The price of tea is affected by weather conditions ©123RF
The price of tea is affected by weather conditions ©123RF

Global focus on… tea

6 October 2017

Like a builder’s brew, the world’s favourite hot beverage is still going strong, with global consumption remaining high in the face of growing coffee competition

Players

China dominated the market with more than a fifth of global production in 2016. Other markets include India, Kenya, Sri Lanka, Turkey and Vietnam. Key players include Unilever, Tata Tea and Twinings.

Production

Tea production was up in 2016 and is expected to continue at a growth of 2% per year. Black tea (mainly grown in India, Kenya and Sri Lanka) accounts for 60% of global production and green tea (mainly grown in China) 30%.

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