After his recent visit to Australia with a 15-member delegation of tea exporters, Executive Director of Tea Board C Paulrasu said he is hopeful of doubling the export volumes to that continent.
“Indian tea exports to Australia now stand at 3 million kg. This could double in the next five years,” he said, adding that Australia is looking only for speciality products such as organic tea, value-added teas, flavoured teas and green tea.
The total volume of tea imports into Australia is estimated at 15 million kg. “Indian tea exporters are fully geared to cater the international market,” he added.
Tea export has risen by 10 per cent in 2015 -16 compared to the earlier year to touch 221 million kg.
As per Tea Board figures, the CIS continues to be the largest importer of Indian teas at 60.52 million kg in 2015-16. Other major importers of Indian teas are Iran (20.41 million kg), Pakistan (18.94 m kg), the UK (17.70 m kg) and the UAE (15.01 m kg).
The export volumes to the CIS countries have seen some improvement from 54.26 m kg in 2014-15 to 60.52 m kg in 2015-16, which industry sources say “is consequent to the visit of a tea delegation to Moscow just over a year ago.”
Indian tea production rose in 2015-16 by 36 m kg to 1233 m kg compared to the corresponding 12 months of the previous year. While north Indian production increased by 52 m kg to 1,008 m kg, tea production in the South took a huge hit slipping by 16 m kg to 225 m kg.
At the 34th annual general meeting of the Tea Trade Association of Coimbatore, its Chairman UV Saraf said the situation in the South is worrisome. “We do not expect the crop situation to improve during the later part of this year, until and unless rainfall improves in the tea growing areas.”
Original Source: thehindubusinessline.com
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