Asia Siyaka Commodities Plc said tea production in May increased to 24.54 million kilos, up 14% compared to April 2024. However, despite this monthly rise, the overall production for May 2024 declined by 8.5% compared to the same period last year, indicating a broader trend of reduced tea yields.

“The high-grown tea crop saw the sharpest decline of 18.6% year-on-year (YoY) to 5.88 million kilos, whilst medium-grown production experienced a decline of 8.9% YoY decrease to 4.4 million kilos.

The low-grown crop saw a marginal decline of 3.4% YoY to 14.26 million kilos, relatively better compared to the other two elevation categories