November Tea Report: 2022 China Exports & US Imports
2023.01.17
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 November 2022.
CHINA EXPORTS
HIGHLIGHTS INCLUDE
Nov total export volume DECREASED 16.9% year on year
GREEN tea accounted for 82% of total export volume
Average prices DECREASED 6.3% over the previous November to $5.39/kg
Exports of GREEN tea volume DECREASED 22.2% over November 2021
Exports of BLACK tea volume INCREASED 42.3% over the same time last year
US IMPORTS
HIGHLIGHTS INCLUDE
Average price for GLOBAL imports was $4.42/kg, UP 5.5% over the previous November
Average price for CHINA imports was $4.38/kg, UP 11.5% over November 2021
46.5% of all GREEN tea import (volume) was from China, but only 24.6% of VALUE
40.1% of the month's US ORGANIC tea import volume was from China