Tea exports up in September

January-September volume up 8.4%, value up by 13.9%

Sri Lanka’s tea exports during the month of September ’06 totalled 26.5 m/kgs vis-à-vis 30.6 m/kgs during the corresponding month last year. During the month under review, however, the average unit FOB value for a kilogram of tea totalled Rs.284.44 whilst the corresponding figure was Rs.254.43. This reflects an increase of Rs.30.01 or 11.79% over the corresponding figure.

In analyzing the teas exports for the period January-September ’06 a total of 244.6 m/kgs have been exported this year compared to 225.5 m/kgs exported during the same period last year.

During the period under review we have recorded a growth of 19.1 m/kgs in volume whilst an increase of Rs.8.2 billion in value over the corresponding figure.

The CIS continued to be the single largest importer of Sri Lankan tea having imported 57.9 m/kgs for the period January-September ’06, an increase of 7.5 m/kgs vis-à-vis corresponding figure of 50.4 m/kgs, followed by UAE with imports totalling 34.5 m/kgs and in the third position Syria with imports amounting to 23.1 m/kgs. FORBES & WALKER TEA BROKERS (PVT) LTD

-DM Financial Times

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