Business Environment Essay Example | Topics and Well Written Essays - 4000 words

Business Environment - Essay ExampleThat is on a rough estimate from 2.1 to 3.1 million tones. At the uniform time world performance of green tea is expected to grow at a faster rate of around 4.5 percent on an annual basis for the next tenner grades. During this time FAO expects that tea production would outstrip the consumption part (Agritrade, 2009).Tea is basically grown in thirty six tropical and semitropical nations. twenty dollar bill one of these are from the ACP region. The first six biggest producer countries include China, India, Kenya, Sri Lanka, Indonesia and turkey in that respect. This group accounts for eighty percent of the global output. However, it is only less than fractional of the production which is exported. This is because China and India are major consumers of their own productions.Since the period of 1993-95, global tea production has grown by around two percent. At the same time, consumption in Western states has less than matched this growth by only increasing by a one percentage upward move. In the course of instruction 2007, the world tea consumption was on a virtual stagnation point. The increase was quite minimal rising from 3.649 to 3.668 million tones on the basis of the year before. However, in a number of developing countries, the production pace has matched the consumption rate or in other states. In other cases it has fallen unmindful of consumption demands. In this period, Chinas consumption overtook that of India as a result of a thirteen point six percentage increase. It is also worthful mentioning that the United Kingdom purchases roughly half of the consumption of the European segment (Agritrade, 2009).The global production of tea witnessed a 2.3 percent growth rate in the year 2007 which saw production levels hit the 3.7 million tones level. It is the Chinese production that accounted for thirty point six percent of the total production, closely followed