Tea production in Sri Lanka fell by 16% in 2022, to 251.5 million kg

Published 2023년 1월 24일

Tridge summary

Sri Lanka's tea production saw a significant decrease of 16% in 2022, dropping to 251.5 million kg, its lowest level since 1995. This decline is primarily due to a government-imposed ban on fertilizers and agrochemicals, as reported by the Sri Lanka Tea Board. However, with the lift of the ban in 2022, experts predict a rebound in production to 300 million kg in 2023. As the world's third-largest tea producer and a major exporter, this setback impacts a significant portion of the country's economy, including 135,000 workers and numerous plantation companies and factories. Despite the production challenges, tea export revenue in 2022 increased to $1.4 billion, up from $1.3 billion the previous year, due in part to price hikes.

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Original content

Tea production in Sri Lanka fell in 2022 by 16% compared to the previous year and amounted to 251.5 million kg. This was reported by the Delhi Mirror newspaper on Tuesday. This is the lowest figure since 1995, when the country produced 246 million kg of tea. The record low tea production last year was the result of problems with the supply of fertilizers and agrochemicals due to a government ban on their use, according to the Sri Lanka Tea Board (SLTB), the country's national tea regulator. According to experts, after the lifting of the ban in the summer of 2022, Sri Lanka can increase tea production in 2023 to 300 million kg. Sri Lanka is the world's third largest tea producer after China and India and is one of the largest tea exporters with a 23% share of world exports. The Sri ...

Source: Kvedomosti