Tea exports increase over 13% during Jan-Mar 2016
The Dollar Business Bureau
India’s tea exports have increased 13.2% in terms of value at Rs.982.39 crore during January- March 2016 when compared to Rs.867.86 crore in the same period previous year. In terms of quantity, the tea exports from the country have grown 6.2% at 54.29 million kg in the first three months of 2016 against 51.12 million kg in the corresponding period last year, as per the data provided by Tea Board of India under Union Ministry of Commerce.
According to the data, there was 6.59% upsurge in the unit price realisation for tea exports at Rs.180.95 per kg during the three-month period against Rs.169.77 per kg in the same period previous year at all-India level. The maximum tea exports from India are destined to the Commonwealth of Independent States (CIS) countries.
Particularly from north India, the tea exports rose 15.52% and 17.21% in terms of quantity and value respectively during the period under review. South Indian tea exports have decreased 4.88% in terms of quantity, but in terms of value there is 5.55% increase during this time frame. The unit price realisation for tea exports has slightly inclined 1.46% in north India, while it has enhanced by 10.97% in south India during the period.