Lankan tea booms in Las Vegas
Record price of Rs. 7,150 per kilogram in US auction:
Ramani Kangaraarachchi
Ceylon specialty tea has achieved an unprecedented boost in USA
following the promotional venture organised by the Sri Lanka Tea Board
along with industry stakeholders at World Tea Expo Event in Las Vegas in
June this year.
One of the winning teas namely Vithanakande tea from Sabaragamuwa was
sold for a record price of US$70 (Rs 7150) at the auction in Las
Vegas,USA.
Director, Tea Promotion, Hasitha De Alwis said consumer demand for
specialty tea will increase at a rate of 5-6 per cent per annum and it
is one of the growing sectors of the USA market.
He pointed out that the current pace of growth, tea sales in USA will
certainly exceed US$ 10 billion US in three years time from current US$
6 billion level. The exports of Ceylon Tea to USA is around 3,500 mt per
annum generating a revenue of Rs 2 billion and the potential for future
expansion is extremely promising.
Chairman Sri Lanka Tea Board Lalith Hettiarachchi said the
promotional venture in USA is an ideal example of a successful
public-private partnership and highlighted that green leaf suppliers are
today being paid more than Rs 70 per kg by many factories when the green
leaf only realised about Rs.30 per kg a few years back.
“It is a novel project to popularise straight line garden marks from
Sri Lanka to the US end users.
This special promotion mainly targeting the tea houses, tea salons
and tea rooms in USA will directly benefit the producers and the green
leaf suppliers of Sri Lanka to fetch higher prices, he said.
Entries were called by the Sri Lanka Tea Board from tea manufacturers
and factories for the Ceylon specialty Estate Tea of the Year in January
where nearly 410 entries representing seven agro climatic regions and
green tea sector were received. The final 48 entries were selected for
the world event. The following selection of winners were conducted by
Tea Professionals nominated by USA Tea Association. |