What is the price of black tea per kilogram/pound in Myanmar today?
The retail price range for Myanmar black tea is between US$ 8.13 and US$ 17.29 per kilogram or between US$ 3.69 and US$ 7.84 per pound(lb). Click here to see today's exact prices of black tea in Myanmar
The retail price range in Kyat for black tea is between MMK 17,289.00 and MMK 36,785.11 per kilogram or between MMK 7,840.82 and MMK 16,682.59 per pound(lb) in Naypyitaw and Yangon.
Wholesale prices
In 2024, the approximate wholesale price range for Myanmar black tea is between US$ 5.69 and US$ 12.10 per kilogram or between US$ 2.58 and US$ 5.49 per pound(lb).
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Myanmar Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Myanmar has seen a steady decline over the last five years. In 2017, the export price was 0.59 US $ per kg, followed by 1.11 US $ per kg in 2018. In 2019, the export price dropped to 1.00 US $ per kg and further decreased to 0.69 US $ per kg in 2020. The export price in 2021 was 0.65 US $ per kg. Based on this trend, it is predicted that the export price of Black Tea from Myanmar in 2023 will be around 0.60 US $ per kg and in 2024 it will be around 0.55 US $ per kg.Myanmar Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Myanmar has seen a steady decline over the past five years. In 2017, the price was 0.59 US$ per kg, followed by 1.11 US$ per kg in 2018. In 2019, the price dropped to 1.00 US$ per kg and further decreased to 0.69 US$ per kg in 2020. The price has remained relatively stable in 2021, at 0.65 US$ per kg. Based on this trend, it is likely that the import price of Black Tea into Myanmar will continue to decrease in the coming years. We can predict that the price in 2023 will be around 0.60 US$ per kg and in 2024 it will be around 0.55 US$ per kg.Export values for Myanmar black tea
The total values in export for black tea in Myanmar were US$ 715, US$ 1,884, US$ 1,751 and US$ 2,064 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Myanmar: 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.
Myanmar black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Myanmar exported 2,069 tonnes of black tea. For the year 2019 alone, the market for Myanmar black tea (processed category) has increased, recording a change of 32.12 % compared to the year 2018. Between 2017 and 2019, black tea's exports decreased by -35.71 percent earning the nation US$2.06m for the year 2019. Myanmar's black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
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Myanmar black tea export values
In 2019, Myanmar shipped black tea with a value of 2.06m USD, an improvement of 17.65% from 2018's total black tea export of 1.751m USD. The annual growth in value of Myanmar black tea between 2017 to 2018 was -7.059 percent.
The annual/yearly variation in the quantity of Myanmar's black tea exports between 2017 and 2019 was -35.71 pc when compared to a variation of 32.12% in the growth rate between 2018 and 2019.
Export markets for Myanmar black tea ( in '000$ )
Myanmar brought in 572 tonnes of black tea in 2019.
Production
The production of black tea in Myanmar was 264,988 tonnes in 2019 and is estimated to change by an average of -7.72%. The country had an estimated 179,748.00 hectares under black tea cultivation.