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Tea exports for the month of December 2023 totaled 20.75 M/Kgs, showing an increase of 1.45 M/Kgs vis-à-vis 19.30 M/Kgs of December 2022. Packeted tea together with tea bags and green tea has seen an improvement against the corresponding month of 2022, whilst tea in bulk and instant tea have shown a decline.
Iraq remains at No. 1 amongst major importers of Ceylon Tea with a total of 32.75 M/Kgs, a decline of 24% YoY against 43.24 M/Kgs in 2022. Türkiye has emerged in 2 nd place with 30.41 M/Kgs and growing by 95% YoY surpassing Russia (3 rd Position) and the U.A.E (4 th Position) where exports have declined by 8% and 18% YoY respectively. China has moved up to No. 5 with an increase of 10% against the same period in 2022.
Sri Lanka tea production for January-December 2023 totalled 256.04 M/Kgs, recording an increase of 4.20 M/Kgs vis-à-vis 251.84 M/Kgs of January-December 2022. Compared to the corresponding period in 2022, all elevations have shown positive variances in the year 2023 aside from the Low Grown Elevation. However, compared to 299.49 M/Kgs of January-December 2021, cumulative production of 2023 shows a decrease of 43.45 M/Kgs. On a cumulative basis, all elevations show a decrease over the corresponding period of 2021.
Also for the month of December 2023, Lanka tea production totaled 19.81M/Kgs, showing an increase of 0.10 M/Kgs vis-à-vis 19.71 M/Kgs of December 2022, according to Forbes & Walker (Pvt) Ltd.
All elevations except for the low grown elevation have shown an increase in comparison with the corresponding period of 2022.
Source: https://www.dailynews.lk/2024/01/18/business/352475/tea-exports-increase-in-2023/
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