From July to November in the 2023-24, Pakistan saw a substantial 44.6 percent boost in tea imports, reaching Rs. 79.81 billion compared to Rs. 55.2 billion in the very same duration the previous year.
This increase totaled up to 116,407 lots of tea, marking a 15.6 percent boost from the 100,680 heaps imported throughout the matching duration in 2015.
In November, there was a notable 23.9 percent year-on-year development in tea imports, however a 6.7 percent decline from October 2023, amounting to Rs. 16.4 billion.
In spite of a decrease in global tea rates over the 5 months compared to the previous year, the 44 percent boost in the rupee worth is credited to substantial currency decline throughout the year. In dollar terms, the increase in tea imports was a more modest 11 percent.
It’s essential to highlight that Pakistan keeps its position as the world’s biggest tea importer, generating an overall of 231,449 lots of tea valued at Rs. 139 billion or around $500 million throughout the 2022-23.
In spite of federal government efforts to in your area cultivate tea in the Mansehra area of Khyber Pakhtunkhwa, considerable arise from these efforts are yet to be understood.