:. Food Industry News


Burundi '08 Tea Earnings Rise 36 pct in H1

Source: Reuters
28/07/2008

Bujumbura, July 28 - Burundi's tea export earnings rose 36 percent in the first half of 2008 compared with the same period last year on good quality, an official said on Friday.

Daily News Alerts

The state-run Tea Board (OTB) said it had earned some $6.8 million from January to June after selling 3,171 tonnes of the crop compared to $5 million last year with 3,686 tonnes sold.

"The main reason for this good performance in terms of earnings is the improvement of the quality of our tea", chief of exports at OTB, Joseph Marc Ndahigeze, told Reuters. He added that the average price per kg rose to $2.15 from $1.36 in 2007.

The board projects tea export earnings to reach $13.5 million in 2008 compared with $9.2 million in 2007 due to upgraded processing machinery.

The OTB estimates output in 2008 at some 8,250 tonnes from 7,073 tonnes produced in the previous season, mainly due to good rains and the distribution of fertilizers to farmers.

Tea is the country's second-largest hard currency earner after coffee and employs some 300,000 smallholder farmers.

Burundi exports 80 percent of its tea to Kenya for sale at a weekly auction held in the Kenyan port city of Mombasa.



GO   View more articles on this subject

Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
Kenya Tea Prices Fall on Lower Demand, Quality
Kenya Tea Farmers to Earn $260 mln as Costs Rise
Kenya Sells 220 Million kg Tea in Jan-Sept
Kenya Tea to Earn Record $684 mln in 2008
Kenya Sees Boost for Farm Exports to Japan
Dry Weather, Frost Cut Kenya Tea Output by 21 pct
Brooke Bond to Buy Out Kenyan Unilever Tea
Kenya H1 Tea Sales Fall 21 Pct to 153 Million Kg
Kenya's Tea Auction Sells 68.5 Million Kg in 1st Quarter
Tea Prices to Maintain Upward Trend in 2008

More in Food Industry News
Wal-Mart's Scott Retiring as CEO, Duke to Succeed
Nestle Says Gaining Share in UK Sweets Market
Istrabenz May Sell 95% Stake in Leading Slovenian Food...
Organic To Go Teams with Jamba, Inc.
Heinz Reports 5.8% Organic Sales Growth, and a 22.5%...
The J. M. Smucker Company Announces Second Quarter...
Mexico Dairy and Products Annual Report 2008
Russia: Synergy Continues to Realize its Export Development...
France: Unilever's Amora-Maille to Concentrate Industrial...
Japan Retail Food Sector Annual Report 2008

Top Headlines
Wal-Mart's Scott Retiring as CEO, Duke to Succeed
Nestle Says Gaining Share in UK Sweets Market
Istrabenz May Sell 95% Stake in Leading Slovenian Food...
Organic To Go Teams with Jamba, Inc.
Heinz Reports 5.8% Organic Sales Growth, and a 22.5%...
The J. M. Smucker Company Announces Second Quarter...
Mexico Dairy and Products Annual Report 2008
Russia: Synergy Continues to Realize its Export Development...
France: Unilever's Amora-Maille to Concentrate Industrial...
Japan Retail Food Sector Annual Report 2008
Codex Agrees Risk Analysis Principles for Nutrients
Over 1,000 Melamine Babies Still in China Hospitals...
Lotte Says no Plan to Buy InBev's South Korea Unit
India Cuts 2008/09 Coffee Output Estimate by 5.6 pct
Fonterra Revises Payout Forecast for 2008/09 Season
PepsiCo to Invest $3 Bln in Mexico
Australian Beverages Seen Quenching Brewers' M&A...
Sugar Weakens on Bleak Global Economic Outlook
Flavors Business and the Developing World to Fuel IFF's...
Ebro to Sell Sugar Unit to British Sugar
China Lays Out Plan for Dairy Industry Reforms by End...
Healthy Coffee Accelerates International Expansion...
Bonduelle Completes Purchase of Belgian Canned Vegetable...
Beverages Comprising a Rice Extract, Derivatives Thereof,...
Infant Nutrition With Protease Inhibitor
Process for the Separation and Sensory Evaluation of...


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228