Kenya: Bomet says direct tea sales to Iran fetch Sh28m

Published 2021년 10월 4일

Tridge summary

Bomet County in Kenya has successfully exported 84 metric tonnes of tea to Iran at a price of Sh330 ($3) per kilogramme, fetching an additional Sh90 per kilogramme above the current market price at the Mombasa Tea Auction. This export, to Tehran in June, was made possible by a High Court ruling that temporarily halted the implementation of the Tea Act 2020, which had prohibited direct tea sales to international markets. The county is now exploring opportunities to export to the Eurasian Economic Union and is encouraging local farmers to process their tea to add value and improve earnings. However, the deal has been deemed 'fake' by the Agriculture secretary, who claims no government agencies were involved and raises concerns about potential broker exploitation without full price disclosure to farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bomet has told tea worth Sh27.7 million ($252,000) to Iran, fetching Sh90 per kilogramme more than the current price at the Mombasa Tea Auction, the county has said. Governor Hillary Barchok says tea from farmers’ cooperatives in the region was sold for Sh330 ($3) per kg, above the current average price of Sh235 ($2.18) a kilo at the auction. According to the county, 84 metric tonnes of tea was shipped to Tehran in June after Dr Barchok announced that they had entered a deal with an Iranian buyer for direct exports of the beverage as it sought to improve growers’ earnings. At the time, the move was protested by the Agriculture ministry, which through tea reforms, had banned the direct sales of tea to the international market and ordered that it should be sold through the auction in Mombasa. But a High Court ruling in Bomet in May blocked the full implementation of the Tea Act 2020, barring direct sale of tea to export markets. On Sunday, Dr Barchok, Kenyan ambassador to Iran Moses ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.