Sipping tea has long been an integral part of everyday life from Asia to the UK and beyond.
The refreshing beverage has become so popular that it is now second only to the most essential of drinks - water.
The English think they have a long relationship with tea because they have been drinking it at all hours of the day for 350 years. But their association with the drink pales next to China, where tea has been brewed up since at least 2737BC, according to legend.
The story goes that Emperor Shen Nun was sitting beneath a tree when some leaves blew into the water his servant was boiling. The emperor tried the accidental concoction and liked it.
Perhaps because of this long history, tea has an image of a traditional brew, one for the older generation, while younger consumers look to energy drinks and soda.
While this image has served tea well for centuries, producers are now looking to revamp its image and corner a fresh market.
"That is what tea has been in the past. And that is the position that tea has taken because we all grew up seeing tea as belonging to the old category," says Sicily Kariuki, the managing director of the Tea Board of Kenya, during a visit to the latest Dubai Tea Forum.
"We are now pushing tea as a youthful, romantic, available drink."
After watching the makeover for its sister beverage, coffee, from a simple brew to a drink blended and frothed into fancy macchiatos and lattes, and pulling in Dh20 (US$5.45) or more a serving, tea is looking to get into the game.
To spark this, tea has been increasingly marketed as a health drink, from green tea providing antioxidants to camomile for its healing properties, to blends with specific health benefits such as easing digestion, says Judith Ganes-Chase, the president of J Ganes consulting based in New York.
Trendy tea houses have also started popping up in North America and Europe, mimicking the success of coffee houses in Seattle, such as Starbucks.
These premium categories of tea helped drive growth in consumption up to the end of 2008, but this slowed last year, the research firm Euromonitor says. The consumption of tea last year grew between a modest 2 per cent and 2.5 per cent to about 3.7 million tonnes, says Manuja Peiris, the chief executive of the International Tea Committee, which is based in the UK.
But the growth does not come from the lucrative markets in the West, he says during a visit to Dubai.
"There is no growth in Europe, the real growth is in Asia and Africa where tea is concerned."
And in the Middle East.
Residents of the Middle East consume more tea per capita each year than anywhere else in the world, says Mr Peiris. Last year, the average tea drinker in the region drank 1.33kg, compared with the worldwide average of 530 grams, he says. The second-biggest consuming region is the Commonwealth of Independent States (CIS), which includes Kyrgyzstan and Uzbekistan, he says.
In the UAE, total sales of tea were 4,472 tonnes last year, up by 9 per cent from the previous year, according to Euromonitor.
Perhaps this is why Dubai is aiming to be a hub of the tea trade. The Dubai Multi Commodities Centre established the Dubai Tea Trading Centre (DTTC) in Jebel Ali, which aspires to serve up tea to the roughly 1.5 billion people across these regions.
"Geographically, it has got the best location," says Mr Peiris. "It has worked very well. If you take the Middle East and the CIS, which are two of the biggest tea consuming regions in the world, then it is obvious why it has become a hub."
The trading volume of the centre, whose biggest trading partners are Sri Lanka, India and Kenya, rose 26.5 per cent last year to a record 7.5 million kg. Total tea trade through the emirate, however, fell 24 per cent last year to 112.3 million kg, from 148.6 million kg in 2008.
The drop stemmed from a global shortage of tea due to lacklustre weather in the big producing countries, says Sanjay Sethi, the director of the DTTC.
"The reason for the reduction is primarily because of the shortage in crop in Sri Lanka and India," he says.
Tea stocks were lowest during the first eight months of last year, but producers made up for it in the last few months, he says.
The lag in production pushed some tea trades into this year, he says.
"By the time the tea flowed into Dubai, [the trade] will probably fall into this year."
The weather patterns so far this year are pointing to healthier crops, producers say. And the DTTC is adding facilities, such as a Dh13 million envelope-and-tag printing facility for tea, aiming to draw more trade, Mr Sethi says.
However, the tea industry will have to make a joint push to change the perception of the beverage to get more consumers drinking.
Ms Ganes-Chase says tea is facing steep competition from other drinks.
Water has gone well beyond just the standard Evian or Arwa, to being infused with flavours and vitamins, such as Masafi's water with a hint of jasmine. Energy drinks, from Red Bull to Power Horse, are also flooding the scene, she adds. Red Bull, in particular, is attracting young consumers with its savvy marketing, such as sponsoring the recent Red Bull Air Race on the Abu Dhabi Corniche.
"Speciality teas are evolving in a very similar manner," she says. "But it is probably not quite as organised as the speciality coffee trends that we have on a global basis."
Tea producers are also hoping that technology will help to make their brews quicker, so consumers can grab their cup of tea and go, rather than something to be made leisurely.
"There needs to be investment in technology to help tea to be more available than it is now," says Mrs Kariuki.
"You haven't seen vending machines, like you have for coffee, you haven't seen a lot of tea being taken out of the home. Tea is seen as a traditional home drink."
aligaya@thenational.ae
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Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
Generation Start-up: Awok company profile
Started: 2013
Founder: Ulugbek Yuldashev
Sector: e-commerce
Size: 600 plus
Stage: still in talks with VCs
Principal Investors: self-financed by founder
Cinco in numbers
Dh3.7 million
The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown
46
The number, in kilograms, that Swarovski’s wedding gown weighed.
1,000
The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]
50
How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday
3,000
The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.
1.1 million
The number of followers that Michael Cinco’s Instagram account has garnered.
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
Tree of Hell
Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla
Director: Raed Zeno
Rating: 4/5
What should do investors do now?
What does the S&P 500's new all-time high mean for the average investor?
Should I be euphoric?
No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.
So what happened?
It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.
"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."
Should I buy? Should I sell?
Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.
"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.
All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.
Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.
Will the rally last?
No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.
"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."
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COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
The burning issue
The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.
Read part four: an affection for classic cars lives on
Read part three: the age of the electric vehicle begins
Read part one: how cars came to the UAE
The specs
Engine: 1.6-litre 4-cyl turbo
Power: 217hp at 5,750rpm
Torque: 300Nm at 1,900rpm
Transmission: eight-speed auto
Price: from Dh130,000
On sale: now