India's tea imports dip 22% to 16 mn kg

Bs_logoImage
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 7:32 PM IST

India's tea imports during the January-October period of 2010 dipped 22 per cent to 16.03 million kg, according to Indian Tea Association.

The country had imported 20.55 million kg tea during the January-October period of the previous year.

India, the world's-largest consumer of the beverage, imports tea only to re-export to other countries. The dip in imports thus signals less re-exports.

According to the association, imports from Indonesia, Sri Lanka, Vietnam, Kenya and Argentina declined during the period vis-a-vis the same period of the previous year. 

Imports dipped to 0.99 million kg from Indonesia from 2.46 million kg during the year-ago period. It came down to 0.28 million kg from Sri Lanka from 0.93 million kg.

The decline was stiffest from Vietnam during the period to 2.16 million kg from 4.78 million kg in the January-October period of 2009.

Shipments from Kenya and Argentina to India also dipped to 2.19 million kg and 0.34 million kg from 2.29 million kg and 0.65 million kg respectively.

Imports, however, rose from Nepal and Iran during the period to 6.7 million kg and 1.18 million kg from 6.36 million kg and 0.54 million kg, respectively, during the January-October of 2009.

India, the second-biggest producer of tea in the world, accounts for about 28 per cent of global tea production and 14 per cent of trade.

There are about 1,600 tea estates in India. The industry employs more than two million people.

You’ve reached your limit of 10 free articles this month.
Subscribe now for unlimited access.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories

  • Over 30 subscriber-only stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 06 2011 | 2:27 PM IST