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Tea import bill in calendar 2011 was 6.62 per cent lower than 2010, reveals an analysis of the latest data available with Tea Board and the importers.
This happened despite a marginal increase in the price of imported tea because of decrease in volume.
In all, 18.60 million kg (mkg) was imported in 2011 against 20.04 mkg in 2010. The price had risen to Rs 92.84 a kg from Rs 92.26. The higher price restricted imported volume.
Consequently, the country's import bill slid to Rs 172.96 crore from Rs 184.94 crore.
This drop of Rs 12.25 crore marked a decline of 6.62 per cent.
India imported tea from about 15 countries, some trading not producing. As much as 40 per cent of the total imports came from Nepal at 7.45 mkg (in 2010: 8.45 mkg). The second highest volume of 3.83 mkg (3.47 mkg) came from Kenya.
India paid the highest price of Rs 176.67 a kg (Rs 165.98) to Sri Lanka followed by Rs 153.28 (Rs 105.89) to China and Rs 152.79 (Rs 234.53).
Overall, India paid the highest bill of Rs 67 crore (Rs 85.57 cr) to Nepal followed by Rs 45.86 crore (Rs 44.04 cr).
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