The forecasted data for the import of black tea in packages greater than 3 kg to India reveals a decreasing trend from 2024 to 2028. Starting at 9.25 million kg in 2024, the volume is expected to decline to 7.32 million kg by 2028. The import volume showed a continuous decline, with year-on-year decreases averaging about 5.5% annually.
In 2023, the actual import value stood at 9.74 million kg, evidencing a slowing demand or potential substitution with domestic supply or other tea varieties.
Key future trends to watch for:
- Potential policy changes affecting the international tea trade.
- Emerging consumer preferences for different tea types.
- Fluctuations in international black tea prices influencing import volumes.
