Home / Knowledge / News / Textiles / Coir export volumes increase by 25%
Coir export volumes increase by 25%
Apr '10
Exports of coir within the last few years, was affected by rupee appreciation, declining demand for traditional products and credit defaults by buyers in the US and Europe market. But in the last fiscal, it achieved a remarkable volume growth rate of almost 25 percent.

As per the first round of figures, the performance for 2009-10, surpassed the target of Rs 7 billion by over ten percent. Also, the quantity of export of the last fiscal was higher by 42 percent over its previous fiscal. More so, export realisation for the fiscal under consideration was Rs 7.75 billion as compared to Rs 6.23 billion during 2008-09.

However, the above are not final figures, as two ports have yet not revealed their final figures. More so, while coir has achieved its target, overseas sales of other products have failed to achieve their set targets.

While machine made, PVC tufted mats and coir raw materials, have found an increase in demand, the traditional handloom products of carpets, coir mats and rugs are witnessing a fall in the market share.

With consumers in US and Europe curbing consumption, overseas sales of carpets and coir rugs has reduced by 28 percent in quantity and 32 percent in value, over the previous fiscal. Similarly, coir matting and rubberised coir have also failed to perform well when compared to 2008-09.

In addition, overseas sales of coir raw materials like pith, fibre, yarn and curled coir is witnessing an increasing demand. China and Korea consume huge amounts of curled coir and fibre from India. Also, Chinese importers utilise this fibre to create coir mattress for overseas sales.

With a hold of about 40 percent in the Australian mattress market, China is keen on increasing its market share. For this, Chinese coir importers have also received their government's support in the form of subsidised shipment.

Currently, the local market is worth Rs 15 billion of which rubberised coir mattresses totals to Rs 11 billion. Overseas sales of coir mattresses have also increased by 299 percent in value and 273 percent in volume during 2009-10, compared to the same period last fiscal. Similar is the case with curled coir exports, which has increased by 130 percent in volume and 186 percent in value for the same period.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Courtesy: Commonwealth Bank of Australia

Textiles | On 25th Oct 2016

World’s first cotton shipment using Skuchain’s Brackets

The world’s first trade transaction involving shipment of cotton...

Textiles | On 25th Oct 2016

Cotton yield to increase to 568.29 kg/ha in 2016-17: CAB

At its first meeting for the cotton season 2016-17, the Cotton...

Interviews View All

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search