Commodities

Tea offtake rose 2.36% in 2018

P. S. Sundar | | Updated on: May 23, 2019
image caption

The domestic consumption of tea has been growing steadily.

According to the latest data available with the Tea Board, the domestic consumption of tea, which was 927 million kg (mkg) in calendar 2014, rose to 948 mkg in 2015 and further to 965 mkg in 2016. Last year, it rose to an all-time high level of 1,084 mkg from 1,059 mkg in 2017.This increase of 25 mkg marked a growth of 2.36 per cent.

Besides, the consumption of 1,084 mkg last calendar marks the absorption of as much as 83 per cent of the country’s production that year.

The last meeting of the Intergovernmental Group on Tea of the UN’s FAO recoded this phenomenon of increased consumption by tea producing countries and said that nearly 75 per cent of the global production is consumed locally.

“The increase in consumption is driven by population growth, urbanisation and rising incomes in developing economies,” it explained.

Published on May 23, 2019

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

COMMENTS
This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you