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Tea exports fall in first 11 months of 2019

For the period January to November 2019, tea exports stood at 227.71 million kg as compared to 231.36 million kg during the same period in 2018.

Tea exports
Tea exports
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Published : Jan 3, 2020, 11:21 PM IST

Kolkata: Exports of tea during the first 11 months of 2019 has seen a marginal decline compared to the same period in 2018 although the value realisation has been higher, according to Tea Board data.

For the period January to November 2019, tea exports stood at 227.71 million kg as compared to 231.36 million kg during the same period in 2018.

Tea Board deputy chairman Arun Kumar Ray told PTI "exports have seen a marginal decline in the first 11 months of 2019 as compared to the same period in 2018. But value realisation has been higher in 2019".

He said, "compared to the overall export scenario of the country, the tea sector has not done very badly in terms of value realisation".

During January to November 2019, value realisation from tea exports stood at Rs 3,740 crore as compared to Rs 3,537 crore in 2018.

The major export destinations were the CIS countries which saw an offtake of 52.80 million kg last year which was lower than 56.59 million kg in the first 11 months of 2018.

Iran was a major export destination of Indian tea after CIS countries.

Exports to Iran during the period January to November 2019 stood at 50.43 million kg against 27.41 million kg in 2018.

Offtake by China increased to 12.02 million kg as against 9.2 million kg in 2018.

Exports to Pakistan dipped steeply to 6.23 million kg in the first 11 months of 2019 from 14.56 million kg in 2018.

While offtake by the US has increased in 2019 till November, exports to the UK saw a dip during the year from 2018.

Read more: Adani Ports to acquire 75% stake in Krishnapatnam Port Company

Kolkata: Exports of tea during the first 11 months of 2019 has seen a marginal decline compared to the same period in 2018 although the value realisation has been higher, according to Tea Board data.

For the period January to November 2019, tea exports stood at 227.71 million kg as compared to 231.36 million kg during the same period in 2018.

Tea Board deputy chairman Arun Kumar Ray told PTI "exports have seen a marginal decline in the first 11 months of 2019 as compared to the same period in 2018. But value realisation has been higher in 2019".

He said, "compared to the overall export scenario of the country, the tea sector has not done very badly in terms of value realisation".

During January to November 2019, value realisation from tea exports stood at Rs 3,740 crore as compared to Rs 3,537 crore in 2018.

The major export destinations were the CIS countries which saw an offtake of 52.80 million kg last year which was lower than 56.59 million kg in the first 11 months of 2018.

Iran was a major export destination of Indian tea after CIS countries.

Exports to Iran during the period January to November 2019 stood at 50.43 million kg against 27.41 million kg in 2018.

Offtake by China increased to 12.02 million kg as against 9.2 million kg in 2018.

Exports to Pakistan dipped steeply to 6.23 million kg in the first 11 months of 2019 from 14.56 million kg in 2018.

While offtake by the US has increased in 2019 till November, exports to the UK saw a dip during the year from 2018.

Read more: Adani Ports to acquire 75% stake in Krishnapatnam Port Company

Intro:Body:



      Kolkata, Jan 3 (PTI) Exports of tea during the first

11 months of 2019 has seen a marginal decline compared to the

same period in 2018 although the value realisation has been

higher, according to Tea Board data.

    For the period January to November 2019, tea exports

stood at 227.71 million kg as compared to 231.36 million kg

during the same period in 2018.

    Tea Board deputy chairman Arun Kumar Ray told PTI

"exports have seen a marginal decline in the first 11 months

of 2019 as compared to the same period in 2018. But value

realisation has been higher in 2019".

    He said, "compared to the overall exports scenario of

the country, the tea sector has not done very badly in terms

of value realisation".

    During January to November 2019, value realisation

from tea exports stood at Rs 3,740 crore as compared to Rs

3,537 crore in 2018.

    The major export destinations were the CIS countries

which saw an offtake of 52.80 million kg last year which was

lower than 56.59 million kg in the first 11 months of 2018.

    Iran was a major export destination of Indian tea

after CIS countries.

    Exports to Iran during the period January to November

2019 stood at 50.43 million kg against 27.41 million kg in

2018.

    Offtake by China increased to 12.02 million kg as

against 9.2 million kg in 2018.

    Exports to Pakistan dipped steeply to 6.23 million

kg in the first 11 months of 2019 from 14.56 million kg in

2018.

    While offtake by US has increased in 2019 till

November, exports to the UK saw a dip during the year from

2018.


Conclusion:

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