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Experts predict Russian tea prices will rise

 Last Update: 2021-09-28
 Source: Internet
 Author: User

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Russian News reported on September 17 that experts predict that Russian tea prices may rise in 2021 due to the decline in tea imports and the increase in shipping costs .
According to statistics, Russian tea imports have fallen from 164,000 tons in 2016 to 151,000 tons in 2020 .
In addition, the current shipping cost of 20 tons of containers from China to Russia by sea has risen from the previous US$2500-3000 to US$18,000.
The increase in shipping costs will also raise the price of tea .
According to statistics from the Russian Federal Bureau of Statistics, the average price of Russian black tea in 2020 is 911 rubles (approximately US$12.
7) per kilogram, a year-on-year increase of 10% .

Tea import prices

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