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In January 2023, the tea price stood at $7,289 per ton (CIF, Netherlands), which is down by -12.1% against the previous month.
In February 2023, the tea price decreased to $4,187 per ton (CIF, US), a drop of -12.3% compared to the previous month.
In May 2022, the tea price per ton amounted to $4,282 (CIF, US), rising by 3.7% against the previous month.
The tea market is growing rapidly, with new brands and products emerging all the time. But what trends are driving this growth?
In 2020, shipments abroad of tea from India decreased by -20.6% owing to disruptions in supply chains during the pandemic.
In 2019, the EU tea market decreased by -5.1% to 214K tons, slipping back slightly from the previous year.
The global tea market revenue amounted to $25.9B in 2018, picking up by 7.7% against the previous year. Overall, the total market indicated strong growth from 2007 to 2018: its value increased at an average annual rate of +4.3% over that period. Global
Global tea consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global tea imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
From 2008 to 2015, global exports on the tea market showed mixed dynamics, amounting to X thousand tons in 2015. In value terms, they dropped to X million USD in 2015, which was X million USD less than the year before.
The global tea market showed an upward trend from 2008 to 2013 and reached a peak at X thousand tons. However, in 2014, dynamics downturned. During the next two years, the global tea market decreased to X thousand tons.
The volume of total imports on the global tea market in 2015 stood at X thousand tons. In value terms, imports of tea decreased to X million USD in 2015, which was X million USD (X%) less than the year before.