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    Home > Food News > Food Articles > Vietnam's tea exports soar in the first two months of 2021

    Vietnam's tea exports soar in the first two months of 2021

    • Last Update: 2021-04-08
    • Source: Internet
    • Author: User
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    (De Volkskrant) Vietnam's Ministry of Agriculture and Rural Development foodmate.
    net/tag_1357.
    html" class="zdbq" title="Agricultural products related food information" target="_blank">agricultural market development and processing bureau, said in February 2021 foodmate.
    net/tag_189.
    html" class="zdbq" title="Tea related food information" target="_blank">tea foodmate.
    net/tag_227.
    html" class="zdbq" title="Export-related food information" target="_blank">exports amounted to approximately 8,000 tons, earning $ 14 million, the first two months of tea exports amounted to 17,000 tons, earning 2900 Million US dollars, the export volume fell by 1.
    6%, but the export value increased by 11.
    1% year-on-year.
     
    In January 2021, Vietnam’s tea exports to Pakistan, Vietnam’s largest tea export market, accounted for 41.
    2%.
    Specifically, tea exports increased by 8.
    9%, and exports increased by 8.
    9% year-on-year.
     
      The average export price of tea in January 2021 was US$1,605/ton, a year-on-year increase of 4%.
     
      In the domestic market, tea prices after the Spring Festival are relatively stable, and there is not much fluctuation.
    However, due to the impact of the new crown pneumonia epidemic, tea farmers in Taiyuan Province have encountered many difficulties in selling their products.
     
      The Agricultural Products Market Development and Processing Bureau revealed that the tea auction prices of the Calcutta Tea Traders Association (CTTA) fell during this month, with an average price of 132.
    95 rupees per kilogram, a decrease of 0.
    73 rupees per kilogram compared to the previous month.
     
      The exporter revealed that due to the bad weather this winter in the United States, Russia and European countries, coupled with the difficulties encountered by various shipping routes, the transportation of tea has been blocked.
    At the same time, the tea industry is predicted to continue to face many challenges between 2021 and 2022.
    (Finish)
    foodmate.
    net/tag_1357.
    html" class="zdbq" title="Agricultural products related food information" target="_blank">Agricultural foodmate.
    net/tag_189.
    html" class="zdbq" title="Tea related food information" target="_blank">tea foodmate.
    net/tag_227.
    html" class="zdbq" title="Export-related food information" target="_blank">export
     
      In January 2021, Vietnam’s tea exports to Pakistan, Vietnam’s largest tea export market, accounted for 41.
    2%.
    Specifically, tea exports increased by 8.
    9%, and exports increased by 8.
    9% year-on-year.
     
      The average export price of tea in January 2021 was US$1,605/ton, a year-on-year increase of 4%.
     
      In the domestic market, tea prices after the Spring Festival are relatively stable, and there is not much fluctuation.
    However, due to the impact of the new crown pneumonia epidemic, tea farmers in Taiyuan Province have encountered many difficulties in selling their products.
     
      The Agricultural Products Market Development and Processing Bureau revealed that the tea auction prices of the Calcutta Tea Traders Association (CTTA) fell during this month, with an average price of 132.
    95 rupees per kilogram, a decrease of 0.
    73 rupees per kilogram compared to the previous month.
     
      The exporter revealed that due to the bad weather this winter in the United States, Russia and European countries, coupled with the difficulties encountered by various shipping routes, the transportation of tea has been blocked.
    At the same time, the tea industry is predicted to continue to face many challenges between 2021 and 2022.
    (Finish)
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