Review of export performance of coir and coir products from India during the period from April- 2013 to March-2014
A total quantity of 5,37,040.38 MT of coir and coir products valued at Rs.1476.04 crores was exported from the country during the period April 2013 to March 2014 as against an export of 4,29,500.92 MT valued at Rs. 1116.02 crores achieved during the corresponding period of previous year. There is an overall increase of 25% in quantity and 32% in value over the export achieved during the corresponding period of the previous year. The target fixed for coir & coir products for the year 2013-14 by the Ministry of MS&ME, Govt. of India, New Delhi, is Rs.1000 crores. The achievement upto March 2014 during the year is 147% of the target fixed by the Govt. of India which is an all time high in the history of coir industry.
Export Trend in General
During the period April 2013 to March 2014 export of Coir Fibre, Coir Yarn, Powerloom Mat, Handloom Matting, Geo-Textiles, Coir Rope, Curled Coir, Rubberized Coir, Coir Pith and Coir other sorts have shown an increase both in terms of quantity and value when compared to the previous year. The item Coir Rugs & Carpet has shown negative growth both in terms of quantity and value when compared to the figures of the previous year. Handloom mat have shown decrease in terms of quantity and an increase in terms of value. During the year 2004-05 the export was valued at Rs.473.40 crores and now the export has increased by more than three times and reached 1476.03 crores during the year 2013-14.
Composition oF Export
Tufted mats constituted 8.15% in terms of quantity and 28.30% in terms of value during the period under review and it is one of the major items of coir product exported from India. Coir pith constituted 50.55% in quantity and 23.15% in value, Coir Fibre constituted 32.38% in quantity and 22.27% in value, Handloom mats constituted 4.21% in quantity and 16% in value. The table showing the composition of export of coir for the period April 2012 to March 2013 in quantity
Among the items of export, the items which showed major increase in terms of percentage growth in quantity and value and also declining trend are detailed below:-
Export of this item has increased from 140692.93 M.T to 173901.72 M.T in quantity (24%) and in terms of value it increased from Rs. 20707.66 lakhs to Rs.32878.11 lakhs (59%) when compared to the corresponding period of the previous year.
Export of this item has increased from 4202.31 M.T to 4246.88 M.T in quantity (1%) and in terms of value it decreased from Rs. 2387.22 lakhs to Rs.2848.26 lakhs (19%) when compared to the corresponding period of the previous year.