The Import and Export Department (Ministry of Industry and Trade) quoted statistics from the General Department of Customs as saying that it was estimated that tea exports in the fourth quarter of 2022 reached 54.1 thousand tons, worth US$79 million, up 53.6 % in volume and 30.3% in value compared to the fourth quarter of 2021. The average export price of tea in the fourth quarter of 2022 is estimated at $1,460/ton, down 15.1% over the same period in 2021.

In 2022, tea exports will grow by double digits

In 2022, tea exports are estimated at 146,000 tons, worth 237 million USD, up 15.3% in volume and 10.7% in value compared to 2021. The average export price of tea in 2022 is estimated. reached USD 1,620/ton, down 4% compared to 2021.

In the context that the world market continues to have many fluctuations and is influenced by factors of geo-economics, geopolitics, military conflicts, etc., it will affect the domestic commodity market, pushing costs transportation increased sharply. However, the tea industry still achieved positive results in 2022. With the results achieved in 2022, the export prospect in 2023 will be more positive, when the world economic situation improves, consumer demand Consumption of goods increased in the main export markets.

Green tea is the main export category in 11 months of 2022, reaching 55.2 thousand tons, worth 104 million USD, up 12.2% in volume and 9.1% in value over the same period in 2021. The average export of green tea reached 1,884.2 USD/ton, down 2.8% over the same period in 2021.

Next is the black tea exported with 49.4 thousand tons, worth 70.7 million USD, down 7.7% in volume and 6.3% in value over the same period in 2021. Black tea price the average export value reached US$1,432.7/ton, up 1.5% over the same period in 2021.

Notably, the export of oolong tea in the first 11 months of 2022 recorded a strong growth, reaching 600 tons, worth 1.7 million USD, up 75.2% in volume and 155.5% in value. price compared to the same period in 2021. Export price of oolong tea reached 3,106.7 USD/ton, up 45.8% over the same period.

The main tea import markets in the world such as Pakistan, Taiwan, and Japan tend to decrease, while the US and UK markets increase in both volume and value. In particular, Pakistan is the largest tea import market in the world.