India Overcomes The Tea Import Gap In Russia

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russia import export data

 The economic crisis in Sri Lanka and the conflict between Russia and Ukraine have increased the demand for tea in the Russian market.

Russia begins importing Indian tea products to meet the demand, and as a result, Russia becomes to be a significant export market for Indian tea.

There is a second factor for why Russia is preferring Indian tea over Kenyan tea, which is that Kenyan Tea is significantly more expensive than Indian Tea.

As per the latest India Import Export Data, India has overcome the deficit in Russian tea imports during the past eight months, and the Indian tea export industry is booming and expanding its export by 5%.

Russia prioritizes orthodox tea over other types of tea and buys the common type of CTC Tea.  

As per the statement of Mr. Mohit Agarwal the director of Asian Tea Management, Currently, Russia is purchasing tea from South India which contains less price as compared to Assamese Tea. Consequently, the realization of unit price has decreased.

Sufficient for now, Gather the most prominent Import Export Data  market report through the best Global Import export data provider. 

For more information related to the Indian Tea sector click on the link and check the sample of Indian Tea Export data 

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