KETEPA Managing Director Albert Otochi showcasing the new orthodox and purple teas. Drought and dollar exchange rate volatility negatively affected the performance of Kenya's tea exports in 2022. PHOTO | FILE | NMG
Kenya’s earnings from tea exports are expected to drop next year as production edged down and average prices of the commodity slid, the industry lobby has warned, citing a number of reasons including irregular weather.
Edward Mudibo, managing director of the East African Tea Trade Association, said drought and dollar exchange rate volatility negatively affected the performance of exports in 2022, both of which could lead to low dividends to farmers next year.
