Coconut sector records 9 % growth in 2012
Indunil HEWAGE
Sri Lanka coconut and coconut based products sector has recorded an
overall growth of 9 % in 2012 up to August earning a revenue of Rs. 32
billion in comparison with the corresponding figure of Rs 29 billion in
2011.
Export of raw fiber brought in revenue of Rs. 3,904 million in 2012
up to August in comparison with the corresponding figure of Rs. 3,701
million in 2011, a Coconut Development Authority official told Daily
News Business.
The coconut based finished products exports grew by 17 % to Rs. 9,768
million during the first eight months of 2012 in comparison with the
corresponding figure of Rs 8,375 million in 2011.The activated carbon
industry showed signs of improvement recording
Rs. 6,208 million income in the first eight months of 2012 as against
Rs. 4,508 million recorded during the corresponding period last year.
Total shell products export volume (activated carbon, coconut shell
flour, coconut shell charcoal) was 26,122 metric tones in 2012 up to
August and Sri Lanka has exported 24,079 metric tones of shell products
in the first eight months of 2011.However, local coir brushes, rags and
mats exports showed a slight drop in the first eight months of 2012. |