Demand shifted towards more expensive segments
On the HUF 13 billion annual tea market retail trends differ from the general trend: consumers are not trying to economise. In May 2009-April 2010 tea retail sales grew by 9 percent in value, while volume sales decreased by 2 percent. Consumers buy more from more expensive teas, herbal and green teas expanded their market share and their absolute sales augmented too. The biggest and at the same time the cheapest segment is traditional black tea, which lost 1 percentage point of its market share.
Related news
More related news >
Related news
Every sip is a new chapter – the BB wine and champagne family is completely renewed and takes the next level
By analyzing and rethinking every stage of winemaking, the Balatonboglár-based…
Read more >NGM: decisions have already been made on the development plans of more than fifty companies in the Demján Sándor Capital Program
Despite pressure from Brussels, the government is doing everything it…
Read more >Budapest among the world’s 50 most innovative cities
Budapest has been named one of the world’s 50 most…
Read more >