Coir export fails to rise despite sops
Despite some sops from the commerce ministry, coir exports have not fully recovered from appreciation of the rupee against the dollar. While exports have increased in terms of quantity, value has slumped.
By TNN |
KOCHI: Despite some sops from the commerce ministry, coir exports have not fully recovered from appreciation of the rupee against the dollar. While exports have increased in terms of quantity, value has slumped.
Coir exports touched 1,49,232 tonne valued at Rs 486.86 crore for the 10-month period ended January 2008. For the same period in the previous year, exports came to 1,31,109 tonne, valued at Rs 490.17 crore.
While the quantity has grown 13.82%, value has fallen marginally by 0.68%. Coir mats, the principal item in the coir export basket, has shown 2% rise in quantity while the value has dropped 2%. Coir mats export stood at 62,125 tonne, valued at Rs 368.13 crore.
Coir pith, geotextiles and fibre have shown improvement in both quantity and value. According to Coir Board sources, there has been increased demand from Europe and other countries for coir geotextiles and pith.
Coir exports touched 1,49,232 tonne valued at Rs 486.86 crore for the 10-month period ended January 2008. For the same period in the previous year, exports came to 1,31,109 tonne, valued at Rs 490.17 crore.
While the quantity has grown 13.82%, value has fallen marginally by 0.68%. Coir mats, the principal item in the coir export basket, has shown 2% rise in quantity while the value has dropped 2%. Coir mats export stood at 62,125 tonne, valued at Rs 368.13 crore.
Coir pith, geotextiles and fibre have shown improvement in both quantity and value. According to Coir Board sources, there has been increased demand from Europe and other countries for coir geotextiles and pith.
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