The import of black tea in packages less than 3 kg to China was valued at 50.0 Million US Dollars in 2023. From 2024 to 2028, forecasted data show a steady growth in import value, starting at 51.948 Million USD in 2024 and reaching 59.878 Million USD by 2028. This represents a compound annual growth rate (CAGR) of approximately 3.6% over the five-year period. Year-on-year variations indicate a consistent increase, averaging around 3.8% annually.
Trends to watch for in the future include:
- Potential changes in consumer preferences for premium or specialty black tea that may impact import volumes.
- Economic factors such as tariffs and trade agreements that could affect pricing and demand.
- Environmental concerns and sustainability practices in the tea industry that could influence sourcing and import patterns.