Business Daily from THE HINDU group of publications Tuesday, Sep 04, 2007 ePaper |
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Agri-Biz & Commodities
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Tea Industry & Economy - Exports & Imports Global tea exports rise 6.11 mkg
P.S. Sundar Coonoor, Sept. 3 Global tea exports have risen by 6.11 million kg (mkg) so far this year over the same period of last year. An analysis of the information available with the Tea Board, the global exports so far this year totalled 529.24 mkg against 523.03 mkg last year. The biggest gainer has been Kenya where the trade posted an increase of 29.94 mkg to reach 151.31 mkg. China showed an increase of 9.66 mkg to reach 1,221.02 mkg. Tanzania gained 2.91 mkg to reach 14.85 mkg. Although the shipments of all other countries showed a decline, it could not upset the overall increase. The major loss occurred in India at 11.74 mkg to dip to 75.73 mkg. Sri Lanka exported 11.32 mkg lower to touch 112.01 mkg. Indonesia shipped 4.82 mkg less to total 11.96 mkg. Uganda, Argentina and Zimbabwe exported 2.23 to 2.54 mkg less. Rising production
Exports rose because of the increased availability facilitated by the rising production. The global production rose by 62.20 mkg so far this year over the corresponding period of 2006. Production totalled 741.95 mkg against 679.75 mkg last year.
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