Report on China's tea production and marketing situation in 2020

Published 2021년 4월 9일

Tridge summary

The Chinese tea industry experienced record-breaking growth in 2020 despite challenges from the epidemic and adverse macroeconomic conditions, with total tea production, output value, domestic sales, exports, and average export prices all reaching record highs. The industry aided in poverty alleviation efforts and saw growth in e-commerce and new tea beverage markets. However, challenges such as supply-demand imbalance, lack of innovation, and need for improvement in overall development in culture, science, and technology persist. The industry's structure and business integration need to be improved, and the impact of the epidemic and rising production costs continue to affect profit margins. Domestic sales of green tea were the highest, and while exports declined, their value increased and the average export price continued to rise. The export volume was led by traditional tea-producing provinces, while western provinces saw a rapid increase in export value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

2020 is an extraordinary year for the Chinese tea industry. Facing the epidemic and the adverse effects of the macroeconomic situation, under the correct leadership of the party and the government and the joint efforts of the entire industry, the Chinese tea industry has demonstrated A strong development determination and tenacity-total tea production, total output value, domestic sales, domestic sales, exports, and average export prices continue to climb, reaching a record high; the tea industry, as a pillar industry for precise poverty alleviation, is helping the nation to fight poverty. A decisive victory was achieved. At the same time, the channel end led by e-commerce and the consumer end led by new tea beverages frequently appeared; a number of tea companies submitted applications for listing on the main board; a number of capitals paid attention to the tea industry again; the China-EU Geographical Indication Agreement for China Tea's entry into the high-end international ...
Source: Foodmate

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