Export of coir products register whooping increase

08 May '08

3 min read

The export of coir products from India for the financial year 07-08 witnessed a whooping 11.15 per cent increase by exporting 187566 tones in volume. But in rupee terms the export for the period was less by 2 cent compared to previous years figure.

The value wise export is Rs. 592.88 crores. It appears that an average 12.5 per cent appreciation in Rupee against US$ has impacted coir exports.

Even though there are so many hurdles that affected the export of coir and coir products the figures shows a commendable volume growth during the financial year 07-08.

During the same period of the previous year it was of the order of 168755 tones at Rs.605 crores. Shri A C Jose, Chairman, Coir Board informed that had not Rupee appreciation dented Coir exports, the value realization would have gone up to Rs.636 crores

Coir and its products are exported to more than 97 countries the world over. The USA is the single largest market with a share of more than 40% in the total export.

European countries together share more than 41% of the export of coir. About 19% of the remaining export is shared by a number of countries.

The USA, UK, Germany, Netherlands, Italy, Belgium, Australia, France, Spain, Canada, Japan, Greece, Sweden, South Africa, UAE, Portugal, Denmark etc are the major markets of coir and coir products in the globe.

Coir is exported in the form of raw materials like coir fibre, yarn, curled coir etc. furnishing articles like door mats, matting, rugs, carpets, coir rope and rubberized coir and its products, pith based products for agricultural operations and soil erosion control materials – coir geotextiles.

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