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Report on the world tea economy (English)

This study is designed to improve the Bank's understanding of the world tea economy and provide help in making operational decisions. Its objective is to analyze the past and expected (1980) world market demand, supply and price situation on the basis of existing studies. The study places special emphasis on a comparison of supply and demand conditions in major tea producting countries. It focuses more on Ceylon and East African countries since their expansion is mainly exxport orientated. In India a large share of the expansion in output goes into domestic consumption. In most case it will be the relative efficiency of production which will determine to what extent these countries will be able to face future adjustment prerequisites of the world market. The recent decline in world tea prices has led exporters to seek an international tea agreement based on export quotas. The history and prospects of such an agreement are discussed. Finally, an attempt is made to indicate strategy for future investment in expanded or improved production of tea.




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Report on the world tea economy (English). Central Economics staff series ; no. EC 178 Washington, D.C. : World Bank Group.