Report on tea exports and imports
The most recent data from the China Tea Marketing Association and the US Census Bureau (GATS) was recently published regarding China exports and US imports of tea for January 2021.
Data on China exports had not been released at time of publication.
Firsd Tea and other tea importers continue to see shipping delays created by Shipageddon. Ocean freight rates are currently 2-4 times higher than average, and ships are waiting 5 or more days off parts of the West Coast before being cleared to enter ports and unload. These impacts are affecting both pricing and delivery schedules. Please contact your Firsd Tea representative to learn more.
New areas of tea production are increasing their yields while more familiar tea provinces experience flatter growth or declines