Tea Low Prices

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Kenya Tea Export Earnings Down by 16.4pc

Director general of Agriculture and Food Authority Anthony Mureithi has attribute the Sh140 billion decline registered in 2018 to low auction prices. He said, the low prices were also linked to higher supply in tea production within the region brought about by favorable weather conditions.

During the year 2019, a total of 497 million kilograms were exported which pushed the production to 22 million kilograms higher than 474 million kilograms exported in 2018.The report also indicated that the average price of Kenya tea fell to Sh223 per kilogram during the review period from Sh260 per kilogram in 2018.

Pakistan was the leading export destination for Kenyan tea having imported 177.7 million kilograms, which accounted for 36 percent of the total export volume.

Other key export destinations for Kenyan tea were Egypt with 99 million kilograms, the UK at 46 million kilograms, the United Arab Emirates buying 25 million kilograms, among others.

Emerging markets that recorded significantly higher tea imports from Kenya include Bangladesh, Nigeria, Ireland, Iran, India, Poland, Netherlands, Somalia, Turkey, Indonesia, Jordan, and Japan.

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Author

Timothy Omondi