Report of China green and black tea exports and US imports for January - June 2020
August numbers for China tea exports and US tea imports under HS codes 0902 show declines:
Data from the China Tea Marketing Association reveals a 20.4% decrease in exports over the previous August.
US Census Bureau statistics released show import volumes are also down:
US import volumes are down 30.5% for the year, and down 28.7% vs August 2019:
New areas of tea production are increasing their yields while more familiar tea provinces experience flatter growth or declines
The US tea market has plenty of room for further growth, but won't be more of the same