Tea & Tokyo

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The 2026 Matcha Shortage: Why Prices Jumped and How to Buy Without Overpaying

If your favorite matcha has been sold out for weeks, or came back at a noticeably higher price, you're seeing the result of a supply squeeze that started in 2024 and hasn't eased. Demand for matcha outside Japan grew faster than Japanese farms can grow and mill it, and the raw leaf behind matcha has been selling at record prices in Japan.

This guide explains what's driving it, what's known about 2026, and how to keep buying good matcha without overpaying. Research-based; we cite where figures come from and note where sources disagree. Last checked: October 2026.

What happened, in short

What's known about 2026 prices

Tea in Japan is mostly sold at regional wholesale markets and auctions, and tencha prices there are the best early signal. Several industry reports from 2026 agree on the direction, though their exact numbers differ:

We've given ranges rather than a single figure because the sources (mainly trade and retailer reports) differ by a few percent and use different definitions. The direction is not in dispute: raw tencha costs much more than it did two years ago. Several industry observers expect tight supply to continue into 2027.

What this means when you shop

How to keep drinking good matcha without overpaying

  1. Match the grade to the use. The biggest saving. Use a good culinary or "latte" grade for lattes, and save first-harvest matcha for drinking with water. Our grades guide explains the difference and why the word "ceremonial" alone tells you little.
  2. Buy smaller tins more often. Matcha fades within weeks of opening. A 30 g tin you finish is better value than a 100 g bag that goes dull.
  3. Look at Kagoshima, Nishio and Shizuoka matcha, not only Uji. "Uji" carries a premium. Matcha from other Japanese regions can be excellent and is often easier to find in stock.
  4. Try hojicha for some of your lattes. Roasted hojicha powder makes a toasty, low-bitterness latte and is far less affected by the tencha squeeze. See our guide to Japanese green tea types.
  5. Use a little less, made well. Sifting, the right water temperature and proper whisking get more flavor out of 2 g than careless preparation gets out of 4 g. Our home preparation guide covers it.
  6. Avoid resellers charging above list price. Restocks are frequent; markups usually aren't worth it.

Where to look for stock

US-based brands that source from Japan, such as Jade Leaf, Matcha Source, Tenzo and Nippon Matcha, tend to have steadier stock of everyday grades. Kyoto houses like Ippodo and Marukyu Koyamaen remain the benchmark for top grades but have the most frequent sell-outs and purchase limits. Japan-based SEN ships internationally. Prices change frequently in this market; check the current listing before you decide.

Will prices come down?

Not quickly. New tea fields take years to mature, and converting fields to shaded tencha takes investment and labor that Japan's tea sector is short of. Some farms are expanding tencha production, and more leaf is being shifted to matcha, which should ease supply over a few harvests. But as long as overseas demand keeps growing, expect higher prices than before 2024 to be the new normal for good matcha. We'll update this guide as 2027 harvest data comes in.

Sources and notes. US retail sales growth (NIQ) and importer price increases: Associated Press, September 2025. 2026 tencha prices and market conditions: Japanese tea industry and trade reports published May to September 2026, which differ in exact figures; we report ranges. Ippodo purchase limits: the company's own store notices since 2025. Tariff: US tariff on Japanese imports in effect since 2025. This article contains no health claims and is not investment advice.