# Sri Lanka Tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg price positioning (HS 090240)

Canonical: https://www.yugalinks.com/trade/price-exporter/lka/090240
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Sri Lanka has a median reported export price of $4.7K/t across 141 markets. Across the reported period, the highest observed price is $132.5K/t in Bermuda; the lowest is $603.2/t in Burkina Faso.

## Summary

- Price spread: 2,819.7%
- Total trade value: $3.3B
- Average quantity: 1,361 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Russia | 2023 | $4.5K/t | -15.8% | -2.6% | -4.5% | $495.6M | 5 | Mid |
| Iraq | 2023 | $3.0K/t | -14% | +15.9% | -9.5% | $256.4M | 5 | Mid |
| Azerbaijan | 2023 | $5.0K/t | -13.8% | -5.6% | -1.1% | $254.7M | 5 | Mid |
| China | 2023 | $4.1K/t | -21.3% | -2.6% | -9.9% | $235.1M | 5 | Mid |
| United Arab Emirates | 2023 | $5.8K/t | +0% | -4.9% | +47.6% | $178.6M | 5 | Mid |
| Turkey | 2023 | $4.3K/t | -46.9% | -2.3% | +20.3% | $262.2M | 5 | Below |
| Iran (Islamic Republic of) | 2023 | $5.8K/t | +39.1% | +5.8% | -3.1% | $429.2M | 5 | Above |
| Syrian Arab Republic | 2023 | $5.5K/t | +31.8% | +6.4% | +6% | $123.6M | 5 | Above |
| Germany | 2023 | $5.7K/t | -47.3% | +2.6% | +12.1% | $115.7M | 5 | Below |
| Japan | 2023 | $5.2K/t | -59.2% | +4.1% | +2.9% | $139.4M | 5 | Below |
| Chile | 2023 | $3.1K/t | -64.4% | -12.5% | -18.5% | $107.8M | 5 | Below |
| Saudi Arabia | 2023 | $3.7K/t | +19.4% | +10% | -28.4% | $54.9M | 5 | Mid |
| Other Asia, nes | 2023 | $4.0K/t | -1% | -4.2% | +3.8% | $82.3M | 5 | Mid |
| China, Hong Kong Special Administrative Region | 2023 | $4.4K/t | -57.8% | +9.3% | +3.2% | $67.7M | 5 | Below |
| USA, Puerto Rico and US Virgin Islands | 2023 | $4.4K/t | -46.4% | +4.3% | -14.4% | $52.4M | 5 | Below |
| Burkina Faso | 2023 | $841.8/t | -74.3% | +39.6% | -57.8% | $595.3K | 5 | Below |
| Bermuda | 2020 | $132.5K/t | +526.4% | Not reported | +0% | $265.0 | 1 | Above |

## Price history

- Russia: 2017 $4.8K/t, 2019 $3.7K/t, 2020 $3.9K/t, 2022 $4.7K/t, 2023 $4.5K/t
- Iraq: 2017 $3.3K/t, 2019 $2.4K/t, 2020 $2.6K/t, 2022 $2.6K/t, 2023 $3.0K/t
- Azerbaijan: 2017 $5.1K/t, 2019 $3.8K/t, 2020 $4.2K/t, 2022 $5.3K/t, 2023 $5.0K/t
- China: 2017 $4.6K/t, 2019 $3.9K/t, 2020 $4.1K/t, 2022 $4.2K/t, 2023 $4.1K/t
- United Arab Emirates: 2017 $3.9K/t, 2019 $3.3K/t, 2020 $3.3K/t, 2022 $6.1K/t, 2023 $5.8K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $4.7K/t | Not reported | $778.1M | 104 |
| 2019 | $4.0K/t | -14% | $688.4M | 117 |
| 2020 | $3.9K/t | -3.3% | $655.4M | 116 |
| 2022 | $4.4K/t | +14% | $613.0M | 115 |
| 2023 | $4.4K/t | -0.8% | $561.5M | 117 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 141 importer markets; 569 reported market-year observations.

## FAQ

### What does Sri Lanka price positioning show for HS 090240?

It compares Sri Lanka's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "LKA",
  "hs_code": "090240",
  "summary": {
    "num_markets": 141,
    "highest_price_importer_iso3": "BMU",
    "highest_price_usd_per_ton": 132500,
    "lowest_price_importer_iso3": "BFA",
    "lowest_price_usd_per_ton": 603.1861555879024,
    "median_price_across_markets": 4677.7323327990935,
    "price_spread_pct": 2819.674245137639,
    "avg_quantity_metric_tons": 1360.5439947275925,
    "total_trade_value_usd": 3296406575
  },
  "marketRows": [
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