India’s Tea Exports Drop 4.93% During Jan-Sep

New Delhi, Dec 5 (KNN) Tea exports from India during January to September witnessed a decline of 4.93 per cent to 157.92 million kg, reported Business standard citing the latest data by Tea Board.

As per the data, From North India, primarily the states of Assam and West Bengal, tea exports dropped 6.61 per cent to 96.28 million kg in the reporting period, compared with 103.09 million kg in the corresponding nine months a year ago.

In the southern region, shipments fell slightly by 2.19 per cent to 61.64 million kg from January to September.

During the first nine months of 2022, exports stood at 166.11 million kg. During the entire calendar year 2022, tea exports from India stood at 231 million kg.

Sources in the Indian Tea Association (ITA), the apex body of planters, said the export scenario remains grim as shipments to Iran are uncertain due to payment issues, Business Standard reported.

The Iran market constitutes nearly 20 per cent of India's total tea exports, followed by the CIS group of countries, they said.

(KNN Bureau)