Latest News | Tea Exports Fall to 203.8 Million Kg in 2020-21

Kolkata, Jul 19 (PTI) Tea exports dipped to 203.8 million kg during the 2020-21 fiscal compared to 241.31 million kg in the corresponding period a year ago, official data showed.

The value of exports fell marginally to Rs 5,311.53 crore in 2020-21 as against Rs 5,457.10 crore in the year-ago period, according to data available with the Tea Board.

However, unit price realisation was higher at Rs 260.64 per kg in the reporting year compared to Rs 226.11 per kg in 2019-20.

During the last fiscal, the Commonwealth of Independent States (CIS) countries remained the largest importer at 49.08 million kg, which was lower from 59.52 million kg a year ago, the data showed.

Exports to Iran, an importer of good quality orthodox tea, reduced sharply to 28.35 million kg as against 46.86 million kg in 2019-20, it added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)