What is the price of black tea per kilogram/pound in Vietnam today?
The retail price range for Vietnam black tea is between US$ 8.14 and US$ 31.08 per kilogram or between US$ 3.69 and US$ 14.09 per pound(lb). Click here to see today's exact prices of black tea in Vietnam
The retail price range in Dong for black tea is between VND 203,466.40 and VND 776,960.00 per kilogram or between VND 92,275.01 and VND 352,362.81 per pound(lb) in Hanoi and Ho Chi Minh City.
Wholesale prices
In 2024, the approximate wholesale price range for Vietnam black tea is between US$ 5.70 and US$ 21.75 per kilogram or between US$ 2.58 and US$ 9.87 per pound(lb).
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Vietnam Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Vietnam has been relatively stable over the past five years. In 2016, the price was 1.39 US$ per kg, and it increased to 1.49 US$ per kg in 2013. Since then, the price has remained relatively constant, with a slight decrease to 1.45 US$ per kg in 2015 and 1.41 US$ per kg in 2017 and 2018. The most recent data shows that the price has decreased to 1.36 US$ per kg in 2020. Based on this trend, it is likely that the export price per kilogram of Black Tea from Vietnam will remain relatively stable in the next few years, with an estimated price of 1.35 US$ per kg in 2023 and 1.34 US$ per kg in 2024.Vietnam Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Vietnam has been relatively stable over the past five years. In 2016, the price was 1.39 US dollars per kg, and this increased slightly to 1.41 US dollars per kg in 2017 and 2018. However, in 2019 and 2020, the price decreased to 1.41 and 1.36 US dollars per kg respectively. Based on this trend, it is likely that the import price of Black Tea into Vietnam will remain around 1.36 US dollars per kg in the next few years, with a slight increase to 1.37 US dollars per kg in 2023 and 1.38 US dollars per kg in 2024.Export values for Vietnam black tea
The total values in export for black tea in Vietnam were US$ 104,126, US$ 114,491, US$ 92,089 and US$ 95,214 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Vietnam: 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.
Vietnam black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Vietnam sold 67,390 tonnes of black tea. Across 2019 alone, the demand for Vietnam black tea (processed category) has climbed, recording a change of 3.349 per cent compared to the year 2018. Between 2017 and 2019, black tea's exports reduced by -16.83 percent bringing Vietnam US$95.21m for the year 2019. Vietnam's black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
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Vietnam black tea export values
In 2019, Vietnam supplied black tea worth 95.21m USD, an improvement of 3.39% from 2018's total black tea export of 92.089m USD. The annual growth in value of Vietnam black tea between 2017 to 2018 was -19.567%.
The yearly variation in the volume of Vietnam's black tea exports between 2017 and 2019 was -16.83 pc in comparison to a variation of 3.349% in the period between 2018 and 2019.
Vietnam's share of the world's total black tea's exports in 2019 was less than 1%. The country holds number 34 in world exports of black tea.
Export markets for Vietnam black tea ( in '000$ )
Import/Export Trends
Vietnam is a net importer of black tea. The annual growth of Vietnam black tea in value between 2015 to 2019 was -41%, per year, while annual growth in quantity was -51%, per annum.
Vietnam procured 3,271 tonnes of black tea in 2019.
Production
The production of black tea in Vietnam was 538,562 tonnes in 2019 and is predicted to change by an average of -0.27%. The country had an estimated 231,884.00 hectares under black tea cultivation.