Data from the China Tea Marketing Association and the US Census Bureau (GATS) was recently published regarding China exports and US imports of tea for March 2021.
CHINA EXPORTS
HIGHLIGHTS INCLUDE
Although March export volumes ended lower, Q1 2021 came in higher than Q1 2020
Average export price for March was $5.51/kg
Q1 volumes reached 76,000 MT
Q1 export value increased 28.2%
US IMPORTS
HIGHLIGHTS INCLUDE
China green tea counted for 35.2% of total green import volume
Average price was $4.67 for global imports. Average price for China imports was $4.80
Indications of an increase in higher value, or value-added green teas having arrived in March
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