The re-import of green tea in packages less than 3 kg to China shows a steady upward trend from 2024 to 2028, with values rising from approximately $2.05 million to $2.44 million. In terms of year-on-year growth, there are consistent increases of around 4.9% annually. In 2023, the value stood slightly below the 2024 forecast value, suggesting an upward re-import demand trajectory. The compound annual growth rate (CAGR) over the five-year period is approximately 4.5%, indicating a solid growth trend in the small packaged green tea market segment.
Future trends to watch for include:
- Increasing consumer preference for premium and specialty tea variants.
- China's growing domestic consumption and lifestyle shifts toward healthy beverages.
- Potential impacts of international trade policies on import volumes and values.
- Technological advancements in packaging that may affect consumer demand.