Key Market Indicators
The country ranked number 5 in 2021, India came ahead at 389 Thousand Metric Tons. India, China, Kenya and Argentina respectively came in numbers 1, 2, 3 and 5 in this ranking. Argentina is set to become an increasingly important player in the global tea market. By 2026, consumption is expected to reach almost 300,000 metric tons and production to reach around 400,000 metric tons. Between 2017 and 2021, consumption grew at a rate of 0.8% and production at a rate of 0.6%. In 2021, Argentina ranked fourth in terms of consumption and fifth in terms of production, behind India, China, and Kenya.