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Ethiopia witnesses 34 % growth in tea industry
Ethiopia’s tea industry recorded a 34 percent growth in the 2023/24 fiscal year, with exports surpassing 1,142 tons and generating US$ 2.33 million in revenue. This marks an increase of 292 tons compared to the previous year’s exports.
Despite exporting 50,000 tons of tea leaf, there is still untapped capacity in the sector. Historically, Ethiopia’s tea production was limited to 5,000 hectares of land, with foreign exchange earningsnever exceeding US$3 million annually.
In an effort to expand the industry, 460 million tea saplings were planted across 30,000 hectares during the2023/24 fiscal year.This follows a 2016 initiative that saw over 7,813 hectares planted with tea seedlings, contributing to anationwide total of more than 48 million seedlings.
Tea is recognized as a strategic crop providing both foreign exchangeearnings and employment opportunities.
Source: African Business News (Extracts), Courtesy: Tea Exporters’ Association Sri Lanka
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