Ann Wairimu delivers green tea leaves at Mukarara Tea Buying Centre (PHOTO: Kibata Kihu)Kenya’s earnings from tea exports grew marginally last year on account of higher volumes despite the harsh impact of the coronavirus pandemic on the economy. New data from the Tea Directorate shows earnings reached Sh120 billion in the 12 months to December 2020 compared to Sh119 billion in 2019. This was on the back of a decrease in tea prices in the global market as well as a decline in local production due to poor weather. According to the Tea Directorate, earnings for the period under review were lifted by higher volumes of tea exported to different markets that consume Kenya tea. The price of tea at the auction, however, affected the amount of tea offered for sale, with higher quantities putting pressure on the prices.
Source: Standard Digital February 25, 2021 06:56 UTC