What is the price of black tea per kilogram/pound in Kuwait today?
The retail price range for Kuwait black tea is between US$ 29.38 and US$ 48.97 per kilogram or between US$ 13.32 and US$ 22.21 per pound(lb). Click here to see today's exact prices of black tea in Kuwait
The retail price range in Kuwaiti Dinar for black tea is between KWD 9.05 and KWD 15.09 per kilogram or between KWD 4.11 and KWD 6.84 per pound(lb) in Kuwait City and Al Jahra.
Wholesale prices
In 2024, the approximate wholesale price range for Kuwait black tea is between US$ 20.57 and US$ 34.28 per kilogram or between US$ 9.33 and US$ 15.54 per pound(lb).
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Kuwait Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Kuwait over the last five years has been quite volatile. In 2017, the price was 5.71 US$ per kg, followed by a decrease to 5.16 US$ per kg in 2018. In 2019, the price dropped further to 5.06 US$ per kg, before increasing to 5.36 US$ per kg in 2020. This year, 2021, the price has dropped to 3.01 US$ per kg. Based on this data, it is likely that the export price per kilogram of Black Tea from Kuwait will remain around the 3.01 US$ per kg mark in 2023 and 2024.The Kuwait 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 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
Kuwait Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Kuwait has been quite volatile over the past five years. In 2016, the price was 4.49 US dollars per kg, which was the lowest in the five-year period. This was followed by a sharp increase in 2017, when the price rose to 5.71 US dollars per kg. In 2018, the price dropped to 5.16 US dollars per kg, before rising again to 5.06 US dollars per kg in 2019. The price then increased to 5.36 US dollars per kg in 2020, before dropping to 3.01 US dollars per kg in 2021. Based on the data, it is likely that the price of Black Tea into Kuwait will remain relatively stable in the next two years. We predict that the price will be around 5.36 US dollars per kg in 2023 and 5.16 US dollars per kg in 2024.Export values for Kuwait black tea
The total values in export for black tea in Kuwait were US$ 1,736, US$ 3,724, US$ 2,601 and US$ 172 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kuwait: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Yerba mate.
See prices of black tea in other countries across Middle East: Bahrain black tea, Cyprus black tea, Iraq black tea, Israel black tea, Jordan black tea, Kuwait black tea, Lebanon black tea, Palestine black tea, Oman black tea & Qatar black tea.
Kuwait black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kuwait sold 34 tonnes of black tea. For the year 2019 alone, the interest in Kuwait black tea (processed category) has reduced, flactuating by -93.254 % compared to the year 2018. Between 2017 and 2019, black tea's exports reduced by -94.79 pc earning the nation US$0.17m for the year 2019. Kuwait's black tea exports are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
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Kuwait black tea export values
In 2019, Kuwait exported black tea with a value of 0.17m USD, a reduction of -93.46% from 2018's total black tea export of 2.601m USD. The yearly reduction in value of Kuwait black tea between 2017 to 2018 was -30.156 per cent.
The per year change in the volume of Kuwait's black tea exports between 2017 and 2019 was -94.79 per cent when compared to a variation of -93.254% in the growth rate between 2018 and 2019.
Export markets for Kuwait black tea ( in '000$ )
Kuwait's leading export markets for black tea are Saudi Arabia, Canada, Qatar, Oman and Jordan.
Kuwait brought in 6,536 tonnes of black tea in 2019.