Tea market size of China 2016-2024

Published by
Xin Ou,
Nov 28, 2024

In 2023, the tea market in China experienced significant growth, with the market size reaching over 618 billion yuan. Furthermore, it was estimated that this upward trend will continue, with the market reaching a value of nearly 665 billion yuan in 2024.

Tea market size in China from 2016 to 2023, with an estimate for 2024 (in billion yuan)

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Release date

May 2024

Region

China

Survey time period

2016 to 2023

Supplementary notes

*Estimate.

One yuan equals to approximately 0.14 U.S. dollars and 0.13 euros (as of November 2024).

Figures for earlier periods were taken from previous publications.

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