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Tea price rises 20% due to extreme weather phenomena

Tea consumers are bracing themselves for a rise in the cost of the drink as the harvest in India faces significant challenges due to extreme weather events and regulatory changes, explains the British newspaper The Telegraph, this Tuesday.

The repercussions are already being felt in the market, with tea prices rising to 2.03 pounds per kilogram (2.4 euros at current exchange rates), which represents an increase of 20% compared to It’s last year.

India, one of the largest tea producers in the world, saw its production severely affected by a combination of heat waves and floods. According to the Indian Tea Council, a government agency, tea production in May fell more than 30% from the previous year, reaching a 1990s low. .9 million kilograms in the month. This year, India is expected to export around 100 million kilograms of the product, a drop of seven percent, compared to the record 1.394 billion kilograms it produced last year.

The excessive heat in May, associated with flooding in the state of Assam, in the north of the country, on the border with Bhutan and one of India’s main tea-producing regions, was particularly damaging.

“Extreme weather events are damaging tea production. Excessive heat in May, followed by the current floods in Assam, is reducing production,” explained Prabhat Bezboruah, former president of the Indian Tea Council, to the Telegraph.

The impact of these extreme weather phenomena is worsened by regulatory measures. The Indian government’s decision to ban 20 pesticides has further affected production capabilities. Although this measure aims to promote safer and more sustainable agricultural practices, it has inadvertently increased the challenges faced by tea producers.

Source

Francesco Giganti

Journalist, social media, blogger and pop culture obsessive in newshubpro

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