The quantity of black tea exported by South Korea in 2020 was 307 tonnes. In 2019 South Korea exported 203 tonnes of black tea. For 2019 alone, the demand for South Korea black tea (processed category) has gone down, changing by -6.881 % compared to the year 2018. Between 2017 and 2019, black tea's exports decreased by -36.16 pc netting the country US$2.22m for the year 2019. South Korea's black tea exports are categorised as:
In 2019, South Korea supplied black tea costing 2.22m USD, a surge of 33.01% from 2018's total black tea export of 1.669m USD. The annual increase in value of South Korea black tea between 2017 to 2018 was -1.534 pc.
The annual/yearly change in the amount of South Korea's black tea exports between 2017 and 2019 was -36.16 percent when compared to a variation of -6.881% in the growth rate between 2018 and 2019.
South Korea's stake of the world's total black tea's exports in 2019 was less than 1%. South Korea holds number 24 in world exports of black tea.
South Korea's best performing export markets for black tea are US, Yemen, Germany, Australia and Canada.
South Korea is a net importer of black tea. The annual growth of South Korea black tea in value between 2015 to 2019 was -24%, per annum, while annual growth in quantity for the same period was -16%, per annum.
South Korea purchased 1,492 tonnes of black tea in 2019.
The production of black tea in South Korea was 5,536 tonnes in 2019 and is forecast to change by an average of 2.71%. The country had an estimated 5,066.00 hectares under black tea cultivation.