Source: markettimes.vn
Today there are about 40 tea growing countries in the world, equivalent to about 15% of the world’s regions. Tea plants are grown mainly in tropical and subtropical climate zones, so tea plants are most concentrated in Asia with 8 countries among the top tea producing countries in the world, including Vietnam.
According to preliminary statistics from the General Department of Customs, Vietnam’s tea exports in October reached 12,023 tons with a value of more than 22 million USD, up 8.8% in volume and 16.6% in value. price compared to the previous month. Overall, in the first 10 months of the year, ‘green gold’ exports earned the country more than 162 million USD with 93,984 tons, down 22.5% in volume and 16.5% in value compared to the same period in 2022. .
The average export price reached 1,732 USD/ton, up 2% over the same period. October is also the month that recorded the highest increase in export tea prices since the beginning of the year until now with 1,834 USD/ton.
source: General Department of Customs
According to statistics from the Vietnam Tea Association, as of 2020, our country has 34 provinces and cities growing tea with a total area of 123,000 hectares, average productivity of nearly 95 tons/ha, output of 1.02 million. Tons of fresh tea leaves. Vietnam currently ranks 5th in the world in tea export and 7th in global tea production. Vietnamese tea products are currently exported to 74 countries and territories. Besides, Vietnam currently ranks second in the world, just behind China in terms of green tea output and export.
source: General Department of Customs
Regarding markets, Pakistan is the country that imports the most Vietnamese tea. Specifically, in the first 10 months of the year, Pakistan imported 35,502 tons of tea from Vietnam worth more than 68 million USD, down 19% in volume and 16% in value. Export price reached 1,934 USD/ton, up 4% over the same period.
Taiwan (China) is the second largest market for Vietnamese tea. In the first 10 months of the year, our country exported 12,101 tons of tea to this market and earned more than 20 million USD, down 8% in quantity. Export price reached 1,658 USD/ton, down slightly by 2%.
Ranked third is the Russian market. This country imported 5,448 tons of tea from Vietnam in the first 10 months of the year worth more than 9 million USD, down 36% over the same period. Export price reached 1,717 USD/ton, up 1% over the same period.
In Vietnam, tea has become a steadily growing industrial crop, bringing high economic efficiency, creating jobs and income for many people. Tea is grown mainly in the Northern Midlands and Mountains with about 70% of the country’s tea growing area, followed by the Central Highlands with about 19%, and the North Central and Central Coast regions with an area of about 19%. Tea area accounts for 7% and the Northern Delta region 4%. Some localities with large tea areas include Thai Nguyen, Ha Giang, Phu Tho, Lam Dong,…
The total value of tea products in 2022 is estimated at 12,600 billion VND, equivalent to 552 million USD. Of the total 194 thousand tons of tea produced in 2022, tea exports are estimated to reach 146 thousand tons, worth 237 million USD. Vietnam is a country that has an advantage in tea production compared to other countries when there are over 170 tea varieties of all kinds that ensure quality and high yield, with special flavors that are popular around the world.
Industry experts say that the prospect of tea export in the last months of 2023 does not show positive signs, when tea consumption demand in countries is limited due to the pressure of inflation. For the largest market of Vietnamese tea, Pakistan, the country’s shortage of foreign currency makes many importing businesses in this country unable to buy foreign currency to pay exporting businesses.
