The weekly Mombasa Tea Auction held on the 19th and 21st October 2020 had 9.5 million kilograms of tea offered for sale. The amount on offer increased from 9.2 million kilograms offered in the same period last year, and 9.08 million kilograms offered in the previous sale.
Of all the tea offered for sale, 8.7 million kilograms were sold compared to 8.6 million kilograms sold in the same period in 2019, and 7.95 million kilograms sold in the previous sale.
The tea auction recorded an increase in prices with a kilogram selling at an average price of $1.92 compared to $1.87 during the previous sale held on 12th and 13th October 2020.
Meanwhile, Kenya’s tea exports fell by 14,000 tons in the first eight months of 2020, attributed to a decrease in the demand for the produce in the world market. According to data from the Tea Directorate, export volumes for tea for the period dropped from 337,000 tons in 2019 to 323,000 tons in 2020. This was a result of a 7% drop in exports to Pakistan and a 14% drop in exports to Egypt.