India’s tea exports in the first four months of current calendar have increased on both volume and value fronts.
According to the Tea Board, a volume of 67.18 million kg (mkg) of tea was exported from January to April against 63.19 mkg in the same months of 2015. This marked a growth of 6.31 per cent.
Interestingly, more volume could be shipped despite a rise in price due to improved demand for Indian teas.
The average price of exported tea rose to ₹181.82 a kg from ₹172.24, marking an increase of 5.56 per cent.
Consequently, the overall earnings from exports rose to ₹1,221.46 crore from ₹1,088.40 crore, marking a growth of 12.23 per cent.
Of this, North India exported 38.16 mkg (Jan-Apr 2015: 33.81 mkg) of tea valued at ₹806.01 crore (₹700.21 crore) with the average price of ₹211.22 a kg (₹207.10).
There was slight drop in the volume shipped from South India. South India exported 29.02 mkg (29.38 mkg) of tea valued at ₹415.45 crore (₹388.19 crore) with the average price of ₹143.16 a kg (₹132.13).
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.