Tea Market
To read all this essay and more Visit Coursework.info
Below is a short sample of the document. Visit Coursework.info for the full version.
... hand has decreased by 2.1% in 1999, to reach a volume of 115 million-kg.
Market Volume Kg m % Growth 1995 113.3 1996 114.7 1.2% 1997 119.7 4.4% 1998 117.2 -2.1% 1999 114.7 -2.1% 2000e 117.5 2.4% CAGR, 1995-1999: 0.3%
The shortage is usually down to a sudden increase in demand, this can occur if the coffee market has a poor year and harvesting prices would increase due to coffee beans shortages. Consumers would therefore react to this price rise by substituting tea for coffee. Another factor that could cause shortages is natural disasters. Most of the tea around the world is gr ...
