After a decline in tea exports last year, overseas shipments of the beverage are expected to go up this year (2013), according to the Tea Board of India. Export of tea is slated to touch 220 million kilogram in 2013 due to good demand from Iran and CIS nations.
Last year in 2012, exports had fallen to a low of 210 million kilogram from 215 million kilogram in 2011. Fall in exports in 2012 was largely due to problems in Iran because of US-led sanctions against the country over its nuclear program. But the demand for tea worldwide is rising and prices were expected to firm up during this financial year.