Tea Production in August Declined by 7 Pc - 10 Oct 2015

Indian tea production in August fell nearly 7% from a year earlier to 152.71 million kg due to lower plucking in the top producing north-eastern state of Assam, according to the Tea Board.
Production in Assam declined by 11% from a year earlier to 88.52 million kg due to heavy rainfall that hit plucking, data showed.
 India exports CTC (crush-tear-curl) grade mainly to Egypt, Pakistan and the UK, and the orthodox variety to Iraq, Iran and Russia

Tea Production In 2013-14 Apr-Feb Improved By 7 Percent , 07th April 2014

Tea production of India in the 2013-14 April-Feb period increased by 7% to 1,152.91 million kg due to higher output in key producing states Assam and West Bengal. Production in the same period of 2012-13 was 1,073.93 million kg, according to the Tea Board.

Output in Assam, the largest tea-producing state, was improved by 5.19% to 608.89 million kg in the April-February period of 2013-14, from 578.06 million kg in the comparable period. Similarly, in West Bengal, production increased by 11% to 293.73 million kg from 265.36 million kg.

Production in the south Indian states of Tamil Nadu, Kerala and Karnataka increased by 13% to 226.93 million kg in the April-December period of 2013-14 fiscal from 199.86 million kg in the previous year period.

Green Tea Demand Improving In Domestic Market , 24 Feb 2014

Green tea demand is growing at a rate of 17% per annum while the black tea demand is growing at the rate of 3% in the domestic market, according to Tea Board.

India is the largest producer and consumer of Black tea in the world while China is the largest producer and consumer of Green tea in the world. 

Assam produced 2 million kg of green tea of the estimated production of 11 million kg in the country during 2013.

Global black tea output up 9.36% , 23rd August 2013

July production data for black tea production from Sri Lanka, Malawi and Bangladesh show a rise of nine per cent

this calendar year compared with the same period a year ago.

“Accordingly, our compilation places the cumulative global black tea production so far this calendar at 913.38 million

kg (mkg) from 835.23 mkg last year,” Rajesh Gupta, publisher of annual Global Tea Digest, told Business Line.

This is an increase of 78.15 mkg .

Sri Lanka’s July production dropped to 22.60 mkg from 25 mkg in July 2012.

However, helped by higher production in earlier months, the cumulative output in the seven months increased to

194.86 mkg from 189.23 mkg. Malawi’s July production rose to 1.70 mkg (1.10 mkg).

However, because of lower production in earlier months, the cumulative output was 31.87 mkg against 33 mkg last

year.

In July, Bangladesh produced 9 mkg against 8.30 mkg in July 2012.

The cumulative output rose to 24.19 mkg from 23.63 mkg last year.

Overall, the global climatic condition now is favourable for tea production and the unseasonal rains in Africa are

helping higher crop in Kenya, Malawi, Tanzania and Uganda this month.

Tea Exporters likely to gain on rupee`s fall , 30th July 2013

Despite tea prices in the international market ruling lower in dollar this year, exporters of Assam tea are likely to end up with a net gain this year, riding on rupee depreciation.

The Indian currency has depreciated by 12 per cent since April this year. The gains may reflect in the balance sheet ofexporters in the peak seasons of second and third quarter of this fiscal.

“In dollar terms, the international prices may have come down a little bit but, in rupee terms, it is not so,” said Kamal Baheti, Chief Financial Officer of McLeod Russel Ltd. Baheti, however, restricted his argument mostly to quality Assam tea in an interview to Business Line.

 

The world’s largest tea producer is targeting to increase its exports to 27 million kg from 25 million kg last fiscal. 

According to him, higher production in Kenya has affected the demand for CTC tea. This apart, Egypt, which is a big tea consumer, has not been active so far this year due to civil disturbances.

 

Demand for CTC tea is slightly subdued. However, demand for quality tea from Assam has not been impacted. Any exports of quality tea from India should be in line with last year. Exports of orthodox tea will increase because ofdemand from West Asia and shipments to Iran through resumed rupee trade, Baheti said.

Interestingly, Baheti expects global tea prices to firm up during the residual part of the fiscal to end at the same level as last year, or slightly higher. The move is anticipated to be driven by recovery in Kenyan tea during the later parts of the year.

During the January-May 2013 period, tea production in Kenya was up 52 per cent at 195.1 million kg compared with 128 million kg during the same period last year.

During January-March 2013, exports were higher by 15 million kg. “Though we are yet to see the April-June figures, it is likely that the total exports will be higher during the first half of 2013,” an official with the Indian Tea Association said.

He confirmed that the despite the overall softening of global prices, quality teas are earning handsome returns.

shobha.roy@thehindu.co.in

Global Black Tea output up to 13% , 06th July 2013

“According to our compilation, the global cumulative production of black tea so far this calendar has increased 672.35mkg from 593.49 mkg in the same period of last year”, Rajesh Gupta, publisher ofannual Global Tea Digest, told Business Line.

The official tea production data for May has come out from major producing nations –India, Kenya, Sri Lanka, Bangladesh and Malawi. The rising trend in crop in Kenya continued to help black tea production rise by 2.22 million kg (mkg) in May to 39.60 mkg.

Sri Lanka gained marginally 0.90 mkg at 33.60 mkg while Malawi also gained 0.90 mkg at 4.70 mkg.Bangladesh lost 0.30 mkg to dip to 5.20 mkg. India lost 2.24 mkg at 101.18 mkg.

“According to our compilation, the global cumulative production of black tea so far this calendar has increased 672.35mkg from 593.49 mkg in the same period of last year”, Rajesh Gupta, publisher of annual Global Tea Digest, toldBusiness Line. This increase of 78.86 mkg marks a growth of 13.29 per cent.

Cumulatively in the five months of current calendar, India tops the world black tea production at 255.55 mkg, 6.82 mkg more than last year.Kenya’s production of 195.09 mkg marks a whopping increase of 67.11 mkg. This increase itself is so large that it is higher than the cumulative production recorded so far this year in each producing country other than Sri Lanka and India.

Sri Lanka’s production at 147.08 mkg posts an increase of 11.09 mkg.Due to lower output in earlier months, Malawi’s cumulative production has fallen by 2.43 mkg to dip to 27.87 mkg while Bangladesh has lost 0.44 mkg to slide to 8.29 mkg

Global Tea Consumption , 17th June 2013

The global consumption of tea is 3,800 million kg (mkg) annually. China produces 1,700 mkg, India 1,100 mkg, Kenya 370 mkg, Sri Lanka 325 mkg and Indonesia 55 mkg.