Increase in raw fibre exports, demand
Ramani KANGARAARACHCHI
Raw fibre exports has increased sharply in 2009 due to the increased
demand mainly from China.
Export Development Board (EDB) Assistant Director Export WK
Amarasinghe told Daily News Business that Sri Lanka has exported 144,000
metric tonnes of raw fibre to the value of USD 40,000 in 2009.
This is an increase of nearly three fold compared with the quantity
exported in the year 2000 which was 50,000 metric tonnes.
Meanwhile, Sri Lanka has earned USD 78 million worth of foreign
exchange in 2009 from exported value added coir products which include
more than ten items such as coir brushes, mattresses and geo mats.
However, Sri Lanka Coir and Alike Products Manufacturers Association
President Lakshan Thilakaratne said exporters of value added fibre
products have faced a problem due to the shortage of fibre to meet their
requirement. The problem is severe this year compared to previous years
as a result of the coconut shortage. When coconut prices go up
artificially the cost of production goes up resulting an increase of
selling price creating problems with clients," he said. These value
added coir products are exported to Far East, Western and European
countries.
The industry has the capacity to expand this sector while giving a
large number of employment if sufficient stocks of fibre is available
and it will give an income of several folds than from raw fibre exports.
At present more than 35,000 industrialists are involved in the coir
manufacturing sector which is an informal sector.
Sri Lanka is the largest row fibre exporter in the world and the
exporters have to pay an additional Cess to export raw fibre.
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