Development report on world tea production and marketing situation

Published Dec 30, 2020

Tridge summary

The global tea industry continued to grow steadily in 2019, with expanding tea garden areas, increased output, and rising export volumes, despite global economic weakness. China and India, the world's largest tea producers, drove this growth. The industry experienced challenges such as an overall downward trend in auction transaction prices and a decline in Africa's auction market. However, the industry is expected to continue its growth in the future, with a balance between upstream and downstream, innovation, and cultural implantation. There is also a call for industrial collaboration and the development of modern industrial chains to increase the added value of tea products.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2019, the global macro economy as a whole continues to show weakness. Major developed economies such as the United States, Europe and Japan have further slowed down, and most emerging economies have also shown signs of slowing down. In terms of sectors, the world’s industrial growth is slow and trade performance is sluggish. There are still many uncertain factors affecting world economic growth, and downward pressure continues to increase. China and India are the world’s major tea producing countries and major consumers, as well as the two major developing countries with rapid global economic growth. In China and India Driven by the strong momentum of the two countries, the global tea industry continued to maintain steady growth in 2019. The overall performance is: the area of tea gardens continues to expand, the output of tea continues to grow, the export volume continues to increase, the price increases slightly, and the consumer demand is slowly released. "Countries along ...

Source: Foodmate