World tea market picture, will Vietnam make its mark?

Published 2024년 11월 3일

Tridge summary

China is the world's leading tea producer, with a growth in production due to increased domestic demand and health awareness, accounting for nearly 50% of the total output. India follows in the second place with a market share of 20.5%. Vietnam ranks fifth in global tea production, with a growth in both black and green tea output. The global tea market has seen a growth in consumption, driven by increasing income levels in Asian and emerging economies, with China being the largest consumer. However, the global tea exports are projected to remain stagnant in 2023 due to geopolitical tensions and the global economic downturn. Green tea exports are expected to continue their growth, while black tea exports are projected to remain stable. The future outlook shows a rise in both black and green tea production, with China expected to nearly double its green tea production by 2032.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China leads in production, Vietnam ranks 5th According to FAO data, world tea production (black tea, green tea, instant tea and others) will reach 6.7 million tons in 2022. This growth in output is mainly due to China's expansion of production. China's tea production will increase by 5.9% annually, from 1.92 million tons in 2013 to 3.34 million tons in 2022, due to increased domestic demand and increasing health awareness among Chinese consumers. China is the world's largest tea producer, accounting for nearly 50% of total output, followed by India with a 20.5% market share. Tea production in India is expected to increase from 1.35 million tonnes in 2021 to 1.37 million tonnes in 2022. With an output of 214,300 tonnes in 2022, Vietnam ranks fifth globally in tea production. Vietnam is rapidly emerging in the tea industry, both for black and green tea. Vietnamese green tea is known for its mild and balanced flavour, which is particularly popular. Vietnam is also known for its ...
Source: Agriculture

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