The forecasted sold production of tea in the UK, in immediate packings not exceeding 3 Kg, shows a declining trend over the forecasted period from 2024 to 2028. In 2023, the production was approximately 85.6 million kilograms. The forecasted year-on-year variations indicate a consistent decline: -3.3% in 2025, -3.3% in 2026, -3.3% in 2027, and -3.4% in 2028. The compound annual growth rate (CAGR) over the five years is projected to be -3.4%.
Future trends to watch for include:
- Consumer preferences shifting towards healthier or alternative beverages might further impact tea demand.
- Effects of sustainability and ethical sourcing on production practices and their influence on tea availability.
- Potential changes in trade policies or economic factors that could alter production or consumption patterns.
