Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
The board says owing to the lower production to date, the total production for the year, is also expected to drop to 360 million Kgs compared to 377 million Kgs in 2011/XINHUA FILE

Kenya

Kenya records drop in tea production

The board says owing to the lower production to date, the total production for the year, is also expected to drop to 360 million Kgs compared to 377 million Kgs in 2011/XINHUA FILE

NAIROBI, Kenya, Jul 25 – Tea production for the first six months of this year has gone down to 158.1 million kilograms (Kgs) from 178.4 million kgs in the corresponding period in 2011.

The Tea Board of Kenya says this is due to the adverse weather conditions experienced in the first four months of this year.

The board says owing to the lower production to date, the total production for the year, is also expected to drop to 360 million Kgs compared to 377 million Kgs in 2011.

However in the month of June, production went up to 30 million Kgs compared to 28.9 million Kgs in the previous month. The higher production in the month was attributed to occasional light rainfall especially in the west parts of Rift Valley region.

During the month of June, 16.7 million Kgs of Kenyan tea was sold through the Mombasa auction at an average price of $3, (Sh252) compared to the 23.5 million Kgs sold in June 2011.

The average auction price per kilo for the 6 months was slightly above $3. The board says the higher price was attributed by the lower supply that has been recorded in key producing countries across the world except China, Bangladesh and Indonesia.

In the month of June, Egypt maintained the leading position in terms of Kenya tea exports, having imported 6.3 million Kgs of local tea, equivalent to 21 percent of all Kenyan tea exported. Egypt was followed by Pakistan at 5.5 million Kgs, UK 3.9 million Kgs, Russia 2.9 million Kgs and Sudan 2.3 million Kgs.

Among the five leading destinations, the Russian market recorded the highest increase in Kenyan tea imports, at 86 percent.

The same growth was realized in the emerging markets which include United Arab Emirates (UAE), Kazakhstan, Djibouti and Indonesia.

The board projects 420 million Kgs of tea to be exported by the end of the year, slightly down from 421 exported last year.

Advertisement. Scroll to continue reading.

The local consumption of tea locally also went down to 8.5 million Kgs from 9.97 million Kgs in the first six months of last year.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...