Vietnam tea exporters enjoy record year
Tea exports in the past eleven months reached 118,000 tonnes, earning US$197 million, increasing 7.1% in volume and 4.3 % in value compared to the same period last year.
 |
However, the tea price for exports in the first ten months decreased nearly 14% compared to the same period last year, to US$1,656 per tonne on average.
According to the Vietnam Tea Association (Vitas), export value for the whole year is expected at $235 million, with 46 % from green tea and 53 % from black tea.
Top tea importers of Vietnam include Afghanistan, Indonesia, Russia, Pakistan, Taiwan, the US, mainland China, the UK and the United Arab Emirates (UAE).
Pakistan was the top consumption market of Vietnamese tea in the first ten months of the year, accounting for 34 % of market share. Export volume to the market increased 1.8 % but declined 8.7 % in value compared to the same period last year.
Markets whose tea imports increased include China, Indonesia and Malaysia.
The association also predicted that tea export volume would increase by 10 % next year. However, according to Vitas, to meet the expectation, co-operation between central and local relevant agencies is required, such as planning tea plantation land and processing units with suitable capacity.
The association also suggested tight control for safe tea production, as well as supporting policies for enterprises and farmers in production, investment and material purchase.
The Hai Quan (Customs) newspaper quoted Nguyen Thi Anh Hong, Vitas vice president, as saying that ASEAN was becoming a more important market for the Vietnamese tea sector.
In the last five years, Indonesia, Malaysia and Singapore have always been in the top 10 importers of Vietnamese tea. However, Indonesia imports lower grade tea compared to the two other countries, but with a larger volume.
Besides the three countries, Thailand is emerging as an important importer of Vietnamese tea, she said.
Among tea importers, Pakistan remains a stable import market. Meanwhile, export to Taiwan’s market faced a lot of difficulties due to the exceptionally strict conditions on residues in plant protection products. However, the problem was solved after the MARD’s National Agro-Forestry Fisheries Quality Assurance worked with the Taiwan side. Taiwan raised the permitted residue levels, therefore, tea exports, especially, jasmine tea, to the market have improved, she added.
