National tea sale averages record significant increase in January 2023

National tea sales average for the month of January 2023 recorded Rs. 1,466.76 (USD 4.04). In comparison to the January 2022 average of Rs. 704.67 (USD 3.51), showing a significant increase of Rs. 762.09 YOY, Forbes & Walker Research said.

They further said: “When analysing the respective elevational averages for the month of January 2023 – High Grown average of Rs. 1,395.03 (USD 3.84) has recorded an increase of Rs. 35.25 month on month vis-à-vis Rs. 1,359.78 (USD 3.74) of December 2022. When compared to January 2022 average of Rs. 680.56 (USD 3.39), another significant increase of Rs. 714.47 is recorded YOY.”

“Medium Grown average totalling Rs. 1,242.82 (USD 3.42) for January 2023 has recorded a marginal increase of Rs. 04.96 month on month vis-à-vis Rs. 1,237.86 (USD 3.40) of December 2022. When compared to January 2022 average of Rs. 626.73 (USD 3.13), shows an increase of Rs. 616.09 YOY.”

“Low Grown average of Rs. 1,544.39 (USD 4.25) of January 2023 has recorded a marginal increase of Rs. 10.12 month on month vis-à-vis Rs. 1,534.27 (USD 4.22) of December 2022. When compared to January 2022 average of Rs. 733.69 (USD 3.65), shows an increase of Rs. 810.70 YOY.”