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India export of coir and coir products touch INR 2757 crore during 2019-20

India export of coir and coir products touch INR 2757 crore during 2019-20

The export, of coir and coir products from India worth INR 2757.90 crore for the year 2019-20, registers an all-time high record, which is around INR 30 crore higher than that of the last year i.e. 2018-19 which stood at Rs. 2728.04 crore.

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NEW DELHI, 15 July 2020: The export, of coir and coir products from India worth INR 2757.90 crore for the year 2019-20, registers an all-time high record, which is around INR 30 crore higher than that of the last year i.e. 2018-19 which stood at Rs. 2728.04 crore.

Over 988,996 metric tonnes (MT) of coir and coir products were exported during the year 2019-20 from the country as against 964046 MT exported during the preceding year, ministry of micro, small & medium enterprises (MSME) said in a statement.

While the exports of coir pith, tufted mats, coir Geo-textiles, coir rugs and carpets, coir other sorts, coir rope and power-loom mats registered growth both in terms of quantity and value.

The products like hand-loom mats, coir yarn, rubberized coir and power-loom matting showed decline in terms of quantity and increase in terms of value.

Coir pith with export earnings of Rs. 1349.63 crore constituted 49 percent of the total export of coir products from the country, while coir fibre with an export of INR 498.43 crore constituted to 18 percent of the total exports.

The value added items put together constituted 33 percent of the total exports.

Tufted Mats topped among the value added products (20 percent in value).

The export of coir and coir products never showed decrease during the period, which shows there is no chance for the coir entrepreneur to worry about the business.

The domestic market for coir and coir products also shows an increasing trend.

Exports are made through several ports of India out of which around 99 percent of the Exports of Coir and Coir Products are made through Tuticorin, Cochin and Chennai Ports.

The other main ports of export of coir and coir products are Vishakapattanam, Mumbai, Kolkata etc. Small quantities of exports were made through roads from Kannur, Coimbatore and Rexual.

The port-wise details of exports are as under;

 

   Port-wise Export (2019-20)

 
 

Sl. No.

Port/ Place of Export

Qty.

(MT)

Value

(Rs. Lakhs)

 

1

Tuticorin

519144

122910.39

 

2

Cochin

217930

107023.69

 

3

Chennai

238970

43159.93

 

4

Vishakapatanam

11578

1871.26

 

5

Mumbai

1145

596.15

 

6

Kolkata

113

131.89

 

7

Bangalore

41

58.19

 

8

Others (By Road)

75

38.63

 

 

Total

988996

275790.13

 

Image credit: wonolanka.com

 


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