21st Mar 2019 - 06:00
Image
Abstract
Organisers of National Tea Day have said that “one potential upside” ofBrexit could be that a cup of tea is about to get cheaper.
Director of insights Marco Geraghty said: “It is no secret that tea leaves are mostly sourced from countries outside of the E.U. such as India, China and Kenya.
“With imports to the E.U. currently subject to a tariff amounting to between 5.6% and 11.5%, Brexit could mean less cost for importers and therefore a reduced cost for tea drinkers.”
However, he does warn that some blends could get more expensive, as “the supply chain of each tea varies a lot” and processing and packaging is often done in countries within the E.U.
The news comes as National Tea Day fast approaches on 21 April.