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India’s tea exports in the first four months of current calendar have increased on both volume and value fronts.
According to the Tea Board, a volume of 67.18 million kg (mkg) of tea was exported from January to April against 63.19 mkg in the same months of 2015. This marked a growth of 6.31 per cent.
Interestingly, more volume could be shipped despite a rise in price due to improved demand for Indian teas.
The average price of exported tea rose to ₹181.82 a kg from ₹172.24, marking an increase of 5.56 per cent.
Consequently, the overall earnings from exports rose to ₹1,221.46 crore from ₹1,088.40 crore, marking a growth of 12.23 per cent.
Of this, North India exported 38.16 mkg (Jan-Apr 2015: 33.81 mkg) of tea valued at ₹806.01 crore (₹700.21 crore) with the average price of ₹211.22 a kg (₹207.10).
There was slight drop in the volume shipped from South India. South India exported 29.02 mkg (29.38 mkg) of tea valued at ₹415.45 crore (₹388.19 crore) with the average price of ₹143.16 a kg (₹132.13).
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