{{Burundi\u2019s tea export earnings fell 8 percent in the first quarter of 2014 from a year ago, due partly to a higher production from neighbouring Kenya, the biggest regional producer of black tea, the country\u2019s tea board said on Friday.}}<\/p>\n
State-run tea board (OTB) said it has collected $5.40 million between January and March from the export of 2,306,702 kg, down from $5.88 million earned the same period in 2013 from the sale of 1,984,806 kg.<\/p>\n
\u201cPrices of Burundi\u2019s tea fell, affected by a stronger Kenya output and this also impacted negatively earnings,\u201d said OTB\u2019s export official, Joseph Marc Ndahigeze.<\/p>\n
Kenya – the world’s leading exporter of black tea -influences the regional market as the biggest East African economy alone produces 80 percent of the commodity in the region, Ndahigeze told Reuters.<\/p>\n
The landlocked nation exports 80 percent of its commodity through a regional weekly auction held in the Kenyan port city of Mombasa.<\/p>\n
The average export price per kg for Burundi\u2019s tea dipped $2.34 from $2.97, the tea board report showed.<\/p>\n
Tea is the second biggest hard currency earner after coffee and employs some 300,000 smallholder growers in a nation of nearly 10 million people.<\/p>\n
Revenue from the commodity dropped to $20.8 million in 2013 from $26.3 million in 2012, depending on a weaker world market.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Burundi\u2019s tea export earnings fell 8 percent in the first quarter of 2014 from a year ago, due partly to a higher production from neighbouring Kenya, the biggest regional producer of black tea, the country\u2019s tea board said on Friday.}} State-run tea board (OTB) said it has collected $5.40 million between January and March from […]<\/p>\n","protected":false},"author":3,"featured_media":2000052948,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[99],"byline":[170],"hashtag":[],"class_list":["post-15241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-greatlakesnews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000052948,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton15241.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton15241.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton15241.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton15241.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton15241.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton15241.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/15241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=15241"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/15241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000052948"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=15241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=15241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=15241"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=15241"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=15241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}