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Competitiveness and Performance of Tea Exports of India


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1 Assistant Professor, Department of Economics, Government College, Barwala, Hisar, Haryana, India

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The research paper examined the region-wise production growth and major country-wise export growth of Indian tea and reached the conclusion that North India was producing the larger share of total tea production with a compound annual growth rate of 3.24%. India exported tea to various global markets such as Turkey, Ukraine, the UK, the USA, Canada, Australia, Germany, Italy, Belgium, Singapore, and Japan during the period from 1990 - 1991 to 2013 - 2014. Over the decade, India remained at the top position in international tea exports market. The growth index of North and South India during the year 2013 - 2014 was 150.82% and 118.23%, respectively. Tea production of India met the demand of importing countries as well domestic demand. The total tea export of India in 1990 - 1991 was valued at ` 1071.10 crores and in 2013-14, it was valued at ` 4509.09 crores. In country-wise analysis, Turkey with 57.81% CAGR obtained the top position out of all major countries importing Indian tea, followed by Ukraine, Saudi Arabia, other CIS, and Iran. On the basis of country-wise analysis, it can be concluded that the export concentration was in a few countries, which is an issue that needs to be addressed with various policy reforms for the growth of the Indian tea sector.

Keywords

CAGR, Exports, Performance, Production, Statistical Analysis

F1, F14, F17

Paper Submission Date : March 9, 2018 ; Paper sent back for Revision : June 4, 2018 ; Paper Acceptance Date : June 14 , 2018.

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  • Competitiveness and Performance of Tea Exports of India

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Authors

Naresh Kumar
Assistant Professor, Department of Economics, Government College, Barwala, Hisar, Haryana, India

Abstract


The research paper examined the region-wise production growth and major country-wise export growth of Indian tea and reached the conclusion that North India was producing the larger share of total tea production with a compound annual growth rate of 3.24%. India exported tea to various global markets such as Turkey, Ukraine, the UK, the USA, Canada, Australia, Germany, Italy, Belgium, Singapore, and Japan during the period from 1990 - 1991 to 2013 - 2014. Over the decade, India remained at the top position in international tea exports market. The growth index of North and South India during the year 2013 - 2014 was 150.82% and 118.23%, respectively. Tea production of India met the demand of importing countries as well domestic demand. The total tea export of India in 1990 - 1991 was valued at ` 1071.10 crores and in 2013-14, it was valued at ` 4509.09 crores. In country-wise analysis, Turkey with 57.81% CAGR obtained the top position out of all major countries importing Indian tea, followed by Ukraine, Saudi Arabia, other CIS, and Iran. On the basis of country-wise analysis, it can be concluded that the export concentration was in a few countries, which is an issue that needs to be addressed with various policy reforms for the growth of the Indian tea sector.

Keywords


CAGR, Exports, Performance, Production, Statistical Analysis

F1, F14, F17

Paper Submission Date : March 9, 2018 ; Paper sent back for Revision : June 4, 2018 ; Paper Acceptance Date : June 14 , 2018.




DOI: https://doi.org/10.17010/aijer%2F2018%2Fv7i3%2F130153