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Date: 28/09/2022
Tea exports seen rebounding this year
On the back of rising demand from Iran and the UAE, India’s tea exports will likely rebound this year by about a sixth to around 230 mkg. The Tea Board is optimistic about the prospects for exports this year, which are aided by improving logistics and container availability. Shipments during the first half of 2022 in volume terms stood at 96.89 mkg as per the provisional estimates by the Board, an increase of 12 per cent over the same period last year’s 86.46 mkg. India can achieve a level of 225-230 mkg in 2022 with higher exports to key markets like Iran, Iraq, UAE, Saudi Arabia, Russia, the US, Turkey and Poland, as per a report.
Source: Exim News Service: Kolkata, Sept. 27
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