Sri Lanka Black Tea 2023 Retail Prices
The retail price range for Sri Lanka black tea in September is between US$ 13.3 and US$ 25.4 per kilogram or between US$ 6.03 and US$ 11.52 per pound(lb). Click here to see today's prices of black tea in Sri Lanka
The retail price range in Sri Lanka Rupee for black tea is between LKR 4092.31 and LKR 7815.38 per kilogram or between LKR 1855.92 and LKR 3544.39 per pound(lb) in Colombo and Jaffna.
Wholesale prices
In 2023, the approximate wholesale price range for Sri Lanka black tea is between US$ 9.31 and US$ 17.78 per kilogram or between US$ 4.22 and US$ 8.06 per pound(lb).
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Sri Lanka Black Tea Export Prices - Historical, Trends and Prediction
The export price per kilogram of Black Tea from Sri Lanka over the last five years has been relatively stable. In 2017, the price was 2.30 US$ per kg, followed by 2.09 US$ per kg in 2019. In 2020, the price dropped slightly to 2.01 US$ per kg, before increasing to 2.21 US$ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Black Tea from Sri Lanka in 2023 will be around 2.25 US$ per kg, and in 2024 will be around 2.30 US$ per kg.The black tea exports from Sri Lanka are classified 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)
Sri Lanka Black Tea Import Prices - Historical, Trends and Prediction
The import price per kilogram of Black Tea into Sri Lanka over the last five years has been relatively stable. In 2016, the price was 2.00 US $ per kg, followed by a slight increase to 2.30 US $ per kg in 2017. The price then dropped to 2.09 US $ per kg in 2019, before rising again to 2.01 US $ per kg in 2020 and 2.21 US $ per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Black Tea into Sri Lanka will remain around the same level in 2023 and 2024, with a slight increase to 2.25 US $ per kg in 2023 and 2.30 US $ per kg in 2024.Export values for Sri Lanka black tea
The total values in export for black tea in Sri Lanka were US$ 1,207,966, US$ 1,462,866, US$ 904,417 and US$ 818,060 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Sri Lanka: 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.
Nutrition: black tea calories and other nutrition facts
Sri Lanka black tea - Production, Exports, Imports, Seasons and HS Codes
In 2019 Sri Lanka shipped 175,307 tonnes of black tea. For 2019 alone, the market for Sri Lanka black tea (processed category) has gone down, flactuating by -1.858 per cent compared to the year 2018. Between 2017 and 2019, black tea's exports decreased by -37.85 percent bringing the nation US$818.06m for the year 2019. Sri Lanka's black tea exports are categorised as:
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of <= 3 kg (HS code 090230)
- Black fermented tea and partly fermented tea, whether or not flavoured, in immediate packings of > 3 kg (HS code 090240)
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Sri Lanka black tea export values
In 2019, Sri Lanka exported black tea worth 818.06m USD, a reduction of -9.55% from 2018's total black tea export of 904.417m USD. The annual reduction in value of Sri Lanka black tea between 2017 to 2018 was -38.175 percent.
The annual change in the amount of Sri Lanka's black tea exports between 2017 and 2019 was -37.85% in comparison to a variation of -1.858% in the period between 2018 and 2019.
Sri Lanka's share of the world's total black tea's exports in 2019 was less than 1%. The country is ranked number 38 in world exports of black tea.
Export markets for Sri Lanka black tea ( in '000$ )
Sri Lanka's top export markets for black tea are Russia, Turkey, China, Azerbaijan and United Arab Emirates (UAE).
Import/Export Trends
Sri Lanka is a net importer of black tea. The annual growth of Sri Lanka black tea in value between 2015 to 2019 was -24%, per annum, while annual growth in quantity through the same period was %, per annum.
Sri Lanka purchased 3,059 tonnes of black tea in 2019.
Production
The production of black tea in Sri Lanka was 600,240 tonnes in 2019 and is forecast to change by an average of -1.22%. The country had an estimated 400,592.00 hectares under black tea cultivation.