Tea Earnings Hit A Record High

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Earnings from Kenya’s tea sector hit a record high in 2018, grossing in revenues totaling to Ksh.140 billion last year from Ksh.129.3 billion in 2017.

The earnings, which are the highest to be registered in the last five years, saw an increase of Sh11 billion to what was recorded in 2017.

Production reached a high of 474 million kilos in the review period, up from 415 million kilos exported in 2017.

Production reached a high of 474 million kilos in the review period, up from 415 million kilos exported in 2017.

The Tea Directorate, however, forecasts that the volumes will this year drop to 416 million kilos from a high of 474 million kilos realised last year.

The lower prices, which were also witnessed in other tea producing states in the region, were worsened by global market dynamics to include volatility and trade uncertainties.

The Tea Directorate, however, expects exports to top earnings at Ksh. 133 billion with the average price per kilo rising to Ksh.285 in the 12 months to December 31, 2019.

“Kenya tea production is expected to come to about 416 million kilos this year, down from what was produced in 2018, which is largely attributed to dynamics in the weather conditions in tea growing zones,” says the directorate.

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