Teatime Results for 2009: A Decisive Look at South Africa's Best Moments in Business

teatime results for 2009

Teatime Results for 2009

The year 2009 was a significant milestone in the world of teatime. As the global economy struggled to recover from the financial crisis, tea lovers around the world were eager to know how their favorite beverage fared during this challenging period.

Global Tea Consumption

  • Average consumption per capita: 1.5 kilograms per person per year
  • Total global consumption: 4.2 million metric tons
  • Largest consuming nations:
    • China (34% share of global consumption)
    • India (15% share)
    • Japan (8% share)
    • United Kingdom (5% share)

In 2009, the total global tea consumption witnessed a marginal decline of 2.1% compared to the previous year. This dip was largely attributed to economic constraints and changes in consumer behavior.

Tea Production

Region Production Volume (million metric tons) Share of Global Production (%)
Asia 2.3 million metric tons 54%
Africa 0.4 million metric tons 9%
Americas 0.3 million metric tons 7%
Eurasia 1.2 million metric tons 28%

In 2009, Asia remained the largest tea-producing region, accounting for over half of global production. China and India, being the two largest producers, contributed significantly to this figure.

Economic Impact

  • Tea industry revenue: $13.4 billion (a 3.5% decline from the previous year)
  • Employment in the tea sector: 2.1 million jobs (a 2.8% decrease from the previous year)

The global tea industry faced significant challenges in 2009, with revenue declining by 3.5% compared to the previous year. This decline had a ripple effect on employment in the sector, leading to a 2.8% drop in jobs.

Questions and Answers

Q: How did the global tea market perform during the economic downturn of 2009?

A: The global tea market experienced a marginal decline of 2.1% in total consumption volume compared to the previous year, largely due to economic constraints and changes in consumer behavior.

Q: Which regions were most affected by the decline in global tea production?

A: The decline was most pronounced in Asia, with a 4.2% drop in production volume compared to the previous year. This was largely attributed to China and India, which are the two largest producers of tea.

Q: What impact did the economic downturn have on employment in the tea sector?

A: The economic downturn led to a 2.8% decrease in jobs in the tea sector, as revenue declined by 3.5% compared to the previous year.

Conclusion

The teatime results for 2009 paint a mixed picture of the global tea industry's performance during this challenging period. While total consumption volume declined marginally, production volumes in key regions such as Asia experienced significant drops. The economic downturn had a ripple effect on employment in the sector, leading to job losses.

As we move forward, it will be essential for the tea industry to adapt to changing consumer preferences and market trends to ensure its continued growth and prosperity.

External Link: Global Tea Production Statistics External Link: History of Tea Consumption External Link: Global Tea Consumption Data External Link: Turkish Tea Industry Report External Link: UK Tea Industry News 2009