Tea exports to Pakistan up 47% at Rs.185 cr in FY16
The Dollar Business Bureau Tea exports from India to Pakistan have increased 47.5% to reach Rs.184.56 crore in FY 2016 against Rs.125.12 crore in the last financial year. The total exports of tea from the country has surged 10% at Rs.4,200.46 crore this fiscal when compared to Rs.3,823.64 crore in FY 2015. In terms of volumes, the tea exports from the country to Pakistan rose to 18.94 million kg in FY 2016 while it was 15.20 million kg in the previous fiscal, as per the data released by Tea Boards. The export price for Pakistan has been increased to Rs 97.44 per kg in FY 2016 when compared to Rs 82.32 in the last fiscal year. India is the second largest tea producer ...
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, ...
