Monday, April 14, 2008

Will we run out of tea?

In 2006, world tea production is 3.6 million tons, however consumption in 2006 is 3.64 million tons world wide, assuming the extra 40k tons of teas were reserves from previous years. If the trend continues, will we run out of teas to buy? Nooooo!

In 2007, world wide tea production increased by 3%, however consumption increased only 1%. Supply and demand will correct itself.

2 comments:

furinae said...

You say, production incease by 3% but what about quality ?

Imen said...

Furinae,

Quality is difficult to measure annually. The weather condition plays a major role in quality. Since tea producing areas are wide spread, there will be good crops and not so great crops, it also varies by seasons as well.

I don't have an answer to that and I don't think any one has one either.