You’re Stuck at Home, Drinking a Ton of Tea—and Prices Are Rising

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People around the world are cooped up and they’re drinking more tea, but supplies are tightening and prices are on the rise

have led more people to reach for cups of tea, which is consumed in larger amounts world-wide than any drink other than water. But supplies of tea leaves are tightening, due to bad weather in some producer countries, labor shortages, port closures and other logistical issues.

Prices of wholesale tea leaves have jumped 50% since March, when they tumbled to their lowest levels in more than a decade due to oversupply. At $3.16 a kilogram recently, they are at levels last seen in November 2017, according to World Bank data. Some of the increase has started to lift store prices in the U.S. Prices of so-called liquid tea, which is typically sold as bottled concentrate, have on average increased 9.6% from a year earlier, while prices for packaged tea—sold in tea bags—have risen 1.7%, according to Nielsen, a market research firm. Prices of ready-to-drink tea, which comes already prepared in bottles, cans or packets, have been stable.

“This is largely a supply driven event,” said El Mamoun Amrouk, economist in the raw materials and tropical products team at the Food and Agriculture Organization of the United Nations. The FAO previously warned that climate change is threatening the limited agro-ecological area required for tea production, while global consumption is growing as more people believe in the antioxidant properties and other health benefits of tea.

 

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I grow my own, don’t need theirs

If you surface the stockpiles the price will go down and speculation will stop.

If tea does not consider dual purpose warfare, Iran produce finest variety of teas in the world. Due to well suited climate, there is no need for any pesticide or any fertilizer. This is a beautiful Persian tea flower.

The stock there are nice and fresh looking. But why the much expensive

RomneySmith

And here in Kenya, tea farmers are paid as low as 3 dollars per kg made tea. Anyone from USA dealing with direct sales to get in touch with me.

I've been drinking leess honestly lol but tea might be a drug :)

Tea is ok maybe

Coffee is Depressed after Loosing Ground To Tea .It is Not Easy To loose Number One Position . CNNTravel BBC CGTNOfficial LeaFgomesrj harijati Hina__Rang Shadow135Simmi

This should definitely translate to more 💰 in farmer's pockets esp in Kenya given it's the world's largest producer KTDATea

But the salary will be raised for the tea harvesting workers!

I drink coffee so ... 🤪🥱

It's a good thing I prefer a cup of coffee.

The world’s most popular beverage should be diet Dr Pepper

I can’t say I believe this. Drink wine I guess.

Tea is great but after the endless front page Russia hoax articles you did, when are you going to do an article on the breaking news that the primary source of the Steele Dossier was a Russian agent?

Pure speculation , if we calculate the stockpiles of tea worldwide the tea price should reduce not increase.

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bbc

Why!?

Time to listen to all those doctors who advise us to cut back on tea or coffee

Meh

lost_potatoes fuck

I didn't hoard toilet paper I didn't hoard flour I didn't hoard hand sanitizer But I will hoard tea!

Hit em in the soybean hole, even the odds.

And here I thought I had way too much tea in the house

I was wondering about this. We don't drink a lot of hot tea, but I did finally run out, so there I was at the grocery store, and no single tea bags of normal black tea or orange pekoe, just the green tea and weird herbal stuff. I just wanted some Red Rose, Tetley, Lipton, etc.

Good!those farmers work hard to get you tea

AdagioTeas You must surely check them out🧐 Not even realDonaldTrump can stop MY tea DELIVERY!!! 🇺🇸🇺🇸 KnowYourTeaFarmers

This is literally written for liberal white women lmfao

We know who's behind this

Dang maybe it’s time to re-evaluate my drinking habits. I finally kicked the coffee habit and settled for good old earl grey.

Oh give me a break. The one thing I have left to do stuck at home is drink sweet tea and now I can't even afford that? Holy crap🙄

Good thing I live in America & drink hot Budweiser! 🍻

HijabShah i'm big upset

...Fuck Cup of tea right next to me, right now 💀 I got most of this stash pre-pandemic! Leave me alone! 😂

Lucy_Craymer Excellent article, very interesting. May I suggest you look into YauponAsiTeaCo. They’re revolutionizing the tea supply chain. kyleaustinwhite

🥺

I need my PGtips all day every day 🇬🇧

Grandma after hearing this malarkey:

Fixed that for you.

FighterBritney we drink tea during quarantea

Not seeing that here. We have a tidy supply to begin with and just found a nice local tea supplier cheaper than our normal.

Times like these make me glad I keep stocked up and store all of my bagged tea in a large Tupperware container. 👍👍

TEA ? My local alcohol & wine retailers tell me they are having one of their best years. AA 2021 ?

Wait we're drinking tea during quarantine? lol oops

I'd love to Retweet this article but it's behind a paywall.

Nooooo! I must have my Irish Breakfast Tea... all day.

does anyone know if this includes monster energy drinks? i have been chugging those

The prices are not rising...the dollar is worth-less 👻

Thanks but sadly in Kenya the big question is are prices reflected in pockets of small scale farmers? We pray tea reforms directed by President StateHouseKenya & bn implemented by Cabinet Secretary PeterMunya wil yield better results. NziokaWaita johnKamau1 wnyakera

Upon a cursory look, I thought the slave master had been sneaking back of the pigpen and into the slave quarters having his ways with the women. Then, I realized one was merely wearing a light shirt. Mo tea sir!

😊

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hksk2007

Oh geez... I quit drinking beer, replaced it with tea and altered the global market.

This is my fault. I’m so sorry. I recently switched to tea from coffee and I’m having a few dozens cups a day just to get a buzz..

Here in america we are drinking more achohol! Have you heard this low iq trump talk? America has become a joke!

But definitely not Chinese tea.

Arre ab garib ko Chaye to peene do yar 😕😕😕

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