Despite the decrease in export quantity, the ‘free on board’ (FOB) value per kilogram increased significantly to Rs. 1,773.70 ($ 5.87), reflecting a rise of Rs. 158.39 ($ 0.80) compared to July 2023.

The cumulative exports from January to July 2024, however, showed positive growth, totaling 140.47 million kilograms, an increase of 5.48 million kilograms year-on-year.

Notably, while tea packets and green tea saw declines, bulk tea and tea bags recorded positive variances, contributing to the overall export growth.Iraq remained the top importer of Ceylon Tea, although its imports slightly decreased by 2% year-on-year