The forecast for China's mate and tea import volume from 2024 to 2028 shows a consistent upward trend, with annual increases in the range of 1.7% to 1.8% year-on-year. The market is expected to grow from 101.0 thousand metric tons in 2024 to 107.7 thousand metric tons by 2028. For context, the import volume in 2023 stood at 100.0 thousand metric tons, indicating a steady expansion in demand.
Looking to the future, several trends could influence the market:
- Growing health-conscious trends could boost tea consumption.
- Economic changes in China could impact import volumes.
- Environmental factors affecting tea-producing countries might influence supplies and prices.