Welcome to Freshdi.com, your go-to platform for Vietnam tea suppliers. In this article, we delve into the significance of Vietnam tea suppliers in the global market and provide an overview of Vietnam’s tea exports in Q1 2022.

Vietnam is a major player in the global tea industry, with a rich history of tea cultivation that dates back thousands of years. As one of the world’s top tea exporters, Vietnam has a diverse range of tea suppliers, wholesalers, and export companies that contribute significantly to the global tea market.

In Q1 2022, Vietnam’s tea exports reached 22.95 thousand tons, achieving a turnover of 36.7 million USD. This performance, despite being a decrease of 11.9% in quantity and 11.3% in turnover compared to the same period in 2021, underscores the resilience and adaptability of Vietnam tea exporters in navigating the complex dynamics of the global tea market.

Stay tuned as we delve deeper into the world of Vietnam tea wholesalers and Vietnam tea export companies, providing you with comprehensive insights into the top players in the industry and the major markets for Vietnam’s tea. Whether you’re an importer looking for reliable Vietnam tea suppliers or a tea enthusiast keen on understanding the intricacies of the tea export industry, this article is for you.

Vietnam’s Tea Exports in Q1 2022

As a leading platform for Vietnam tea suppliers, Freshdi.com is committed to providing you with the most accurate and up-to-date information. According to the General Department of Customs statistics, Vietnam tea exporters reached a significant milestone in March 2022, exporting 8.18 thousand tons of tea. This equates to a turnover of 13.34 million USD, marking an increase of 36.4% in quantity and 50.3% in turnover compared to February.

However, when compared to March 2021, the export volume was down by 20% in quantity and 16.6% in turnover. This highlights the dynamic nature of the global tea market and the challenges faced by Vietnam tea suppliers.

In the first quarter of 2022, Vietnam tea exporters shipped out 22.95 thousand tons of tea, achieving a turnover of 36.7 million USD. This represents a decrease of 11.9% in quantity and 11.3% in turnover compared to the same period in 2021.

The average tea export prices in March 2022 were 1,631 USD/ton, increasing by 1.9% over the same period in 2021. In the first quarter of 2022, the average tea export price was 1,599.4 USD/ton, a slight increase of 0.66% compared to the first quarter of 2021.

In February 2022, Vietnam tea export companies primarily exported tea to Pakistan and Russia. These markets accounted for 23.1% and 15.2% of Vietnam’s total tea exports, respectively, demonstrating the global reach of Vietnam tea wholesalers.

However, Vietnam tea exporters experienced a decline in exports to several markets in February. For instance, exports to Indonesia were down 28.33%, Malaysia by 18.51%, and Iraq by 72.02% in turnover over January 2022.

On the other hand, tea exports to some markets recorded significant increases. In February, exports to India were up 948.5% in quantity and 398.8% in turnover, while exports to the US were up 131.9% in quantity and 138.9% in turnover over February 2021.

In the first two months of 2022, India emerged as Vietnam’s fastest-growing tea exporting market. Tea exports to this market increased by 467.8% in quantity and 387.4% in turnover compared to the same period in 2021.

>> Read more: Certified Vietnam Tea Exporters List accredited by the Ministry of Industry and Trade - October 2022

Aside from India, the US is a significant tea exporting market for Vietnam. In fact, Vietnam is currently the 5th largest tea supplier to the US, demonstrating the global reach of Vietnam tea exporters.

According to statistics from the US International Trade Commission (USITC), US tea imports in January 2022 reached 8.65 thousand tons, worth 40.6 million USD. This marked an increase of 2% in volume and 13.4% in value compared to January 2021. The average price of imported tea into the US in January 2022 reached 4,688.7 USD/ton, up 11.3% compared to January 2021.

Argentina, China, and India are the three main tea supplying markets for the US. Imported tea from these three markets accounted for 57.7% of total tea imported to the US in January 2022. This highlights the competitive landscape that Vietnam tea wholesalers and Vietnam tea export companies operate in.

Despite the competition, Vietnam has managed to secure its position as the 5th largest tea supplier to the US. Both the volume and value of imports from Vietnam increased in January 2022. The import price of tea from Vietnam was at 1,668.6 USD/ton, up 22.5% compared to January 2021. The proportion of tea imports from Vietnam in total tea imports to the US increased by 0.5 percentage points compared to January 2021.

