There is a global shortage of this beloved hot drink
More than half of the Americans drink it daily.
We have treated staple shortages asMeat,toilet paper, and evencoins This year. And just as we have recovered to these, we can begin to notice the supplies of another beloved staple that also decreases, thanks to all the ways of this pandemic with our global food supply. According toWall Street newspaper,A global shortage of tea leaves Currently threatens millions of people of peoples to reach their daily cup. (For more information on food and beverage shortages, check8 groceries who can soon be in the short diet.)
Tea is consumed in larger quantities than any other drink in the world (in addition to the water), which has been even more so during the pandemic, when many of us work from home and generally spend more Isolated time.
Other factors contributing to the shortage and subsequent price increases are climate-related factors in countries that are the largest producers of tea, such as India and China, as well as logistical nocheses of the chain. Global supply caused by the pandemic.
Back in March, tea producers concerned the opposite problem - an excess supply of bulk tea leaves that brought prices. But since March, wholesale prices jumped by 50%, which translates intoAverage consumer prices increase by 9.6% for liquid tea concentrate and 1.7% for tea bags, According to the Nielsen market research firm. However, the prices of teas in ready-to-drink bottles remained stable.
In the United States, more than half of the population drinks tea daily, which means that it takes at least 150 million cups of tea to feed our habit. (To verifyWhat happens to your body if you drink tea every day.) Black tea is particularly popular because it replaces the coffee with the millions of health consumer, especially millennia. Because the pandemic has severelyImpacted our breakfast habitsWe now buy more tea to the grocery store instead of ordering it from cafes and driving.
The Wall Street Journal indicates that some industry analysts are optimistic that the shortage is short-lived because the production of tea begins to take the way in countries like Sri Lanka and Kenya, who are also responsible for a large part of the production of global tea. And with increased production, prices should start stabilizing.
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