The forecasted import of tea and mate extracts, essences, and concentrates to India from 2024 to 2028 indicates a steady upward trend. The volume shows an annual growth trend with increases observed year-on-year: 296.94 thousand kilograms in 2025, 304.64 thousand kilograms in 2026, 312.19 thousand kilograms in 2027, and 319.59 thousand kilograms in 2028. The compound annual growth rate (CAGR) over the five years starting from 2024 is consistent with increasing demand.
Future trends to watch for include:
- Changes in consumer preferences towards exotic and varied tea blends.
- Potential trade policies affecting import tariffs and quotas.
- Sustainability trends impacting supply chains and raw material sourcing.
- Global market dynamics and price fluctuations of tea and mate extracts.