Sunday, 22 March 2015

Indian Cocopeat Exports Forecast Unchanged

Current season not affected by last year crisis but will impact on next season’s exports

Cocopeat from india will see its 2014/15 export forecast remain unchanged despite the intense crisis the industry is facing and the drop in coconut yield and shortage of labour. It was initially feared that the crisis had caused widespread damage to the associate industries like coir and cocopeat exports from india. Tamilnadu, Kerala and Karnataka are the three major coconut cultivated regions.

Initial assessment showed no significant losses in quality or quantity to this season’s exports. In October 2014, the industry forecasted an 10 per increase over 2013/14.

“Overall as an industry cocopeat exports have been fortunate that impact has been relatively minimal. in a statement Boyce Agro said “As one of the largest exporter of cocopeat” we will continue to move forward to support growing consumer demand with a steady, year-round supply.”

Boyce Agro ships Cocopeat to more than 10 countries including Holland, Spain, Japan, Australia, China and Canada but the US is by far its largest export market.

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