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Market Analysis coconut fiber

Coconut fiber industry tends to grow significantly in the past 12 years, after declining in the 80s to the 90s when Western markets switched to the foam and synthetic fibers.

Development trends that are promising as demand derived from coconut fiber consumption increased in China in 2001 with 40% market share in the world export market. Currently, only exports of coir products and other value-added from coconut fiber as coir fiber, foot scrub carpets, floor mats and covered with soil grid is estimated at $ 150 million. Approximately 88% coconut fiber products of all kinds are sdan3 from India and Sri Lanka (02 major producing countries) and the rest is exported from Indonesia, Thailand, Philippines and Malaysia. In India, strong domestic consumption and export growth was only 1% of total world exports in 1996, and increased 11% in 2002 and then more than doubled to 28% in year in 2012. If Sri Lanka's exports mainly focuses on semi-finished products such as mattresses, just sclerosis, only the twisted fiber India focus on products with added value. The new technology incorporated in coconut fiber industry in order to improve quality and create new applications for coir products only in architecture and construction, agriculture and many other digital products is a challenge way to sustain the development of the coir industry only.

Prices coconut fiber - raw material for the production of coconut fiber products of all kinds - produced in 02 countries Indonesia and Sri Lanka has been improved and began to rise in mid-2013. Besides, since only fiber coconut in India rather stagnant in the last 10 months, reached 256 USD / ton in the month of 9/2013 to 259 USD / ton in the month of 6/2014. Price in India, compared with Indonesia and Sri Lanka, may be stabilizing because domestic demand is slowly growing. In 02 countries, the price of coconut fiber depends very much on the international market. The amount exported only coir product types in India increased by 23.6%, rising from 429 501 tonnes (4/2012 - 3/2013) to 537 404 tonnes. There are about 537 040 tonnes including 14 coconut fiber products are exported types, exports reached U.S. $ 245.4 million, an increase of 32.3% compared with exports last year 185.5 million.

India exports about 14 kinds of coconut fiber products to the world market, including semi-finished products such as coir fiber, foot scrub carpets, carpet premiere, just rubberised coir and other types of finished products such as mesh land cover and floor mats. Of the 14 types of coir products in India only, production and export of rubberised coconut fiber, coir fiber brushes and rising. Export volume rubberised coir only increased by 199.7% compared to the same period last year exported; followed by the export of coco peat, coconut fiber twisted and covered with soil grid. Tufted carpet export turnover rose highest, approximately 215.3% over the same period last year; both products and coir brushes are also increased by approximately 97% and 58.7%. Exports of coco peat India continues to rise around 50.6%, an increase of 30.3% over the same period last year and are exported to South Korea (24.64%); followed by the Netherlands (18.07%), American (10.7%), Spain (7.11%) and Australia (3.62%). Agrawal et. al. (2013) projected exports coco peat will continue to increase by 30% in 2016. Products second-largest exporter of coconut fiber is India, reaching 32.4% of total exports of coconut fiber this country and is projected by Agrawal et. al. (2013), the output will also rise from 12-15% in 2016. Ranking in third place is tufted carpet products with high export volume increased 17.33%, higher than the same period last year before.

Coconut fiber products of all kinds from India are exported to 103 countries (lower than the same period last year). China's import market leading coconut fiber and coconut fiber products, the export volume reached 36% and export value reached 24%. The U.S. market is the second largest importer in the past few years with a total market share reached 20%. Only coir and coir products from only the country also exported to many European countries such as the Netherlands, England, Germany, Italy, Spain, France, Belgium, Denmark, Portugal, Finland , Sweden, Republic of Ireland, Austria and Greece; total export volume reached 26.21% and total exports was 32.9%. Many other countries are: South Korea, Australia, Russia, Canada, Brazil and Japan also imports many products from coconut fiber.

Coco peat is one of the products most exported from India and Sri Lanka. Coco peat is used mostly for agricultural cultivation, fertilizer, animal food and occasionally is used for animal nest. From 01 - 12/2013, Sri Lanka has exported 143 911 tons of coco peat, doubled compared to the exports of coconut fiber and coconut fiber of its kind. On the other hand, India also exported 271 495 tons of coco peat, reaching about 51% of the total exports of the country