28 C
Guwahati
Thursday, March 28, 2024

India Likely To Fill Up Vacuum Created By Sri Lankan Tea Output Fall: Tea Association Of India

- Advertisement -
- Advertisement -

KOLKATA, Sept 14: With Sri Lanka witnessing a fall in tea production, India is likely to fill up the vacuum created by the island nation, the Tea Association of India (TAI) said.

TAI secretary general P K Bhattacharya said this is reflected by price rise of the orthodox variety produced by Indian tea planters, with auction realisation increasing sharply by about Rs 75 to Rs 100 per kg.

- Advertisement -

India produces around 110-120 million kg of orthodox tea annually, as against the normal Sri Lanka produce of 300 million kg

 

The economic crisis in Sri Lanka has caused the fall in its orthodox tea production, he said.

TAI said that till July 2022, the production of orthodox tea in Sri Lanka fell by around 19 per cent as against the corresponding period of 2021.

- Advertisement -

Bhattacharya told PTI if the present trend continues, Sri Lanka could end up with a fall in production of around 100 million kg of orthodox tea, and the resultant vacuum is likely to be met by the Indian producers.

 

Indian exporters have also been able to tap the markets in UAE and Iran, which are major orthodox tea consumers.

Rise in exports of Indian tea till July 2022 was around nine per cent, and total shipments during the year could be 200 million kg, TAI said.

- Advertisement -

UAE is a major consumer of Indian tea after the CIS countries — importing 15.86 million kg during January-June as against 6.76 million kg in the year-ago period.

 

Exports to Iran were 11.43 million kg in the reporting period compared to 10.04 million kg in the corresponding 2021 period, as per Tea Board data. (PTI)

- Advertisement -
The Hills Times
The Hills Timeshttps://www.thehillstimes.in/
The Hills Times, a largely circulated English daily published from Diphu and printed in Guwahati, having vast readership in hills districts of Assam, and neighbouring Nagaland, Meghalaya, Arunachal Pradesh and Manipur.
Latest news
- Advertisement -
Related news
- Advertisement -
10 Amazing Places to Visit in South India 8 Types Of South Indian Chutneys One Needs To Try South Films That Were Remade in International Languages 10 Vegetables That Can Beat Eggs In Providing Protein 8 Animals That Live Far Away From Water