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Read more about Tea industry faces crop loss for second year in a row on poor rainfall on Business Standard. Industry says crop loss is irreversible as first flush is gone, second is partially impacted ....
Adverse weather to keep tea prices firm May 17, 2021 × Production drop and the possible impact on quality of second flush crop due to lower deployment of labour will push up prices Tea prices, which had increased on an average by around ₹60-100 a kg across various categories on a year-on-year basis in 2020, are likely to rule firm during the current calendar year. According to industry insiders, the drop in production of first flush crop on the back of unfavourable weather conditions, particularly in the tea growing areas of Assam, and the possible impact on quality of second flush crop due to lower deployment of labour during peak plucking season is likely to keep prices firm this year. ....
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Experts said the primary reason behind India s shortfall in tea exports was the strict lockdown, which led to skiffing of overgrown leaves across tea estates. ....
Indian tea exports dip 18% in 2020 Top Searches Indian tea exports dip 18% in 2020 Sovon Manna / TNN / Mar 5, 2021, 13:08 IST FacebookTwitterLinkedinEMail (Representative image) KOLKATA: India, the world’s second largest tea producer, saw tea exports fall by about 18% or 44 million kg (mkg) to 208mkg in 2020 compared to 252mkg in the previous year, according to industry sources. However, Kenya, the country’s toughest competitor in tea exports, saw its exports increase by 22mkg to 519mkg in 2020. The global tea export market too shrunk by 76mkg to1,824mkg in the pandemic-hit year. According to the latest available data, in 2020, India lost 21mkg business in Iran, one of its top destinations, and 9mkg in Russia, while it gained marginally in Poland, Afghanistan and Saudi Arabia. Meanwhile, Kenya gained from India’s loss and captured 85% of the Pakistan market. ....