Shipment company

Tea exports fall by 6.8% to 195.5 million kg in CY2021, value of shipments remains stable

Tea exports in the 12 months of 2021 fell slightly to 195.50 million kilograms from 209.72 million kilograms in the previous similar period, according to the latest Tea Board data.

The value of tea exports remained almost the same over the past 12 months, which stood at Rs 5,246.89 crore compared to Rs 5,235.29 crore in the same corresponding period of 2020.

The CIS bloc remained the largest importer of Indian tea, with 44.57 million kg, down from 51.63 million kg in the 12 months of the previous calendar year. Among the CIS bloc, Russia was the biggest buyer with 34.09 million kg.

Iran was the second largest importer after the CIS countries. Iran imported 26.18 million kg of tea in the last calendar year, compared to 33.75 million kg in the previous similar period of 2020.

The United States and the United Arab Emirates imported 14.26 million kg and 17.08 million kg respectively in the last calendar year, followed by the United Kingdom and Germany with 9.99 million respectively. kg and 9.35 million kg.

China also imported volumes of 5.76 million kg compared to 11.44 million kg in calendar year 2020.

According to tea industry sources, imports have declined mainly due to shortage of shipping containers and high sea freight.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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