Key Market Indicators
Thai tea production is expected to reach 57,000 metric tons by 2026, a 1.1% year-on-year growth on average since 2017. Thai tea consumption is projected to fall by 0% year-on-year CAGR to 56,000 metric tons by 2026. Since 2017, demand has declined by 0.6% year-on-year. Morocco surpassed Thailand in 2021 to become the 19th largest tea consuming country, with India, Brazil, and Argentina coming in second, third, and fourth, respectively.
