Tea export from Kenya to Azerbaijan down

Tea export from Kenya to Azerbaijan has decreased, reported from Businessdailyfrica.com.

The article 'How Russia-Ukraine war hurts Kenya tea exports' states that the volume of tea exported from Kenya to Azerbaijan, Russia, Kazakhstan, Kyrgyzstan and Uzbekistan has dropped significatly this year.

At the beginning of the year, it cost a tea exporter about Sh357,000 ($3,000) to ship a 40-foot container to Russia, Kenya's fifth biggest market for the beverage.

Today, it is about Sh952,000 to the nation and other neighbouring regions around the Black Sea, reads the article.

The sharp rise in cost has been occasioned by the longer distance that the ships have to navigate to reach their final destination following the closure of the Black Sea route.

The war, which broke out towards the end of February, disrupted movement and cut demand for the beverage to several countries that used the Black Sea as their main shipping route.

The waning demand has seen the price of the beverage remain low at the auction with a kilo on average fetching $2.22 in the sale last week.


www.anews.az