The weekly Mombasa Tea Auction held on the 15th, 16th, and 17th February 2021 had 14.1 million kilograms of tea offered for sale. The amount on offer increased from 13.4 million kilograms offered in the same period last year, and from 14 million kilograms offered in the previous sale.
Of all the tea offered for sale, 13.1 million kilograms were sold compared to 12 million kilograms sold in the same period last year, and 13 million kilograms sold during the previous sale.
The tea auction recorded a slight increase in prices, with a kilogram selling at an average price of $1.96, compared to $1.95 during the previous sale held on 8th, 9th, and 10th February 2021. However, when compared to the same period last year ($1.99) the prices recorded a decline.
Despite the pandemic-related challenges, earnings from Kenyan tea exports in 2020 jumped 15% to KSh130.25 billion from KSh113.45 billion in 2019, according to data from the Kenya National Bureau of Statistics (KNBS).
Kenya’s tea output increased, leading to higher tea exports. The volume of tea exported from Kenya in 2020 rose by 21% to 575.3 million kilograms, from 474.9 million kilograms exported the previous year.