{"id":69198,"date":"2022-09-23T12:18:28","date_gmt":"2022-09-23T12:18:28","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis"},"modified":"2022-09-23T13:02:45","modified_gmt":"2022-09-23T13:02:45","slug":"kenyas-tea-exports-stable-despite-pakistan-floods-crisis","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis","title":{"rendered":"Kenya\u2019s tea exports stable despite Pakistan floods crisis"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Kenya. <\/strong><\/span>Kenya\u2019s tea exports to top market of Pakistan remain stable, auction managers have said, despite catastrophic flooding in the South Asian country which has affected millions of people.<\/p>\n<p>Pakistan is the biggest export destination for Kenya\u2019s tea, taking up 38 per cent of the total weekly sales at the Mombasa Tea Auction.<\/p>\n<p>It is followed by Egypt (18%), the UK(9%), UAE, Russia and Sudan each five percent, Yemen (3%) while Afghanistan and Poland each take up two per cent share of the exports.<\/p>\n<p>Iran is at the lower end with one per cent with the rest of the world taking up the remaining.<\/p>\n<p>\u201cWe have not seen any impact on exports so far. The market is still stable and since it\u2019s a food, tea continues to be consumed,\u201d East African Tea Trade Association (EATTA) managing director Edward Mudibo told the Star<\/p>\n<p>Pakistan has been battered by drastic weather extremes since the start of the year, with recent floods that have left a third of the country underwater creating a humanitarian crisis.<\/p>\n<p>The country has also experienced an economic downturn this year.<\/p>\n<p>In mid-June, the Pakistan population was asked to reduce the amount of tea they drink to keep the country&#8217;s economy afloat.<\/p>\n<p>It is one of the world&#8217;s largest importer of tea, buying in more than $600million (Sh71.9 billion ) worth of the commodity last year.<\/p>\n<p>Sipping fewer cups a day would cut Pakistan&#8217;s high import bills, senior minister Ahsan Iqbal had said, a time when the country was struggling with depleted foreign currency reserves.<\/p>\n<p>The South Asian country\u2019s foreign exchange reserves dropped from around $16 billion (Sh1.9 trillion) in February, to less than $10 billion (Sh1.2 trillion) in the first week of June, which was barely enough to cover the cost of two months of all its imports.<\/p>\n<p>&#8220;I appeal to the nation to cut down the consumption of tea by one to two cups because we import tea on loan,&#8221; Iqbal was quoted by local media.<\/p>\n<p>This however did not affect Kenyan exports as uptake remained high.<\/p>\n<p>\u201cWe were afraid that the move would have affected export of teas from Kenya but there hasn\u2019t been any significant indication that the purchases or the demand has gone down,&#8221; Mudibo said.<\/p>\n<p>He added that the beverage is also treated as a food item and is part and parcel of the country&#8217;s culture.<\/p>\n<p>&#8220;They have gotten roped to the good Kenyan tea,\u201d he said.<\/p>\n<p>Meanwhile, tea auction prices have sustained a good run remaining above the preferred two-dollar mark at the weekly Mombasa auction.<\/p>\n<p>This week, average price increased to $2.25 (Sh 271.35 )when compared to last week when it fectedh $2.24 (Sh 270.14 ).<\/p>\n<p>The total volume traded for was 271,269 kilos more than last week\u2019s.<\/p>\n<p>\u201cGood demand prevailed with prices irregularly closely following quality for the 185,248 packages (12,244,672.00 kilos) on offer. 123,280 packages (8,088,644.00 Kilos) were sold with 33.52 per cent of packages remaining unsold,\u201d EATTA says in its weekly report.<\/p>\n<p>Pakistan Packers, Yemen and other Middle Eastern countries lent strong support with more but selective interest from Afghanistan, Kazakhstan and other CIS states.<\/p>\n<p>Egyptian Packers maintained inquiry but at lower levels while UK, Sudan and Bazaar showed selective interest.<\/p>\n<p>\u201cRussia and Iran were quiet while Local Packers showed some activity. Somalia operated at steady rates at the lower end of the market,\u201dMudibo noted.<\/p>\n<p>The strong dollar to the shilling, which exchanged at 120.56 on Friday, has seen farmers continue to earn more from the crop.<\/p>\n<p>Tea remains a key foreign exchange earner for Kenya.<\/p>\n<p>It accounted for 19.6 per cent of export volumes and was valued at Sh130.9 billion last year, the Economic Survey by the Kenya National Bureau of Statistics indicates.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/kenya\">Kenya<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Kenya. Kenya\u2019s tea exports to top market of Pakistan remain stable, auction managers have said, despite catastrophic flooding in the South Asian country which has affected millions of people. Pakistan is the biggest export destination for Kenya\u2019s tea, taking up 38 per cent of the total weekly sales at the Mombasa Tea Auction. [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":69196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[6857,7003,544],"class_list":["post-69198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-kenya","tag-kenya"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kenya\u2019s tea exports stable despite Pakistan floods crisis - kenya<\/title>\n<meta name=\"description\" content=\"Kenya\u2019s tea exports to top market of Pakistan remain stable, auction managers have said, despite catastrophic flooding i ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kenya\u2019s tea exports stable despite Pakistan floods crisis\" \/>\n<meta property=\"og:description\" content=\"Kenya\u2019s tea exports to top market of Pakistan remain stable, auction managers have said, despite catastrophic flooding i ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-23T12:18:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-23T13:02:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2022\/09\/postQueueImg_14-632dae4267ff7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"479\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Kenya\u2019s tea exports stable despite Pakistan floods crisis\",\"datePublished\":\"2022-09-23T12:18:28+00:00\",\"dateModified\":\"2022-09-23T13:02:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis\"},\"wordCount\":628,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2022\/09\/postQueueImg_14-632dae4267ff7.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/kenyas-tea-exports-stable-despite-pakistan-floods-crisis\",\"name\":\"Kenya\u2019s tea exports stable despite Pakistan floods crisis - 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