Markets

Insider Trading

Hedge Funds

Retirement

Opinion

12 Countries that Export the Most Tea in the World

In this piece, we will take a look at the twelve countries that export the most tea in the world. For more countries, head on over to 5 Countries that Export the Most Tea in the World.

Tea is one of the most popular and oldest beverages in the world. It traces its roots back to more than two thousand years in China, to the second century BC emperors of the Hang dynasty, with some records also dating it back to the 10th century BC. Naturally, Chinese mythology is full of references to tea, with one of the more interesting tales ascribing its origin to Damo Bodhidharma’s fallen eyelids.

Modern day tea consumption has come a long way since then. Tea is said to be the second most popular beverage in the world, coming second only to water. Statistics compiled by the United Nations’ Food and Agriculture Organization (FAO) share that world black tea consumption increased by 3.5% over the past decade and stood at a whopping 6.4 million tonnes in 2021. India was the world’s largest tea consumer, as it drank almost a sixth of the global output, or 1.05 million tonnes in 2020. In second place was China, which consumed close to 400,000 tonnes. For production alone, China was the world’s largest producer of green tea, having churned out almost half of the world’s supply by producing 3.1 million tonnes in 2021. India was the world’s largest producer of black tea in 2020, having produced a little over one million tonnes of the beverage. Looking at the future, the FAO believes that global black tea production will grow by 2.1%, with China leading the charge. Green tea production, on the other hand, will grow much faster, at an estimated 6.3%. Once again, China will play a crucial role here, with the Asian giant expected to nearly double its production by 2030.

In terms of market value, the global tea market was worth $49.7 billion in 2022 according to a research report from Expert Market Research. The research firm believes that the industry is being driven by the trends for healthy beverages and ready to drink beverages. Additionally, Expert Market Research’s compounded annual growth rate (CAGR) for the tea market sits at 6.2% between 2023 and 2028, with an estimated value of $71 billion by the end of the forecast period.

Like other industries, tea production, despite being one of the oldest fields in human history, is also making use of advanced technologies. One such area is modifying the chemical composition of the tea leaves to create new flavors and aromas. Oftentimes, tea is produced in regions with low human development and technological progress, which then opens up the scope for improving manufacturing performance through the application of technology. This application has yielded positive results. For instance, the computerization of the tea collection process at buying centers in Kenya led to a reduction in operating costs. Another example of technology aiding tea companies, particularly during the coronavirus pandemic, is a partnership between Microsoft Corporation (NASDAQ:MSFT) and tea factories in Sri Lanka.

When the pandemic disrupted in person tea auctions, a Microsoft partner teamed up with the Sri Lanka Tea Board to create an online auction platform. This platform is powered by Microsoft’s Azure Cloud Computing division, and in 2021, it allowed Sri Lankan tea companies to sell a whopping 278 million kilograms of tea to generate $1.2 billion in foreign exchange earnings. Over the long term, the e-Auction platform aims to be able to sell 5 lots per minute, for an auction time of one day. Finally, any discussion of the tea industry would be incomplete without a mention of China – the world’s largest tea producer as highlighted above. Chinese tea production has evolved over time, and from simply using the water wheel for grinding, it has evolved to large scale processing plants that utilize electrification, serialization, automation, and machinery. Currently, Chinese tea companies use cameras to monitor their tea fields, weather stations to understand the environment, solar panels to charge blue light arrays that are turned on at night to scare away insects, and infrared for quality control and impurity reduction.

As far as the global tea industry goes, some of the current and former major players are Tata Consumer Products Limited (NSE:TATACONSUM.NS), DILMAH CEYLON TEA COMPANY PLC (CSE:CTEAN0000.CM), and Barry’s Tea.

Pixabay / Public Domain

Our Methodology

We used data from the World Trade Organization and the United Nations to determine which countries export the most tea. By the way, the number one country that consumes the most tea per person isn’t among the 12 biggest tea exporting countries.

