Business

Weekly Tea Auction Records Slight Increase in Prices

The weekly Mombasa Tea Auction held on 14th, 15th, and 16th March 2022 had 12.9 million kilograms of tea offered for sale. The amount on offer decreased from 13.3 million kilograms during the previous sale, but increased from 12.6 million kilograms during a similar period last year.

Of all the tea offered for sale, 11.5 million kilograms were sold compared to 10.7 million kilograms sold during the previous sale, and 11.3 million kilograms sold during the same period last year.

The tea auction recorded a slight increase in prices, with a kilogram selling at an average price of $2.30, compared to $2.29 during the previous sale held on 7th, 8th, and 9th March 2022, but increased from $1.89 during the same period last year.

Image courtesy; Africa Tea Brokers

See Also:

Kenya Seeks to Increase Tea, Coffee, & Flower Exports to Saudi Arabia


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