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In March 2023, the price of Tea was $2,884 per ton (CIF, United Kingdom), with a 10% decrease compared to the previous month.
In March 2023, the tea price stood at $9,407 per ton (CIF, Hong Kong), waning by -37.8% against the previous month.
Learn how to successfully enter the tea market in the United States with this comprehensive guide. Discover key insights, market entry strategies, and valuable resources to help you navigate this lucrative industry.
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.
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