both volume and value in the first half of 2022, but the proportion accounted for only 0.1% of total black tea imports.
Japan imported green tea with a volume that only accounts for a small proportion of the structure of imported tea in the first 6 months of 2022, reaching 1.5 thousand tons, worth 1.27 billion yen (equivalent to 9.2 million USD). USD), down 9.5% in volume, but up 5.3% in value over the same period in 2021. Vietnam is the third largest supplier of green tea to Japan, after China and Australia. The volume and value of Japanese green tea imported from Vietnam increased sharply, but the volume only accounted for 3.2% of the total amount of imported Japanese green tea.
