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Tea exports in first nine months of FY22 declines to 184.35 mkgs

Tea exports declined by 2.4 per cent to 184.35 million kg during the April-February period of the last fiscal according to latest Tea Board data.
The shipment of the crop was at 188.91 mkg in the corresponding period of the previous year.

Value of exports in the first nine months of 2021-22 increased marginally to Rs 4,956 crore as compared to Rs 4,933 crore in the corresponding period of the 2020-21 fiscal.

CIS countries, including Russia and Ukraine, imported 41.18 mkg, the highest among the overseas destinations of Indian tea, during the period under review from 46.19 mkg in the year-ago period.

Among the CIS bloc, Russia was the main importer with a shipment of 31.88 mkg April- February period of 2021-22, down from 33.65 mkg in the same period previous year, according to the Tea Board data.

Iran was the second largest importer at 27.25 mkg, marginally up from 26.48 mkg in the first nine months of the 2020-21.
The US imported 12.43 mkg in the April-February period of the last fiscal, a higher volume from 10.81 mkg in the corresponding period previous year, the data said.

The shipment to China was sharply lower at 4.3 mkg in the first nine months of the last fiscal as against 11.22 mkg in the corresponding period of the previous fiscal.