Indian tea exports drop from 241.31 million kg to 203.8 million kg in 2020-21

Published 2021년 7월 20일

Tridge summary

During the 2020-21 fiscal, India experienced a decline in tea exports, with volume dropping to 203.8 million kg from 241.31 million kg the previous year, as per the Tea Board of India. Despite the volume decrease, the value of exports increased slightly to Rs 5,311.53 crores from Rs 5,457.10 crores due to a higher unit price realization of Rs 260.64 per kg. The Commonwealth of Independent States (CIS) countries and Iran were the largest importers, but there was a significant reduction in imports by Iran. The type of tea imported also shifted towards CTC tea, a processed form of black tea, rather than orthodox tea.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Indian tea is famous all over the world. However, the scenario of exporting tea undergoes constant changes. According to news reports, tea exports dropped during 2020-21 fiscal. It was reported to be just 203.8 million kg as compared with 241.31 million kg the previous fiscal. This is as per official data. As per data by the Tea Board of India, value of exports dipped marginally to Rs. 5,311.53 crores in 2020-21 as against Rs. 5,457.10 crores in the year-ago period. However, unit price realization was higher at Rs 260.64 per kg in the reporting year compared to Rs 226.11 per kg in 2019-20. In many ways, Assam is the Star of the tea world. Tea lovers frequently scoff at it. Below are the… As monsoon has finally arrived in the country, bringing much-required relief from scorching heat. But it must be noted that… During the last fiscal, the Commonwealth of Independent States (CIS) countries remained the largest importer at 49.08 million kg, which was lower than 59.52 million kg a ...

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