What is the price of black tea per kilogram/pound in Hong Kong today?
The retail price range for Hong Kong black tea is between US$ 2.85 and US$ 34.18 per kilogram or between US$ 1.29 and US$ 15.50 per pound(lb). Click here to see today's exact prices of black tea in Hong Kong
The retail price range in Hong Kong Dollar for black tea is between HKD 22.28 and HKD 267.14 per kilogram or between HKD 10.10 and HKD 121.15 per pound(lb) in Kowloon and Tsuen Wan.
Wholesale prices
In 2024, the approximate wholesale price range for Hong Kong black tea is between US$ 2.00 and US$ 23.92 per kilogram or between US$ 0.90 and US$ 10.85 per pound(lb).
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Hong Kong Black Tea Export Prices - Historical, Trends and Prediction
The export price of black tea from Hong Kong has seen a steady increase over the past five years. In 2018, the export price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the export price per kilogram rose to $2.75, and in 2021 it further increased to $2.90. This year, the export price per kilogram has reached $3.05, which is the highest price in the past five years. Based on this trend, it is likely that the export price per kilogram of black tea from Hong Kong will continue to increase in the next two years, reaching $3.20 in 2023 and $3.35 in 2024.The black tea exports from Hong Kong 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)
Hong Kong Black Tea Import Prices - Historical, Trends and Prediction
The import price of Black Tea into Hong Kong has seen a steady increase over the past five years. In 2018, the import price per kilogram was $2.45, which increased to $2.60 in 2019. In 2020, the price rose to $2.75, and in 2021 it further increased to $2.90. The most recent data shows that the import price per kilogram of Black Tea into Hong Kong was $3.05 in 2022. Overall, the import price of Black Tea into Hong Kong has increased by 24.5% over the past five years. This trend is likely to continue in the coming years, with the import price per kilogram predicted to reach $3.20 in 2023 and $3.35 in 2024.Export values for Hong Kong black tea
The total values in export for black tea in Hong Kong were US$ 20,759, US$ 28,883, US$ 40,434 and US$ 45,064 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Hong Kong: 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.
Hong Kong black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Hong Kong exported 4,234 tonnes of black tea. For 2019 alone, the market for Hong Kong black tea (processed category) has reduced, with a change of -15.455 % compared to the year 2018. Between 2017 and 2019, black tea's exports grew by 13.57 pc bringing the exporter US$45.06m for the year 2019. Hong Kong's black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
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Hong Kong black tea export values
In 2019, Hong Kong sold black tea with a value of 45.06m USD, an improvement of 11.44% from 2018's total black tea export of 40.434m USD. The yearly change in value of Hong Kong black tea between 2017 to 2018 was 39.992 per cent.
The per year change in the amount of Hong Kong's black tea exports between 2017 and 2019 was 13.57 per cent when compared to a variation of -15.455% in the growth rate between 2018 and 2019.
Hong Kong's portion of the world's total black tea's exports in 2019 was 2.6%. Hong Kong holds number 12 in world exports of black tea.
Export markets for Hong Kong black tea ( in '000$ )
Hong Kong's best performing export markets for black tea are Vietnam, China, Macao, Canada and US.
Import/Export Trends
Hong Kong is a net importer of black tea. The annual growth of Hong Kong black tea in value between 2015 to 2019 was 1%, per year, while annual growth in quantity for the same period was %, per annum.
Hong Kong procured 13,949 tonnes of black tea in 2019.