Tea exports fell sharply due to the interruption of the Lunar New Year holiday in January 2023. After Tet holiday, export activities take place normally, tea export situation will be better. Tea exports to major markets in January 2023 all decreased. In which, exports to the Pakistani market reached 3,437 tons, worth $6.05 million, down 8.9% in volume and 10.7% in value compared to January 2022. The average export price of tea to the Pakistani market reached 1,759.1 USD/ton, down 2% compared to January 2022. Pakistan's foreign exchange reserves are severely depleted, so tea import demand is expected to slow down. Followed by tea exported to markets such as Russia, Taiwan, USA, Iraq, Indonesia, however, the volume and value of exports to these markets all decreased sharply in January 2023. Notably, tea exports to India, Saudi Arabia and China increased sharply in January 2023.
Original content
Tea exports fell sharply due to the interruption of the Lunar New Year holiday in January 2023. After Tet holiday, export activities take place normally, tea export situation will be better. Tea exports to major markets in January 2023 all decreased. In which, exports to the Pakistani market reached 3,437 tons, worth $6.05 million, down 8.9% in volume and 10.7% in value compared to January 2022. The average export price of tea to the Pakistani market reached 1,759.1 USD/ton, down 2% compared to January 2022. Pakistan's foreign exchange reserves are severely depleted, so tea import demand is expected to slow down. Followed by tea exported to markets such as Russia, Taiwan, USA, Iraq, Indonesia, however, the volume and value of exports to these markets all decreased sharply in January 2023. Notably, tea exports to India, Saudi Arabia and China increased sharply in January 2023. In particular, India and China are both major tea production and export markets in the world, but the ...
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