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Export of Tea

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Delhi
Last Updated : Mar 05 2015 | 12:20 AM IST
The decline in exports during January-November, 2014 is attributable, inter alia, to loss of Assam Orthodox tea production to the tune of almost 20 million kg. During May-July, 2014 caused by delayed rains, lower demand in the high-value markets such as USA, Iran and Russia, lower prices of teas from Africa at USD 2 per kg. in the international market, and decrease in demand from Bangladesh due to re-imposition of tariff with effect from April, 2014. Notably, India ranks second in world production of tea and fourth in the world market as tea exporting country.

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First Published: Mar 04 2015 | 12:20 AM IST

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