What is the price of black tea per kilogram/pound in Armenia today?
The retail price range for Armenia black tea is between US$ 3.89 and US$ 14.62 per kilogram or between US$ 1.76 and US$ 6.63 per pound(lb). Click here to see today's exact prices of black tea in Armenia
The retail price range in Armenian Dram for black tea is between AMD 1,502.49 and AMD 5,644.69 per kilogram or between AMD 681.40 and AMD 2,559.95 per pound(lb) in Yerevan and Gyumri.
Wholesale prices
In 2024, the approximate wholesale price range for Armenia black tea is between US$ 2.72 and US$ 10.23 per kilogram or between US$ 1.24 and US$ 4.64 per pound(lb).
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Armenia Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Armenia has seen a significant fluctuation over the last five years. In 2017, the price was 8.50 US dollars per kg, followed by a sharp decline to 2.59 US dollars per kg in 2018. In 2019, the price increased to 4.70 US dollars per kg, and then further increased to 7.00 US dollars per kg in 2020. The most recent data shows that the export price per kilogram of Black Tea from Armenia is 1.56 US dollars per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Black Tea from Armenia will be around 0.90 US dollars per kg in 2023 and 0.60 US dollars per kg in 2024.The exports of black tea from Armenia are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
Armenia Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Armenia has seen a significant fluctuation over the past five years. In 2016, the price was 24.50 US dollars per kg, which was the highest in the past five years. This was followed by a sharp decline in 2017 to 8.50 US dollars per kg. In 2018, the price further dropped to 2.59 US dollars per kg, the lowest in the past five years. In 2019, the price increased to 4.70 US dollars per kg and further increased to 7.00 US dollars per kg in 2020. The latest data shows that the price of Black Tea in 2021 is 1.56 US dollars per kg. Based on the data, it can be predicted that the price of Black Tea in Armenia will remain relatively stable in the next two years. It is expected that the price of Black Tea in 2023 will be around 4.00 US dollars per kg and in 2024 it will be around 5.00 US dollars per kg.Export values for Armenia black tea
The total values in export for black tea in Armenia were US$ 49, US$ 51, US$ 57 and US$ 47 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Armenia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Yerba mate.
See prices of black tea in other countries across Asia: Kazakhstan black tea, Kyrgyzstan black tea, Tajikistan black tea, Turkmenistan black tea, Uzbekistan black tea, China black tea, Hong Kong black tea, Macao black tea, North Korea black tea & Mongolia black tea.
Armenia black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Armenia exported 10 tonnes of black tea. For the year 2019 alone, the interest in Armenia black tea (processed category) has decreased, flactuating by -54.545 per cent compared to the year 2018. Between 2017 and 2019, black tea's exports increased by 66.67% netting the nation US$0.05m for the year 2019. Armenia's black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
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Armenia black tea export values
In 2019, Armenia supplied black tea worth 0.05m USD, a contraction of -12.28% from 2018's total black tea export of 0.057m USD. The yearly change in value of Armenia black tea between 2017 to 2018 was 11.765 per cent.
The per year variation in the quantity of Armenia's black tea exports between 2017 and 2019 was 66.67 pc when compared to a variation of -54.545% in the growth rate between 2018 and 2019.
Export markets for Armenia black tea ( in '000$ )
Armenia's leading destinations for black tea are Russia and Turkmenistan.
Armenia brought in 314 tonnes of black tea in 2019.