Indian Tea Sales to Wilt as Kenyan Crop Jumps
- Top producer sees exports from India declining from record
- ‘Very difficult for India to compete’ if Kenyan output climbs
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Tea exports from India, the world’s second-biggest producer, may shrivel this year as a bumper crop in Kenya raises the risk of oversupply.
Shipments could drop by 8 million to 10 million kilograms in the year through March from a record of 256.57 million in 2017-18 as Kenya’s output is likely to rise by as much as 60 million kilograms -- a large volume for the world market to absorb, said Azam Monem, director at Mcleod Russel India Ltd.