In 2023, the production of green, black, and partly fermented tea in immediate packings of a content not exceeding 3 kg in the UK stood at an actual value preceding the 2024 forecast. The forecasts from 2024 to 2028 indicate a steady decline year-on-year: 3.02% from 2024 to 2025, 3.06% from 2025 to 2026, 3.09% from 2026 to 2027, and 3.13% from 2027 to 2028. The compounded annual growth rate (CAGR) for this period is negative, underscoring a downward trend in production over these five years.
Future trends to watch for include shifts in consumer preferences towards alternative beverages, sustainability and eco-friendly packaging influencing production choices, and potential economic factors affecting consumer spending, which could further impact demand and production levels in this segment.
