Wednesday, March 31, 2010

Industry Insight - Agribusiness

Burundi: The tea export earnings jumped by 70% in February 2010 from the same month a year earlier, boosted by higher volumes, prices and the quality of the crop, according to the Burundi Tea Board. The country exported 980 tonnes worth USD 2.8 million last month, up from 818 tonnes worth USD 1.6 million a year earlier. The Tea Board projects tea output will reach 7,600 tonnes this year, up from the 7,000 tonnes produced in 2009, partly due to good rains and an increased use of fertilizers.