Export of Coir reaches all time high record of Rs 1476 Crore
Export of coir and coir products during the year 2013-14 achieved an all-time high record of Rs 1476 crore, Coir Board Chairman Prof. G. Balachandran said today.
During the previous financial year, the exports were Rs.1116 Cr. During 2013-14, the exports of coir products achieved 32% growth in value. 5,37,040 MTs of coir products were exported during 2013-14 as against 4,29,501 MTs during the previous year. The increase recorded was 25%. Coir fibre, yarn, tufted coir matting, geotextiles and coir pith have shown increase in exports. Coir handloom mat recorded a negative growth of 6.38%.
Coir rugs and carpets also recorded negative growth of 2.11% in quantity and 20.54% in value. Export of coir pith has gone up progressively and reached an all-time record of Rs.342 Cr. during 2013-14. However, the export of coir pith from Kerala was nil. Export of coir fibre to China has also increased progressively. The value has reached Rs.329 Cr. by recording 59% growth in export of coir fibre from the previous year.
China tops the list in export of coir from India. During the year 2013-14, 24.42% of the total export of coir and coir from India was to China. During the preceding years, USA was top in the list.
During 2013-14, 1,92,110 MTs of coir fibre valued at Rs.360.5 Cr. was exported to China which is 36% in quantity and 24.42% in value of the total exports.
The US stands in the second place with 55,091 MTs of coir products valued at Rs.300 Cr. were exported. This accounts for 10.26% in quantity and 20.34% in value. Coir products were exported to 103 countries from India during the year 2013-14. Prof. G. Balachandran, expressed concern on the large export of coir fibre to China in large scale. He said that the State Government has to take immediate steps to send value added products to China instead of exporting raw-materials.
He apprehended that there is every possibility that China will endeavour to make value added produces with the fibre imported from India and re-export those items to India and other countries posing threat to Indian coir products.
Out of the total fibre production in the country, about 60% is contributed by State of Tamil Nadu. Kerala is also largely depending on Tamil Nadu for its fibre requirements.
(Posted on 12-05-2014)