tea in india demand and supply

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Page 1: Tea in india demand and supply
Page 2: Tea in india demand and supply

Demand And Supply

• Demand is Significant & Ever rising .• The demand is relatively price inelastic.• Fierce competition in the market.

Top Five Tea Consuming Countries

India23%

China16%

Russia / CIS6%

U K 6%

Japan5%

Others44%

Top Five Tea Producing Countries

Sri Lanka9%

Kenya10%

Indonesia5%

China21%

India30%Others

25%

• The supply of tea has always been greater than the demand.• Tea is basically a non competitive or a independents

commodity.

Page 3: Tea in india demand and supply

Factors Affecting Demand And Supply

Demand• Goods own price• Price of related goods• Personal disposable income• Taste or preferences• Consumer expectations about future price and income.

Supply• Conditions of production• Expectations• Price of inputs• Number of suppliers• Government policies and regulations

Page 4: Tea in india demand and supply

Price fluctuations