tea garden
If you like to sip tea in the morning, then this news is for you. There is every possibility of increase in the price of tea leaves in the coming days. Actually, bad news has come regarding tea production from tea gardens. Due to irregular weather conditions and premature closure of gardens, the total production of tea is expected to decline by more than 100 million kilograms by the end of this year. People associated with the tea industry have given this information. He said that about 1112 million kg of tea was produced in the country in the January-October period of the current calendar year, compared to about 1178 million kg of production in the first 10 months of 2023. However, exports are expected to reach 24-25 crore kg in 2024, up from around 231 crore kg last year.
Increase in production cost also
Indian Tea Association Chairman Hemant Bangar said that in the January-October period in 2024, there will be a decline of about 66 million kilograms in production, while due to the closure of tea gardens after November, there is a further decline of 45 to 50 million kilograms in production. There is doubt. Indian Tea Exporters Association Chairman Anshuman Kanoria said that despite geopolitical challenges and currency issues, India’s tea exports remained good and the growth in exports was due to the high risk appetite of traders. Bangar said that the performance of the tea industry this year was not very good. Crop production remained low while production costs per kilogram increased. Most of the costs were already fixed and there were no price increases commensurate with the situation. The industry was in loss in 2023 although now the situation is better than last year but the industry has not come out of recession.
Bengal’s tea products will be in loss
Producers in Assam may make some modest profits, he said, but in North Bengal they will still incur losses. This year there will be a decline of 11-12 crore kg in production as compared to last year. Claiming that climate change and irregular weather conditions are affecting crop production, the Tea Research Association (TRA) said it has advised the industry to improve soil quality, create reservoirs through rainwater harvesting, etc. TRA Secretary Joydeep Phukan said, Indian tea is fast becoming uncompetitive due to the impact of climate change. This year, temperatures in many tea growing areas ranged from 35 to 40 degrees Celsius and there was a prolonged lack of rainfall, affecting tea production by an average of 20 percent in the quality harvest months.
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