| Today the ownership of
the country’s tea lands and processing
plants (better known as factories) are in private
hands. There was a period from 1975 to 1992
when the industry was mostly under the ownership
of the government. However, following an aggressive
privatization programme launched in 1992 resulted
in the change over to private ownership.
Approximately 55% of Sri Lanka’s production
is low growns whilst of the balance, 25 - 28%
is accounted for by the high growns, leaving
the smallest harvest from the mid growns. In
short, 60% of the production is from 40% of
the area under tea, which is the smallholder
segment. Teas grown in these areas are high
yielding compared to the older bushes in the
larger extents of the high and mid grown districts.
Exports are dominated by the Middle East accounting
for approximately 55% of the total. Low growns
dominate the exports to this part of the globe.
Sri Lanka now has a 22% export market share
in the global exports of producing nations and
commands the top position. Russia/CIS heads
the list of importing countries with a 24% share
and has been holding this position for the last
5 years and more. |