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Tea.

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by

Anastasia Zobnina

on 15 November 2013

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Transcript of Tea.

Production process
Importers
Producers
by Anastasia Zobnina
Tea.
Camellia plant
+
=
Camellia sinensis is an evergreen
plant that grows mainly in tropical
and subtropical climates.
Exporters

RANK COUNTRY EXPORT VALUE 1000 US$
1 Sri Lanka 1,476,881
2 China, mainland 965,080
3 India 867,143
4 Kenya 858,250
5 United Kingdom 262,959
6 Germany 229,383
7 Viet Nam 204,018
8 United Arab Emirates 191,814
9 Indonesia 166,717
10 Poland 139,393

WORLD TOP 10: HIGHEST TEA EXPORTS IN THE WORLD
There are 4 types of tea.
black
white
green
yellow
Tea market
Causes of change in price:

-excess supply,due to good climate etc.

-changes in production eg. shortages of labour.
-changes in supply,which would lead to less supply,which in turn would lead to an increase
in the price of tea.
Substitutes for tea are coffee,hot chocolate,or even ice tea.
Compliment for tea is...
thank you!!!
PED-price elasticity of demand.
PED
Example:

Price on tea rises by 24%,demand falls by 4%

-4% / 24$ = 0,2. PED is inelastic.
YED-income elasticity of demand
XED-cross elasticity of demand
XED
YED
Example:

price of tea rises by 15%,demand of coffee rises by 15%

15% / 15% = 1. It is positive,means it is a substitute.
definition of tea
Rise
Fall
Example:

income rises by 15%,demand of tea rises by 0%
0% / 15% = 0. normal good
Full transcript