A presentation at the May 2015 World Tea Expo by Howard Telford, Euromonitor International’s senior beverages analyst, stated that the US is the fourth largest tea market in the world based on retail value. Though the US isn’t even among the top ten tea-consuming countries in terms of retail volume according to Euromonitor, it enjoys the fourth position based on the sector’s retail value of $2.4 billion in 2014.

The top three tea markets in terms of retail value in 2014 were China, Russia, and Japan with market values of $9.7 billion, $4.0 billion, and $3.5 billion, respectively.