A brief overview of 2022 China tea exports and US tea imports reveals China’s global export volume grew at 0.57% CAGR from 2018 to 2022. US tea import volume from China grew at 9.18% CAGR from 2020 to 2022. Average export prices have remained between $5.50 and $6.25 USD per kg for the past 4 years.
CHINA EXPORTS
Average price (USD) per kg by country of destination:
Morocco $3.17
Uzbekistan $2.21
Ghana $4.27
Russia $2.62
Senegal $4.01
USA $5.33
Average price (USD) per kg by tea type:
GREEN: $4.44
BLACK: $10.25
OOLONG: $13.36
HIGHLIGHTS INCLUDE
Exports of GREEN tea volume INCREASED 0.5% over 2021
Exports of BLACK tea volume INCREASED 12.2% over the previous year
HIGHLIGHTS INCLUDE
Average annual export price was $5.55/kg, DOWN 10.9% over 2021
US IMPORTS
HIGHLIGHTS INCLUDE
Total China imports INCREASED 22.9% over the previous year
GREEN imports from China INCREASED 20.1% over 2021
BLACK imports from China INCREASED 25.4% over 2021
