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Author Topic: No setback in tea exports  (Read 1903 times)
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« on: March 15, 2010, 10:08:20 AM »

No setback in tea exports
6 March 2010
by Shirley Wijesinghe

There is no set back in tea production or tea exports, Sri Lanka Tea Board Chairman Lalith Hettiarachchi said.

Sri Lanka is the largest exporter of pre-packed tea under brand name among tea producing countries. Sri Lanka earns more revenue from tea exports than other countries, he told the Daily News yesterday.

Tea pluckers
”Even last year, with a larger export volume, Kenya’s tea export earnings were less than Sri Lanka’s tea export revenue.

Sri Lanka is the only tea producing country to surpass the US $ One million mark in tea exports, that had remained unchanged for 2007, 2008 and 2009,” he said.

He condemned recent media reports that Sri Lanka is behind leading tea exporting countries. ”There are other factors that have to be taken into consideration, like for instance the per capita consumption.

Local consumption in Kenya , China, and India are 400g, 700g, and 750 g compared to Sri Lanka of 1.4 kgs per capita.

As a measure to help reasonable prices in the tea consumption countries, the FAO is encouraging to boost consumption in tea producing countries so that the exportable volume can be kept at a reasonable low level.

This is one way of keeping the export demand high to stabilize the global tea prices, Hettiarachchi said.

Source: Dailynews.lk http://www.dailynews.lk/2010/03/06/news02.asp
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