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 May 2021.
CHINA EXPORTS
HIGHLIGHTS INCLUDE
Overall export volume dropped 11.5% year on year
Prices are up 15.1% over the previous May to $6.41/kg
Exports of black tea volume declined 26.4% over May 2020
Exports of green tea volume decreased 12.5% over same time last year
US IMPORTS
HIGHLIGHTS INCLUDE
Average prices for May global imports was $3.82/kg
Average prices for May China imports was $4.38/kg
33.6% of all green tea import (volume) was from China, but only 15.6% of value
34.2% of all organic tea import (volume) was from China, but only 9.8% of value
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