Kenya's 2022 earnings from tea exports rise to 138bn shillings

Published 2023년 3월 14일

Tridge summary

Kenya, the world's leading exporter of black tea, saw a significant decrease in tea exports and production in the past year. Exports dropped by 18% to 450 million kilograms due to financial constraints in markets like Egypt and Pakistan, and a nearly 3 million kg decrease in total production brought the annual yield to 535.04 million kg. This decline was attributed to poor rainfall patterns.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The East African nation is the leading exporter of black tea in the world and the crop is a key source of hard currency. Exports volume for the year plunged by almost a fifth to 450 million kilograms, the tea board said in a report seen by Reuters on Monday. Some markets, such as Egypt and Pakistan, have grappled with inadequate foreign exchange supplies, which curbed their ability to pay for shipments, it said. Total ...
Source: Bizcommunity

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