tea board: Tea exports fall marginally in FY22, in keeping with Tea Board information

The export to Iran, the second-largest importer after CIS, nevertheless, rose barely to 29.28 million kilograms from 28.35 million kilograms in the same earlier interval.

The United Arab Emirates (UAE) lifted a a lot greater offtake over the last fiscal at 23.20 million kilograms as in opposition to 13.60 million kilograms within the corresponding earlier monetary 12 months, Tea Board stated.

The USA lifted a barely greater quantity from India at 13.46 million kilograms from 12.06 million kilograms whereas imports by the UK had been decrease at 10.15 million kilograms over the last fiscal.

The worth of exports over the last fiscal was Rs 5,415.78 crore, greater than Rs 5,311.53 crore in the identical interval earlier fiscal.

Sources within the tea business stated the marginal fall in exports was because of a scarcity of transport containers and excessive ocean freight.

Tea Board has arrange an aggressive goal of 300 million kilograms by 2025.