These statistics underscore the resilience and competitiveness of Vietnam tea suppliers in the global market. Stay tuned to Freshdi.com for more updates and insights into the world of Vietnam tea wholesalers, Vietnam tea exporters, and Vietnam tea export companies. We are here to keep you informed and connected with the dynamic world of tea exports in Vietnam.

Top 10 Tea Exporters in Vietnam

In the dynamic world of tea exports, Vietnam tea suppliers have made their mark. Here, we present a detailed profile of the top three Vietnam tea exporters in the first two months of 2022.

• Asia Tea Company Limited: Established in 2004, Asia Tea Company Limited has grown dramatically to become the biggest tea producer and exporter of Vietnam. With over 1,200 RA certified tea gardens spanning an area of about 20,000 hectares in Phu Tho province, the heartland of tea in Vietnam, Asia Tea Company Limited has been able to maintain great control over the final products. They are committed to providing tea products that meet customers’ needs, from quality and pricing to packaging.Future Generation Phu Tho Company Limited: Future Generation Phu Tho Company Limited, also known as FGC, has made significant strides in the tea industry since its establishment. With over 60 tea farms in Vietnam and many trusted partners worldwide, FGC has become a leading brand in Vietnam’s tea market. They maintain strict control over the supply chain to produce high-quality tea leaves that conform to international food safety and hygiene standards.
• SSOE Phu Tho Tea Company Limited: SSOE Phu Tho Tea Company Limited is another key player among Vietnam tea wholesalers. They have been operating since 2017 and have made a significant contribution to Vietnam’s tea exports. SSOE Phu Tho Tea Company Limited is known for its commitment to quality and has a strong presence in the global tea marketNam Anh Phat Import Export Joint Stock Company: Nam Anh Phat Import Export Joint Stock Company, a Vietnam tea supplier and exporter, has made a significant impact in the tea industry. With a diverse range of products and services, they have established themselves as a trusted partner for businesses worldwide. Their commitment to quality and customer satisfaction sets them apart in the market of Vietnam tea wholesalers.

• Nam Son Phu Tho Company Limited: As one of the leading Vietnam tea exporters, Nam Son Phu Tho Company Limited has been consistently delivering high-quality tea products. With over 60 tea farms in Vietnam, they have a strong presence in the global tea market. Their strict control over the supply chain ensures that their tea leaves conform to international food safety and hygiene standards.

• Thien Phu Tea Joint Stock Company: Thien Phu Tea Joint Stock Company is a key player among Vietnam tea wholesalers. They have been operating since 1996 and have made a significant contribution to Vietnam’s tea exports. Known for their commitment to quality, they have a strong presence in the global tea market.

• Hoang Minh Tea Company Limited: Hoang Minh Tea Company Limited is a reputable Vietnam tea supplier. They offer a wide range of tea products, ensuring the best quality and taste for their customers. Their dedication to customer satisfaction and commitment to quality has earned them a strong reputation in the tea industry.

• Nam Long Company Limited: Nam Long Company Limited is a prominent Vietnam tea exporter. They have a diverse portfolio of tea products that cater to various customer preferences. Their commitment to quality and customer satisfaction has made them a trusted partner for businesses worldwide.

• Ha Tinh Tea Joint Stock Company: Ha Tinh Tea Joint Stock Company is a leading Vietnam tea supplier. They have been in the tea industry since 2002, providing high-quality tea products to their customers. Their commitment to quality and customer satisfaction has earned them a strong reputation in the tea industry.

• Song Lo Tea Joint Stock Company: Song Lo Tea Joint Stock Company, a Vietnam tea exporter, has been consistently delivering high-quality tea products. With a strong presence in the global tea market, they have established themselves as a trusted partner for businesses worldwide. Their commitment to quality and customer satisfaction sets them apart in the market of Vietnam tea wholesalers.

These ten companies represent the best of Vietnam tea suppliers, Vietnam tea wholesalers, Vietnam tea exporters, and Vietnam tea export companies, contributing significantly to the global tea market.

Forecast for the Second Quarter

Looking ahead, it is forecasted that Vietnam’s tea exports will grow positively in the second quarter of 2022. This positive outlook is driven by several factors. Firstly, the trend of tea consumption is increasing as consumers are spending more time at home. Secondly, tariff incentives from Free Trade Agreements such as EVFTA, CPTPP, etc., are providing a competitive edge to the tea industry.

