What is the price of black tea per kilogram/pound in Lesotho today?
The retail price range for Lesotho black tea is between US$ 7.81 and US$ 11.71 per kilogram or between US$ 3.54 and US$ 5.31 per pound(lb). Click here to see today's exact prices of black tea in Lesotho
The retail price range in Rand for black tea is between ZAR 151.62 and ZAR 227.44 per kilogram or between ZAR 68.76 and ZAR 103.15 per pound(lb) in Maseru and Leribe.
Wholesale prices
In 2024, the approximate wholesale price range for Lesotho black tea is between US$ 5.46 and US$ 8.20 per kilogram or between US$ 2.48 and US$ 3.72 per pound(lb).
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Lesotho Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Lesotho has seen a significant increase over the last five years. In 2010, the price was 2.67 US $ per kg, and in 2012 it rose to 3.50 US $ per kg. However, in 2014, the price dropped to 1.67 US $ per kg. In 2017, the price rose again to 63.7 US $ per kg, and in 2018 it skyrocketed to 225.00 US $ per kg. In 2019, the price dropped to 15.50 US $ per kg, and in 2020 it decreased further to 4.00 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Black Tea from Lesotho in 2023 will be around 8.00 US $ per kg, and in 2024 it will be around 10.00 US $ per kg.Lesotho Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Lesotho has seen a significant fluctuation over the past five years. In 2012, the price was 3.50 US dollars per kg, which dropped to 1.67 US dollars per kg in 2014. However, in 2017, the price skyrocketed to 63.70 US dollars per kg. This was followed by a further increase to 225.00 US dollars per kg in 2018. In 2019, the price dropped to 15.50 US dollars per kg, and then to 4.00 US dollars per kg in 2020. Based on this data, it is likely that the import price per kilogram of Black Tea into Lesotho will remain relatively low in the next few years. We predict that the price will be around 4.00 US dollars per kg in 2023 and 2024.Export values for Lesotho black tea
The total values in export for black tea in Lesotho were US$ 637, US$ 225 and US$ 155 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Lesotho: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Yerba mate.
See prices of black tea in other countries across Africa: Algeria black tea, Angola black tea, Botswana black tea, Burundi black tea, Cameroon black tea, Cape Verde black tea, Central African Republic black tea, Comoros black tea, DRC Congo black tea & Benin black tea.
Lesotho black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lesotho exported 10 tonnes of black tea. For 2019 alone, the interest in Lesotho black tea (processed category) has surged, recording a change of 900 pc compared to the year 2018. Between 2017 and 2019, black tea's exports was steady 0 percent netting Lesotho US$0.16m for the year 2019. Lesotho's black tea exports are classified as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
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Lesotho black tea export values
In 2019, Lesotho supplied black tea with a value of 0.16m USD, a decrease of -28.89% from 2018's total black tea export of 0.225m USD. The yearly reduction in value of Lesotho black tea between 2017 to 2018 was -64.678 per cent.
The yearly variation in the quantity of Lesotho's black tea exports between 2017 and 2019 was 0 pc compared to a variation of 900% in the period between 2018 and 2019.
Export markets for Lesotho black tea ( in '000$ )
Lesotho purchased 320 tonnes of black tea in 2019.