The forecast for China's tea exports indicates notable growth. From 2.75 billion USD in 2024, exports are expected to rise annually, reaching 3.37 billion USD by 2028. Assuming exports were near 2.60 billion USD in 2023, the anticipated increase in 2024 suggests over a 5% year-on-year growth, consistent with a robust expansion trend. The compound annual growth rate (CAGR) for this period is projected at around 5.2%.
Future trends to watch for include:
- Sustained demand for green and specialty teas globally.
- Potential impacts of trade policies and tariffs on exports.
- Technological advancements in tea production and logistics efficiencies.
