1860s
- A 19 acre tea plantation was started in Kandy by James Taylor, marking the birth of the Ceylon Tea Industry.
in export revenue in 2021
Most Valued Tea Exporter in 2020
of Tea has been Grown in Sri Lanka
of Ceylon Tea was exported in 2021
The Colombo Tea Auction is the single largest tea auction in the world. Auctions are held every Tuesday and Wednesday,except during the New Year and at Christmas. Around 6.5 million kilograms are sold weekly.
The first Tea Auction in Colombo was held on 30th July 1883 in the office of Somerville & Co. The Auction itself was only modestly successful with only one lot of Kabaragala un-assorted tea being sold.
COVID-19 changed the 137 year old Colombo Tea Auction from its famous outcry system to a digital auction system. The Sale No. 12 of 2020 which was scheduled as a manual auction for 24/25 March 2020 eventually commenced on 4 April 2020 as an electronic auction. The first auction took five days as the users had to be trained so they could adopt the technology. With the users being trained on several occasions, today's e-Auction is held for two days per week.