Tea exports down by 14% in first seven months of 2021 owing to US sanctions


Exports of tea from India registered a fall of round 14.4 % within the first seven months of 2021 as in comparison with the identical interval final 12 months. Complete exports of the beverage throughout January to July of 2021 was 100.78 million kilograms as towards 117.56 million kilograms in the identical interval of 2020, in line with Tea Board knowledge.

Although the CIS block remained the biggest importer of tea at 24.14 million kilograms, down from 30.53 million kilograms within the earlier related interval.

Although shipments to Iran was considerably down as a result of sanctions, the Persian nation imported 12.63 million kilograms within the first seven months of this 12 months, as towards 21 million kilograms in 2020.

Exports to China had been additionally decrease at 3.29 million kilograms from 5.74 million kilograms within the first seven months of 2020.

Offtake by UK was additionally much less in the course of the interval, the info confirmed at 3.12 million kilograms within the present interval.

The one exceptions are USA and UAE the place exports registered a rise this era of 2021.

Secretary-general of India Tea Association (ITA) Arijit Raha stated that it is because exports to Iran, which was as soon as an enormous purchaser of Indian tea, was decrease as a result of sanctions by the US.

The opposite prime motive is non-availability of transport containers which have grow to be very costly in the course of the COVID occasions.

The worth of tea exports within the first seven months of this 12 months was greater at Rs 2,735 crore as towards Rs 2,635 crore within the earlier related interval.



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