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Tea exporters cautiously optimistic as Israel-Iran ceasefire lifts demand

With Iran-bound orders resuming and auction prices rising, Indian tea producers and exporters remain hopeful even as shipments move slowly

According to industry estimates, in 2024, tea imports from Nepal stood at 15.95 million kg (mkg). A significant quantity was of the orthodox variety that competes with the Darjeeling tea. In 2024, Darjeeling tea production was at 5.6 mkg.
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In 2022, tea exports to Iran stood at 22.21 mkg. This dropped to 5.92 mkg in 2023 as Iran stopped registering contracts for Indian tea.

Ishita Ayan Dutt Kolkata

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The ceasefire in the Israel-Iran conflict has brought a sense of cautious optimism among Indian tea producers and exporters, who had seen orthodox tea prices slide amid rising tensions.
 
Orthodox tea prices had declined in the wake of the crisis but are now showing signs of recovery, even as exporters and traders reassess risks and the demand outlook.
 
At the Kolkata auctions held this week, the average price of orthodox leaf teas was Rs 290.66 per kg, compared to Rs 269.40 per kg last week. Moreover, 78.55 per cent of the teas on offer were sold at the