Apprehensions of widespread disruptions had put the Indian tea industry on the edge when Russia, a top buyer, waged war on Ukraine.
But tea growers managed to retain a hold on the market and even regained some lost share.
Tea Board data shows that exports to Russia stood at 41.13 million kg (mkg) in Calendar year 2022, up 20.7 per cent from 34.06 mkg the preceding year.
Total tea exports from India in 2022 were 226.98 mkg, up 15.49 per cent from 196.53 mkg a year ago. A combination of factors made this possible such as export opportunities created by the Sri Lanka crisis and sanctions on Russia that sourcing from other made countries difficult.
Tea Board chairman Saurav Pahari said, among the top three destinations, where UAE, Russia and Iran feature in that order, Russia had significantly increased purchase of Indian tea in the weeks following July 2022.
Bu hikaye Business Standard dergisinin March 18, 2023 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin March 18, 2023 sayısından alınmıştır.
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