Market share of Vietnamese tea increases in Australia
VOV.VN - Australia imported a total of six tonnes of tea worth US$74,000 from Vietnam during the opening six months of the year, representing year-on-year increases of 62.1% in volume and 85% in value, according to figures released by the Ministry of Industry and Trade.
The country’s tea export volume to the Australian market made up just 0.08% of total Australian tea imports, marking an increase of 0.02 percentage points compared to last year’s corresponding period.
The average import price of Vietnamese tea enjoyed an annual surge of 14.1% to reach US$12,308 per tonne. At present, both Vietnamese black and green tea are favoured by Australian consumers.
Currently, India, Sri Lanka, Poland, the United Arab Emirates, and Indonesia make up the top five suppliers to the Australian market, accounting for 85.9% of Australia’s total imports during the reviewed period.