Indian tea exports fall.(World news: coffee and tea reports from the front line)(Brief Article)

Tea & Coffee Trade Journal, June, 2004

INDIA -- Indian tea exports registered a 14% fall in 2003, reports The Hindu. According to the revised estimates by the Tea Board of India, shipments were 173.1 million kg in 2003 against 201 million kg in 2002. In value terms, these dropped to Rd. 1.550 crores from Rd. 1,753 crores.

Imports dropped to 6.78 million kg from 22 million kg. Prices of imported teas, however, registered a marked increase to Rs. 63/kg. From Rs. 46.

Interestingly, India's loss led to major gains by Sri Lanka (11.3 million kg.) and China (8.3 million kg.). China, with a large domestic consumption base, proved to be the third largest exporter (237.5 million kg). Sri Lanka topped the list with a total of 298.3 million kg. Followed by Kenya (268 million kg). Overall, the total...

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