Indias tea exports up by 7% during Apr-Jan 2017-18
The Dollar Business Bureau Tea exports from India recorded a growth of 7% and reached 200.67 million kg during the period April-January of the current fiscal as compared to the same period last fiscal. India’s tea exports stood at 188.10 million kg during the first 10 months of the fiscal 2016-17, as per the data of Tea Board. Among the key importers, CIS (Commonwealth of Independent States) countries such as Russia, Germany, Kazakhstan and Ukraine, the exports fell to 46.92 million kg during said period from 49.63 million kg in the same period of 2016-17. However, exports to Pakistan, China, Egypt and Iran recorded a growth. Tea exports to Pakistan during the 10-month period stood at 12.73 million kg, as against 9.65 million kg in ...
Indias tea exports projected to grow 15% in next five years
The Dollar Business Bureau | @TheDollarBiz India exported around 225.76 million kg of tea last year, of which around 17% was shipped to Russia India’s tea exports are forecast to grow to around 260 million kilograms by 2019-20, up about 15% from the current 225.76 million kilograms, according to the Commerce Ministry. In terms of value, the value of tea exports in 2019-20 (at today’s prices) is estimated at around Rs.5,145 crore. This suggests a growth of around 14% from the current levels of Rs.4,509 crore. Russia is the largest importer of tea from India, accounting for around 38.62 million kilograms or about 17% of India’s total exports. However, Pakistan is a market to watch. According to the Commerce Ministry, ...
