Vietnamese tea dominates Taiwanese market (China)
Wednesday, 12/01/2022 17:10 (GMT+7)
Vietnam remained the major tea supplier for the Taiwanese market (China) as it exported 16,970 tonnes of tea, valued at 26.7 million USD in the Jan-Nov period of 2021, according to data recently released by Taiwan (China)’s Customs Administration.
Photo for illustration. (Source: congthuong.vn)
The average import price of tea in this market reached 2,623 USD per tonne, a year-on-year increase of 3%.
The proportion of imports from Vietnam accounted for 55.2% of the total amount of tea imported to Taiwan (China) in the 11 months, down 1.2 percentage points year on year. It is followed by Sri Lanka with 4,600 tons, worth 19.5 million USD; India, 3,300 tons, worth 7.1 million USD; and Indonesia, 2,000 tons, worth 4.5 million USD.
Taiwan (China) represented Vietnam’s largest black tea consumer, accounting for 43.8% of its total import volume of black tea. The import of Vietnamese green tea also made up 82.1% of its total import volume of the product.
Vietnamese tea currently holds a modest market share in its next five largest import markets, namely the EU, Pakistan, the United States, Russia and the UK. Globally, its tea exports represent just 2.4% of the import market share./.
BTA
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