KENYA TEA
Uniquely Refreshing ... Exceptionally Healthy
Open TendersDeadline: Tuesday 3rd April 2024. All Tenders will be opened immediately after the deadline. |
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During the year 2023, the total export volume increased by 16% (72.58 Million Kgs) from 450.33 Million Kgs recorded in 2022 to 522.92 Million Kgs. Owing to increased volume of exports coupled with favourable exchange rate to the USD and stable prices, the export earnings from tea reached a record of Kshs. 180.57 Billion from Kshs. 138.09 Billion the previous year. This represented a 31% increase in value of exports (Kshs. 42.48 Billion) and is the best earnings ever recorded by the tea industry over the years. During the year, the export unit price was slightly lower in dollar terms at USD 2.47 per Kg compared to USD 2.62 in the previous year. However, due to favourable exchange rate to the USD at 139.85 compared to 117.87 in the previous year, the unit price was much higher at Kshs. 345.32 compared to Kshs. 306.64 in the previous year.