Despite of government`s relief package the coir exports are unable to recover due to appreciation of the rupee against the dollar, reports Economic Times.
According to Coir Board statistic, the coir exports have increased in terms of quantity but the value has slumped. Coir exports touched 149,232 tons valued at Rs 4.8686 billion for the 10-month period ended January 2008. For the same period in the previous year, exports came to 131,109 ton, valued at Rs 4.9017 billion.
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 ton, valued at Rs 3.6813 billion.
Coir pith, geotextiles and fiber 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.
No comments:
Post a Comment