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    Burundi tea revenues up 22 pct in 2011

    Reuters – Tue, Jan 24, 2012

    BUJUMBURA (Reuters) - Burundi's tea export revenues rose 22 percent in 2011 compared with the year before, boosted by high volumes and a better quality of the commodity, a tea board official said on Tuesday.

    The country's state-run tea board (OTB) said it collected $22.2 million from the export of 7,954,346 kg in 2011. It earned $18.2 million the previous year from the sale of 7,318,911 kg.

    "A lot of tea was exported last year following good production. This has had a positive impact on earnings," OTB's export official, Remy Ndayininahaze, told Reuters.

    "The good quality of the crop has also driven up prices on the regional market," he said.

    Landlocked Burundi exports 80 percent of its tea through a regional weekly auction held in the Kenyan port city of Mombasa.

    Ndayininahaze said the export average price climbed to $2.80 per kg in 2011, up from $2.50 in the previous season.

    Tea is the central African country's second-largest foreign exchange earner after coffee and supports some 300,000 smallholder farmers in a nation of eight million people.

     

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