12 Countries that Export the Most Tea in the World

12. Republic of China

Tea Exports in 2021: $113 million

The Republic of China, commonly known as Taiwan, is an island region on the South China sea. It is a disputed territory, which claims independence from China but is yet to be recognized as a nation in global geopolitics. Taiwan exported $113 million of tea in 2021, equaling 8,969 tons. One of Taiwan’s major tea companies is the Taiwan Tea Corporation (TPE:2913.TW). The firm was set up in 1899 and it grows tea on its own organic tea farms, with the firm claiming that it does not use any artificial processes or products for tea production.

11. Russian Federation

Tea Exports in 2021: $115 million

The Russian Federation, or Russia, is Europe’s largest country and a global power in geopolitics. A little known fact about Russia is that tea is a central part of its culture, despite the beverage being traditionally associated with China. Tea made its way to Russia from China as well, and Russian tea is distinct for its smoky flavor attributed to the caravan smoke fires lit up by the traders who transported it to the country in the old days. Some Russian tea companies are the SAZHINSKIY CONFECTIONARY FACTORY, MOSCOW TEA FACTORY LLC, and ORIMI TRADE LLC.

10. United Kingdom of Great Britain and Northern Ireland

Tea Exports in 2021: $135 million

The United Kingdom of Great Britain and Northern Ireland, or simply the U.K., is a prosperous European country that is credited to have popularized tea in the Western world. Tea is considered to be the national drink of Britain, and tea in Britain and Ireland is typically served blended with milk. Green tea was first introduced in the country in the 1600s, with its medicinal properties touted during marketing. British firm Unilever PLC (NYSE:UL) was one of the largest tea companies in the world, before it sold its tea business. Other popular British tea brands and companies are Nambarrie Tea Co. Ltd, Associated British Foods plc (LON:ABF.L), and Ahmad Tea Ltd.

9. Japan

Tea Exports in 2021: $189 million

Japan is an Asian island country that is one of the most prosperous and technologically advanced countries in the world. Tea dates back to the 8th century in the country, and it was originally a drink consumed by the religious class. There are several different kinds of teas consumed in Japan. The most popular Japanese tea is Matcha, which is produced in the dark for a distinct color and flavor. Other types are Sencha, Sobacha, and Genmaicha. Some of Japan’s largest tea companies are Ito En, Ltd. (TYO:2593.T), Harada Tea Processing Co., Ltd., and Fukujuen CO.,LTD.

8. Socialist Republic of Vietnam

Tea Exports in 2021: $204 million

The Socialist Republic of Vietnam is a Southeast Asian country. Several different types of teas are present in the country, including green tea, jasmine tea, bud tea, artichoke tea, kuding tea, and lotus tea. Out of these, lotus tea is a Vietnamese specialty and is produced by placing green tea leaves inside the lotus flower for a distinct aroma. Some large Vietnamese tea companies are Lam Dong Tea Joint Stock Company and Vietnam National Tea Corporation (Vinatea). This variety of different teas also makes Vietnam one of the largest tea exporters on the planet.

7. Federal Republic of Germany

Tea Exports in 2021: $242 million

The Federal Republic of Germany is Europe’s largest economy and a global power in geopolitics. Tea is one of the more popular beverages in the country, alongside coffee. Tea is a popular Christmas gift in Germany, and some popular types in the country are black tea (Schwarztee), fruit tea (Fruchttee), and Camomile (Kamillentee). Among Germany’s top tea companies are J. Bünting Teehandelshaus GmbH & Comp., Martin Bauer GmbH & Co. KG, and Teekanne GmbH & Co. KG.

6. Republic of Poland

Tea Exports in 2021: $262 million

The Republic of Poland is a Central European country with a high GDP per capita of $42,466. Poles drink at least half a kilogram of tea per capita annually, and there are several different kinds of beverage present in the country. Tea was initially popularized in Poland for its health benefits. As opposed to the British who serve their tea with milk, the most popular tea in the country is the Herbata, which is typically served with lemon and sugar. Several global tea brands such as Twinings and Teekane have their factories in Poland, and the country is also one of the world’s largest tea exporters.

Click to continue reading and see 5 Countries that Export the Most Tea in the World.

Suggested Articles:

Disclosure: None. 12 Countries that Export the Most Tea in the World is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • Lifetime Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…