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Industry News

  - Tea Company Limtex India Posts 25 PCT Export Growth

  - Russia & CIS countries top tea imports from Sri Lanka

  - Vietnam's Tea Industry Plans to Raise Exports to US$61 MLN


Tea Company Limtex India Posts 25 PCT Export Growth- Asia Pulse

NEW DELHI, Feb 12 Asia Pulse - Calcutta-based tea company, Limtex India, is targetting new markets in Libya, Tunisia and Iraq for achieving a 25 per cent growth in its export earnings from Rs .80 billion to Rs 1 billion (US$21.54 million) in 2001-02.

"We will soon export around 200 tonnes of tea to Iraq under the oil for food programme and another 200 tonnes each to Libya and Tunisia. The company expects its total exports to increase by 25 per cent to Rs 1 billion in 2001-02," Limtex India's (Exim) Manager, Sandeep Khaitan told PTI here.

The company plans to consolidate its presence in other markets in the middle east, he said adding that it was also hopeful of clinching exports orders from neighbouring Pakistan.

He said though Limtex's exports to Pakistan were currently around 150,000 kgs there was tremendous scope to increase it manifold. The company was a part of the high level tea delegation which visited Pakistan recently.

Commenting on its export strategy he said the company was eyeing new countries for exports as in the current globalisation era it was no longer feasible to restrict oneself to a single market.

Russia at one point of time was importing over 200 mn kgs of tea from India when there was a post-sales imposition of taxes by Russia on Indian tea. However levying of value-added tax had considerably affected the Indian exports to the country, he said.

(PTI)
Asia Pulse

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Russia & CIS countries top tea imports from Sri Lanka -Sunday Observer

Russia and CIS countries (Russia), were the highest importers of tea from Sri Lanka during the year 2000, taking 56.7 million kilograms.

United Arab Emirates was second, with imports of 40.1 million kilograms, and Syria third, with imports of 21.4 million kilograms according to the latest statistics released by Sri Lanka Tea Board.

Turkey imported 20.3 million kilograms during the year 2000.

Sri Lanka was the largest exporter of tea in the world, for the year 2000 with shipments of 288 million kilograms, retaining that position for the second year, due to failed crops in Kenya.

The breakdown of the value of exports of tea from Sri Lanka is yet to be computed. However, valuewise too, Russia would have emerged in first place, having during the year taken away 23.4 million kilograms in packeted form, and 3.7 million kilograms of tea in tea bags, which are value added tea. Russia has also imported large quantities of green tea, instant tea, and other teas of added price, during the year.

The other large importers of Ceylon tea during year 2000 in descending order are: Iraq - 11 million kilograms, UK - 10.1 million kilograms, and Egypt - 10.1 million kilograms.

Akbar Brothers were the largest shippers of tea during the year 2000, with 32.9 million kilograms to its credit. Stassen, is in second place, with shipments of 22.7 (million kilograms); Vanrees, third with 21.9. The other top ten exporters of Ceylon tea during the year 2000 in descending order are: Unilever - 19.7; Ceylon Tea Marketing - 13.4; Imperial Tea Exports - 13.3; Jafferjee Bros. - 12.8; Standard Trading Co. - 11.5; Union Commodities - 8.5; Maharaja Group 8.0 million kilograms.

Sunday, February 11, 2001 Sunday Observer

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Vietnam's Tea Industry Plans to Raise Exports to US$61 MLN - Asia Pulse

HANOI, Feb 14 Asia Pulse - As the world's ninth largest tea producer, Vietnam is trying to raise its tea export value this year to US$61 million, some US$5 million more than last year, by expanding its total tea acreage to 90,000ha and its prodution to 125,000 tonnes, including 50,000 tonnes for export.

The tea industry plans to consolidate its traditional overseas customers including Russia and other countries in the Commonwealth of Independent States, and Pakistan.

It will also increase tea export to other foreign markets with estimated 25,000 tonnes to the Middle East, around 15,000 tonnes to Europe and Asia; and up to 8,000 tonnes to Africa and America.

With 2,600ha of tea plantation, the Vietnam Tea Corporation [VTC] alone exported 24,000 tonnes last year, some 400 tonnes more than 1999, earning an export turnover of US$32 million.

The corporation has achieved an average annual per-hectare yield of 7.5 tonnes from its crops and currently exports to 40 foreign markets in Asia, the Middle East, the EU and Africa. To build on this success, it plans to set up a totally Vietnamese-owned import company in Russia.

According to VTC General Director Nguyen Kim Trong, the industry faced many difficulties last year with low tea prices on the world market falling even further. However, thanks to better technology, the country has managed to retain its local and foreign market share.

For the domestic market, the corporation will continue to produce traditional products, such as Thai Nguyen, Tung Hac, Thanh Long and Tan Cong teas, while adding high-quality tea bags brands like linh chi (ganoderma lucidum), tam that (Pseudo-ginseng), ginseng, Tea Vina, Linh Son and Bao Tho tea to compete head-on with Lipton and Dilmah brands.

Tran Phu tea company, located in the north-western mountainous area has become famous within the industry for its industrialisation programme.

The company has planned many plantations and helped producers apply advanced scientific methods to intensify cultivation. As a result plantations in the region can produce up to 9 tonnes per hectare, with some achieving 15 tonnes.

Meanwhile, Long Phu tea company is the biggest in the northern province of Ha Tay and neighbouring Hoa Binh, and purchases around 800 tonnes of fresh tea annually. There are more than 850 households growing around 300ha of tea, with an average capacity between 7 and 13 tonnes per hectare. Many of these households earn up to VND20 million each a year from the crops.

The company has also planted tea in remote areas and encouraged ethnic minorities such as the Thai and H'mong in the northern mountainous province of Son La's Moc Chau District to farm the crops. This is an area where local residents once relied solely upon opium, rice and corn crops.

Thanks to the Moc Chau tea company around 200 local households have now planted 180ha of tea with a strain imported from Japan and Taiwan. The company expects to expand crops by more than 600ha over the next five years.

In the Phu Tho Province, the Phu Ben Joint-venture company last year spent over US$2 million buying tea from local residents and has also planted around 200ha of tea strains imported from Japan, India, Taiwan and China.

The company has upgraded technology in the Phu Tho and Ha Hoa tea factories and now produces 2,800 tonnes of black tea for export each year. In 2000, the company exported 3,230 tonnes of tea, 15.3 per cent more than 1999.

Vietnam currently has about 100 tea workshops processing 70 per cent of tea crops and over 1,200 individual handicraft processors.

Meanwhile, VTC plans to establish two 300,000ha areas for high quality tea in Son La Province's Moc Chau district and the Tam Duong District of Lai Chau Province. It expects to harvest 15 tonnes of fresh tea per hectare from areas, to produce 2,000 tonnes of tea worth up to US$3,000 per tonne and create 1,500 jobs.

VNA
Asia Pulse

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