A Study on Value Chain Analysis of Exported Coir and Coir Products in Pollachi Taluk Coimbatore District

Abstract

India is the country that produces and exports the most coir and coir-based products. China is the primary market and the source of more than 40% of global exports of coir and its byproducts, which are currently purchased by more than 100 nations. The conversion of coconut husk waste material into useful resources is one of the few traditional or rural businesses. This sector produces more than 80% of the fiber produced globally, making it the world's largest producer of coir. The industry's market has grown since the start of globalization, although exports were originally limited to a few countries until 1980. During the year 2020-21, Exports of coir pith, coir fibre, tufted mats, handloom mats, and power loom mats, coir yarn, handloom matting, power loom matting, coir geo-textiles, rubberized coir, and other types of coir have seen increases in both quantity and value, whereas coir rugs and carpets and curled coir have seen decreases in both. The amount of coir rope was down while the value was up for the item. 51% of all coir goods exported from the nation were coir pith, with export revenues of Rs. 1919.74 crores. Together, the value-added products made about 31% of all exports. The most valuable products were Tufted Mats. More than half of the coir exported from India leaves the country through the Tuticorin port. In terms of export revenue, Chennai Port comes in third with a share of 13, followed by Cochin Port with a share of 36%. The research specifically aims to: i) assess the increase and volatility in coir and key coir product production, consumption, and exports. ii) to evaluate production outcomes under various regimes of coir processing technology and the scope of available industry options.