Page 2 - Tea Exports

Covid pandemic, Russia-Ukraine conflict impacting export: Tea industry body

A body of tea planters on Saturday said exports of the commodity will be adversely impacted due to the Russia-Ukraine conflict. The shipment of Indian tea has already been hit by the COVID-19 pandemic, and the geopolitical situation after Russia's invasion of Ukraine would aggravate it further, Tea Association of India (TAI) president Ajay Jalan said. The payment issue with Iran, one of the largest importers of Indian tea, is also another challenge for tea exporters, he said. Addressing the 35th biennial general meeting of TAI, Assam Branch, Jalan said, "I stand before you at a critical juncture when the world is witnessing a major war in Europe wherein the Western countries have swiftly introduced draconian economic measures." The volume of India's tea export to countries in the Commonwealth of Independent States (CIS), including Russia, is 58-65 million kgs, he said, adding that "the war is bound to affect trade in this region". Coupled with the fact that India has an ongoing .

Russia-Ukraine war: India eyes alternative markets for tea export

Virtual meetings are being held with buyers in some countries

Tea exports dip 6.8% to 195.5 mn kg in CY2021, shipment value remains flat

Tea exports during the 12 months of 2021 declined marginally at 195.50 million kilogramme from 209.72 million kg during the previous similar period, according to latest Tea Board data.

Russia-Ukraine crisis: India's Tea planters and exporters likely to be hit

Western sanctions and disruption of payments in dollars, as well as transhipments to Russia, are expected as a fall-out of Russia launching an attack on Ukraine on Thursday

India's tea exports likely to be hit due to Russia-Ukraine crisis

Tea planters and exporters are "extremely worried" over the possible impact on their shipments to Russia, India's second largest buyer of tea, in the wake of the Russia-Ukraine crisis. Western sanctions and disruption of payments in dollars as well as transhipments to Russia are expected as a fall-out of Russian troops launching an attack on Ukraine on. "The Russian market for Indian tea is extremely important as there are payment issues for shipments to Iran, another vital tea export destination. Around 18 per cent of India's tea shipments go to Russia," India Tea Association chairperson Nayantara Palchoudhuri told PTI. In the event of the conflict and possible imposition of sanctions by the US, exports to Russia would be "impacted adversely in the upcoming season", she said. Palchoudhuri, however, said that any significant shock to the tea industry due to the crisis may not be witnessed immediately as the season is about to begin and the bulk of shipments takes place between May

Indian tea exports likely to fall nearly 15 per cent in 2021

The tea industry decline in exports to the tune of 30-40 million kg this year as compared to 2020, due to the availability of low-cost varieties in the global market, trade restrictions sources said

Top headlines: Govt to release GST dues, tea exports to fall, and more

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Tea Board leans on domestic market as export prospects dim over Coronavirus

Campaign to showcase Assam variety starts in Odisha, will be taken to other states soon

Coronavirus outbreak to throw Indian tea exports out of gear this year

Tea Board of India has called an urgent exporters' meet this week to discuss means of staving off expected fall in exports due to coronavirus outbreak

India's tea exports up 2% by value on whole-leaf shipments to Iran

Exports of whole-leaf tea to Iran increased by around 74 per cent at 53.45 mkg while in Germany, it stagnated at 10 mkg

US airstrike on Iran may impact business of Indian tea planters, exporters

What happens if the US refuses to exempt Chabahar port from sanctions, said an exporter

Tea exports fall in first 11 months of 2019, but value realisation improves

During January to November 2019, value realisation from tea exports stood at Rs 3,740 crore as compared to Rs 3,537 crore in 2018

Tea Board considering new export cess to fund promotion and marketing

While the rate of the cess is yet to be finalised, sources say it could be around Rs 2 per kg of export

Amid soaring tensions, India's tea exports to Pakistan tank over 50%

India's tea exports to Pakistan during January-August 2019 stood at 3.14 million kg, valued at $4.80 million, against 6.17 m kg (worth $9.02 million) during the same period last year

Despite US sanctions, Indian tea cos bullish about boosting trade with Iran

In 2018, tea exports to Iran, India's second-most important tea market, shot up only by around 3.5% in terms of volume

Tea exports to Pakistan rise 22% to 13.07 mkg in first 10 months of 2018

Value of exports to CIS also showed a decline at Rs 891 crore from Rs 959 crore in the previous period, says Tea Board data

Tripura taking measures to facilitate tea export to Bangladesh

The Indian Chamber of Commerce (ICC) has also taken up the matter with Bangladesh government

Tightening norms on pesticides hurts Indian tea exports to USA

On the other hand, income from exports to US during the aforesaid period declined to $35.97 as against the income of $48.40 resulting in a 26% fall

Tea exports rises 2.3% to Rs 34.96 billion in January-September period

The crop exports to China during the period were up at 6.67 million kilos as against 5.59 million kilos in the same period last year

Tea producers, exporters cheer as India exempted from Iran sanctions

Although orthodox tea production dipped by an estimated 10 per cent, prices didn't firm up