IndexBox has just published a new report: ‘EU – Tea – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.
In 2019, the EU tea market decreased by -5.1% to 214K tonnes, slipping back slightly from the previous year.
The reporter recently learned from relevant parties that the Council of the European Union made a decision on July 20 local time to authorize the formal signing of the China-EU Geographical Indication Agreement.
Agricultural land accounts for 40% of total EU. But the growing population and increasing urbanisation are slowing eating into the fertile agricultural lands. In recent decades, Europe has decreased the total area used for agriculture while increasing yields.
The global spread of the epidemic may make Chinese consumers who love imported food much less fun.