22.3 C
Guwahati
Friday, March 29, 2024

Tea Exports Rise In First Seven Months Of 2022

- Advertisement -
- Advertisement -

Kolkata, Sept 28: Tea exports during the period January to July in the calendar year 2022 have touched 116.36 million kg as compared to 103.38 million kg in the same period of 2021.

According to Tea Board data, exports to the largest importing block, the CIS countries, remained almost stagnant at 25.20 million kg as against 24.98 million kg in the first seven months of 2021.

- Advertisement -

Tea industry sources said that exports were around same level because of the armed conflict between Russia and Ukraine which had caused serious shipment problems for sending the beverage.

 

Russia had been the largest importer among the CIS block with the country lifting 18.55 million kg in the current seven months as against 19.11 million kg in the previous similar period.

Tea Board sources said the container crisis and high ocean freight had affected exports to Russia.

- Advertisement -

 

UAE emerged as a large importer at 19.14 million kg during January to July 2022, up from 8.07 million kg in the similar previous period of 2021.

Exports to Iran were also almost stagnant at 13.99 million kg in the first seven months, as compared to 13.04 million kg in the same period of 2021.

According to Tea Board sources, payments problem for exporting to Iran has affected exports, adding that trade in rupee with Iran will help in mitigating the problem to a large extent.

- Advertisement -

 

Exports to Sri Lanka, troubled by the economic crisis, doubled to 1.65 million kg from 0.87 million kg in the first seven months of 2021.

Unit price realisation by the tea exporters also remained stagnant at Rs 271.89 per kg as compared to Rs 272.51 per kg in the first seven months of 2021. (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 -
12 Jyotirlingas in India You Should Visit Once in a Lifetime 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