Global price of Tea, Kenyan
PTEAUSDM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
305.96
Year-over-Year Change
4.10%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Global price of Tea, Kenyan' trend measures the average wholesale price of Kenyan tea traded globally. It is an important indicator of commodity price dynamics and market conditions for one of the world's most consumed beverages.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Global price of Tea, Kenyan' series tracks the monthly average US dollar price per kilogram of tea exported from Kenya, a major global producer and exporter. This benchmark price is widely used by economists, traders, and policymakers to monitor trends in the international tea market.
Methodology
The data is collected and reported by the International Tea Committee based on trade transactions.
Historical Context
Kenyan tea prices influence incomes for millions of smallholder farmers and shape global supply and demand for the commodity.
Key Facts
- Kenya is the world's largest exporter of black tea.
- Tea is Kenya's leading agricultural export, accounting for over 20% of total export earnings.
- Global tea production has grown steadily over the past two decades.
FAQs
Q: What does this economic trend measure?
A: The 'Global price of Tea, Kenyan' trend measures the average monthly wholesale price of Kenyan tea traded internationally in US dollars per kilogram.
Q: Why is this trend relevant for users or analysts?
A: Kenyan tea prices are a key indicator of conditions in the global tea market, influencing incomes for millions of smallholder farmers and shaping supply and demand dynamics.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Tea Committee based on actual trade transactions.
Q: How is this trend used in economic policy?
A: Kenyan tea prices are monitored by policymakers, economists, and traders to assess market conditions and make informed decisions regarding agricultural, trade, and economic policies.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with some potential for delays in publication.
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Citation
U.S. Federal Reserve, Global price of Tea, Kenyan (PTEAUSDM), retrieved from FRED.