What is the price of black tea per kilogram/pound in Senegal today?
The retail price range for Senegal black tea is between US$ 2.91 and US$ 5.34 per kilogram or between US$ 1.32 and US$ 2.42 per pound(lb). Click here to see today's exact prices of black tea in Senegal
The retail price range in CFA Franc BCEAO for black tea is between XOF 1,774.39 and XOF 3,253.05 per kilogram or between XOF 804.71 and XOF 1,475.31 per pound(lb) in Dakar and Touba.
Wholesale prices
In 2024, the approximate wholesale price range for Senegal black tea is between US$ 2.04 and US$ 3.73 per kilogram or between US$ 0.92 and US$ 1.69 per pound(lb).
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Senegal Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Senegal over the last five years has been quite volatile. In 2016, the price was 1.09 US $ per kg, which dropped to 0.84 US $ per kg in 2017. However, in 2018, the price rose to 1.53 US $ per kg and then skyrocketed to 12.33 US $ per kg in 2019. The price then dropped to 17.00 US $ per kg in 2020 and 7.00 US $ per kg in 2021. Based on this trend, it is likely that the export price per kilogram of Black Tea from Senegal in 2023 will be around 8.50 US $ per kg and in 2024 will be around 9.50 US $ per kg.The black tea exports from Senegal 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)
Senegal Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Senegal over the last five years has seen a significant fluctuation. In 2016, the price was $1.09, which dropped to $0.84 in 2017. However, in 2018, the price rose to $1.53, before experiencing a dramatic increase to $12.33 in 2019. This was followed by a further increase to $17.00 in 2020, before dropping to $7.00 in 2021. Looking ahead, it is likely that the import price per kilogram of Black Tea into Senegal will remain relatively stable in the next two years. We predict that the price will be $7.00 in 2023 and $7.50 in 2024.Export values for Senegal black tea
The total values in export for black tea in Senegal were US$ 140, US$ 80, US$ 149 and US$ 37 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Senegal: 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.
Senegal black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Senegal shipped 3 tonnes of black tea. For 2019 alone, the market for Senegal black tea (processed category) has reduced, with a change of -96.939 % compared to the year 2018. Between 2017 and 2019, black tea's exports decreased by -96.88% earning the nation US$0.04m for the year 2019. Senegal's black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
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Senegal black tea export values
In 2019, Senegal exported black tea costing 0.04m USD, a contraction of -73.15% from 2018's total black tea export of 0.149m USD. The annual change in value of Senegal black tea between 2017 to 2018 was 86.25 per cent.
The per year change in the volume of Senegal's black tea exports between 2017 and 2019 was -96.88% in comparison to a variation of -96.939% in the period between 2018 and 2019.
Senegal's share of the world's total black tea's exports in 2019 was less than 1%. The country holds position 60 in world exports of black tea.
Export markets for Senegal black tea ( in '000$ )
Senegal's top destinations for black tea are Mali, the Gambia, Guinea, Guinea-Bissau and Cape Verde.
Import/Export Trends
Senegal is a net exporter of black tea. The annual growth of Senegal black tea in value between 2015 to 2019 was -9%, per annum, while annual growth in quantity during the same period was -11%, per annum.
Senegal purchased 131 tonnes of black tea in 2019.