Rwanda Tea Fetched Highest Price Ever in The History at Mombasa Tea Auction
African nations like Kenya, Burundi, Malawi & Rwanda are well known for their coloury, strong CTC (Cut/Tear/Curl) Black teas goes very well with milk and sugar. As Trade Mark East Africa had reported, Nyabihu Tea Factory majorly owned by Rwanda Mountain Tea Ltd, fetched a record price of US$7.22 per kg for its processed tea at the Mombasa auction, Kenya this month.
At the 45th auction of the East Africa Tea Trade Association (EATTA), the company’s ‘BP1 grade’ (CTC)– the highest quality – earned the highest bid two times in a row, reports New Times, Rwanda.
Thushara Pinidiya, the Director of Nyabihu Tea Factory mentioned, “We follow basic, but best principles of manufacturing. Farmers also play a big role because they supply us with tea leaves whose quality determines the quality of tea we produce.”
The recent highest bid in October at the Mombasa auction was earned by the same tea processing company at US$6.64 per kg. In October, Rwandan teas were sold to UK, Pakistani, Egyptian, Kazakhstani, Afghanistan and Middle East markets among others.
Nyabihu Tea Factory is based in the Nyabihu District, Western Province with tea plantation covering at 1,043.54 hectares. According to the National Agricultural Export Development Board, In October Rwanda sold 1,968,267 kgs of tea at an average price of US$3.07 per kilo at the Mombasa tea auction. It was followed by Kenya which sold the biggest volume of 33,971,386 kilos at an average price of US$2.33 per kilo.
The same period last year, Rwanda sold 1,708,711 kilos at an average price of US$2.72 per kilo followed by Kenya that had sold 34,098,480 Kilos at an average price of US$2.42. So both the quantity and the average price have gone up for Rwandan tea.
Last year, the company sold 1.5 million kilos of tea with Thushara mentioning that they anticipate to sell 1.8 million kg and 2 million kg in 2019 and 2020, respectively.
Even though I am a Sri lankan tea professional, I never restrict my site only for Ceylon Tea. It’s my great please to share tea news from Africa on behalf of poor African tea workers. I have published posts related to all most all tea origins in the world including uncommon origins like USA, UK, Netherlands etc.
Read my post on a modern green tea factory in Rwanda: http://www.teawithnipun.com/news/a-new-green-tea-factory-from-rwanda/
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References
1.Original Post: https://www.trademarkea.com/news/rwandas-tea-factory-fetches-highest-price-in-history-at-mombasa-tea-auction/
2.More About Nyabihu Tea Factory: http://rwandamountaintea.com/responsive/english/group-companies/article/nyabihu-tea-factory?lang=en
Charles w kimani
November 29, 2019 @ 3:05 pm
very informative
admin
July 19, 2020 @ 4:53 am
Thank You !