However, the tea industry is not without its challenges. Many tea-producing countries have faced production interruptions due to COVID-19 and dry weather, disrupting the supply chain of tea in the global market. Notably, India, one of the world’s major tea production and consumption markets, is being seriously affected by the pandemic and drought in the main tea-growing areas.

On the other hand, favorable weather conditions in the main tea-producing markets such as Kenya and Sri Lanka have led to an increase in supply. However, with demand not increasing much, this increased supply pressure could lead to lower export prices. This is a key factor that could hinder the growth rate of Vietnam’s tea industry in the coming time.

As we navigate these challenges and opportunities, Vietnam tea suppliers, Vietnam tea wholesalers, Vietnam tea exporters, and Vietnam tea export companies continue to strive for excellence, ensuring the delivery of high-quality tea to the global market. Stay tuned to Freshdi.com for more insights and updates on the dynamic world of tea exports in Vietnam.

>> Read more: Forecast for Vietnam’s 2024 Tea Exports

Freshdi.com's Guide to Tea Exportation

Freshdi.com's guide provides you with all the detailed information about the Vietnamese Tea industry, covering various topics from the import market and popular tea varieties to price trends, finding exporters, and necessary considerations when exporting tea from Vietnam. This guide helps you understand the Vietnamese tea market, helping you succeed in trading with tea suppliers in Vietnam.

Chapter 1: Comprehensive Overview of Vietnam’s Tea Market Embark on a journey through Vietnam’s tea market, understanding its global position, top suppliers, exporters, and factors impacting prices.

Chapter 2: Certified Vietnam Tea Exporters List accredited by the Ministry of Industry and Trade - October 2022 Stay updated with the certified list of tea exporters in Vietnam, accredited by the Ministry of Industry and Trade as of October 2024.

Chapter 3: Vietnam’s Top 10 Tea Exporters (Q1 2022) Discover the top 10 tea exporters in Vietnam for Q1 2022, leading the charge in the global tea market.

Chapter 4: Top Vietnamese Tea Suppliers: A Comprehensive Guide 2023 Explore the top Vietnamese tea suppliers, their diverse tea offerings, and the advantages of partnering with them in the tea industry.

Chapter 5: How to Import Tea from Vietnam: A Step-by-Step Process Uncover the process of importing tea from Vietnam, from finding suppliers to navigating customs procedures.

Chapter 6: How to Find Tea Suppliers in Vietnam Follow our guide to finding reliable tea suppliers in Vietnam, a major contributor to the global tea industry.

Chapter 7: Comprehensive Guide to Import Customs Procedures for Tea from Vietnam Navigate through the comprehensive process of importing tea from Vietnam with our detailed guide on customs procedures.

Chapter 8: Comprehensive Guide to Taxes for Tea Export from Vietnam Understand the comprehensive guide on exporting dried tea from Vietnam, including customs procedures and export taxes for success.

Chapter 9: Top Types Of Tea Exported Abroad Vietnam Tea Export Explore the variety of teas exported from Vietnam, including green, black, oolong, and specialty blends, to markets worldwide.

Chapter 10: Forecast for Vietnam’s 2024 Tea Exports Explore Vietnam’s tea industry, its challenges, opportunities, and the role of key players in 2024.

This guide provides a comprehensive understanding of the Vietnamese tea market, from suppliers to exporters, and from import processes to future forecasts. It serves as a valuable resource for anyone interested in the Vietnamese tea industry.

Conclusion

In summary, this article provides a comprehensive overview of the vibrant tea industry in Vietnam, focusing on the significant contributions of top Vietnam tea suppliers, Vietnam tea wholesalers, Vietnam tea exporters, and Vietnam tea export companies. These key players continue to shape the global tea market with their high-quality products and commitment to customer satisfaction. Stay tuned to Freshdi.com for more insights into the dynamic world of tea exports in Vietnam.

Source:

https://vietnamcredit.com.vn/news/vietnams-top-10-tea-exporters-q1-2022_14687#:~:text=Asia%20Tea%20Company%20Limited%2C%20Future,first%20two%20months%20of%202022.

https://www.fao.org/3/i4482e/i4482e.pdf

https://www.nature.com/articles/d41586-019-00399-0