What is the price of black tea per kilogram/pound in Georgia today?
The retail price range for Georgia black tea is between US$ 10.79 and US$ 30.88 per kilogram or between US$ 4.89 and US$ 14.00 per pound(lb). Click here to see today's exact prices of black tea in Georgia
The retail price range in Lari for black tea is between GEL 27.34 and GEL 78.24 per kilogram or between GEL 12.40 and GEL 35.48 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2024, the approximate wholesale price range for Georgia black tea is between US$ 7.55 and US$ 21.61 per kilogram or between US$ 3.42 and US$ 9.80 per pound(lb).
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Georgia Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Georgia has seen a steady increase over the last five years. In 2016, the price was 1.77 US $ per kg, and in 2021, it was 2.48 US $ per kg. This represents an increase of 40.4% over the five-year period. The highest price was recorded in 2018, when it reached 4.08 US $ per kg. The lowest price was recorded in 2015, when it was 1.68 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Black Tea from Georgia will be 2.71 US $ per kg in 2023 and 2.94 US $ per kg in 2024.The exports of black tea from Georgia are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
Georgia Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Georgia over the last five years has been quite volatile. In 2017, the price was 2.75 US dollars per kg, which was the highest in the five year period. This was followed by a sharp increase in 2018 to 4.08 US dollars per kg. However, the price dropped in 2019 to 3.84 US dollars per kg and further decreased in 2020 to 2.81 US dollars per kg. The price has been relatively stable in 2021, with a value of 2.48 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Black Tea into Georgia in 2023 will be around 2.30 US dollars per kg and in 2024 will be around 2.12 US dollars per kg.Export values for Georgia black tea
The total values in export for black tea in Georgia were US$ 395, US$ 740, US$ 2,369 and US$ 2,836 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Georgia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Yerba mate.
See prices of black tea in other countries across Europe: Georgia black tea, Albania black tea, Belarus black tea, Bosnia and Herzegovina black tea, Bulgaria black tea, Croatia black tea, Czech Republic black tea, Estonia black tea, Greece black tea & Hungary black tea.
Georgia black tea - Production, Exports, Imports, Seasons and HS Codes
The amount of black tea shipped by Georgia in 2020 was 149 tons. In 2019 Georgia sold 739 tonnes of black tea. Through 2019 alone, the interest in Georgia black tea (processed category) has improved, with a change of 27.194 % compared to the year 2018. Between 2017 and 2019, black tea's exports increased by 174.72 pc bringing the exporter US$2.84m for the year 2019. Georgia's black tea exports are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
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Georgia black tea export values
In 2019, Georgia supplied black tea worth 2.84m USD, a surge of 19.88% from 2018's total black tea export of 2.369m USD. The annual change in value of Georgia black tea between 2017 to 2018 was 220.135 pc.
The annual/yearly change in the volume of Georgia's black tea exports between 2017 and 2019 was 174.72% compared to a variation of 27.194% in the period between 2018 and 2019.
Export markets for Georgia black tea ( in '000$ )
Georgia's leading destinations for black tea are Mongolia, Turkey, Kazakhstan, Azerbaijan and Russia.
Georgia brought in 1,822 tonnes of black tea in 2019.
Production
The production of black tea in Georgia was 4,000 tonnes in 2019 and is predicted to change by an average of 17.65%. The country had approximately 3,808.00 hectares under black tea cultivation.