What is the price of black tea per kilogram/pound in Lao (Laos) today?
The retail price range for Lao (Laos) black tea is between US$ 4.29 and US$ 32.38 per kilogram or between US$ 1.94 and US$ 14.68 per pound(lb). Click here to see today's exact prices of black tea in Lao (Laos)
The retail price range in Lao kip for black tea is between LAK 85,707.00 and LAK 647,564.00 per kilogram or between LAK 38,869.39 and LAK 293,679.82 per pound(lb) in Vientiane and Pakse (Pakxe).
Wholesale prices
In 2024, the approximate wholesale price range for Lao (Laos) black tea is between US$ 3.00 and US$ 22.66 per kilogram or between US$ 1.36 and US$ 10.28 per pound(lb).
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Lao (Laos) Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Lao has seen a steady increase over the last five years. In 2017, the export price was 3.86 US $ per kg, and in 2021 it was 2.88 US $ per kg. The highest export price was recorded in 2018 at 6.67 US $ per kg. The export price has been steadily decreasing since then, with the lowest price of 7.27 US $ per kg recorded in 2020. Based on this trend, it is predicted that the export price of Black Tea from Lao in 2023 will be around 5.39 US $ per kg and in 2024 it will be around 3.91 US $ per kg.Lao (Laos) Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Lao (Laos) has seen a steady increase over the past five years. In 2016, the price was 3.50 US dollars per kg, and by 2021, it had risen to 2.88 US dollars per kg. This represents an increase of 4.37 US dollars per kg over the five-year period. The highest price was recorded in 2018, when the import price was 6.67 US dollars per kg. This was followed by a slight decrease in 2019 and 2020, when the price was 7.47 and 7.27 US dollars per kg respectively. Looking ahead, it is likely that the import price of Black Tea into Lao will continue to increase. Based on the data, it is predicted that the price in 2023 will be 8.07 US dollars per kg, and in 2024, it will be 8.87 US dollars per kg.Export values for Lao (Laos) black tea
The total values in export for black tea in Lao (Laos) were US$ 42, US$ 54, US$ 40 and US$ 224 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Lao (Laos): 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.
Lao (Laos) black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lao (Laos) exported 30 tonnes of black tea. Through 2019 alone, the demand for Lao (Laos) black tea (processed category) has gone up, with a change of 400 pc compared to the year 2018. Between 2017 and 2019, black tea's exports went up by 114.29% netting Lao (Laos) US$0.22m for the year 2019. Lao (Laos)'s black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
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Lao (Laos) black tea export values
In 2019, Lao (Laos) supplied black tea valued at 0.22m USD, an increment of 450.00% from 2018's total black tea export of 0.04m USD. The yearly growth in value of Lao (Laos) black tea between 2017 to 2018 was -25.926%.
The yearly variation in the amount of Lao (Laos)'s black tea exports between 2017 and 2019 was 114.29 per cent compared to a variation of 400% in the period between 2018 and 2019.
Export markets for Lao (Laos) black tea ( in '000$ )
Lao (Laos) imported 5 tonnes of black tea in 2019.
Production
The production of black tea in Lao (Laos) was 17,232 tonnes in 2019 and is predicted to change by an average of 6.96%. The country had an estimated 9,212.00 hectares under black tea cultivation.