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HomegooglenewsTea exports in first 11 months of FY22 declines to 184.35 mkg

Tea exports in first 11 months of FY22 declines to 184.35 mkg

(Eds: Correcting header, minor edits) Kolkata, May 5 (PTI) Tea exports declined by 2.4 per cent to 184.35 million kg during the April-February period of the last fiscal, according to latest Tea Board data.

The shipment of the crop was at 188.91 mkg in the corresponding period of the previous year.

Value of exports in the first 11 months of 2021-22 increased marginally to Rs 4,956 crore as compared to Rs 4,933 crore in the corresponding period of the 2020-21 fiscal.

CIS countries, including Russia and Ukraine, imported 41.18 mkg, the highest among the overseas destinations of Indian tea, during the period under review from 46.19 mkg in the year-ago period.

Among the CIS bloc, Russia was the main importer with a shipment of 31.88 mkg in April-February period of 2021-22, down from 33.65 mkg in the same period previous year, according to the Tea Board data.

Iran was the second largest importer of Indian tea at 27.25 mkg, marginally up from 26.48 mkg in the first 11 months of the 2020-21.

The US imported 12.43 mkg in the April-February period of the last fiscal, a higher volume from 10.81 mkg in the corresponding period previous year, the data revealed.

The shipment to China was sharply lower at 4.32 mkg in the first 11 months of the last fiscal as against 11.22 mkg in the corresponding period of the previous fiscal.

According to tea industry sources, exports were lower due to shortage of shipping containers and high ocean freight.

Tea exports fell to 195.50 mkg in the 2021 calendar year from 209.72 mkg in 2020, the board data said.

The tea industry had sought a special financial package from the Center for retaining the viability of plantation activity, which is now under “threat”, they said.

According to Indian Tea Association (ITA), annual production in Darjeeling tea has drastically fallen from 12 mkg to six mkg, with the primary reason being difficulty in replantation due to the hilly terrain and lack of expansion of the cultivation area in the region. PTI DC BDC BDC

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