20-Aug-2024
Key Highlights:
The top importing nations for Indian coco peat include the United States, South Korea, China, the European Union, and Vietnam.
The major coco peat exporters in India are Yuva India Exports, Imik Technologies, Shalom Coir Products, A.V. Coirs, and Pioneer Agro-Industry.
The HS Codes of the top categories of coco peat export from India are 53050040, 681520, 14049099, and 14049000.
The leading coco peat exporting countries include India, Sri Lanka, China, the Philippines, and Singapore.
Extracted from the top shell of coconuts, coco peat is a lightweight, spongy material. It enhances the texture of the soil and increases water retention in greenhouses. Additionally, horses and other cattle are primarily bedridden with it. Its vibrant applications are driving the market's rapid expansion.
For entrepreneurs wishing to get into international trade, cocopeat export from India can be a profitable business endeavour.
If you are considering entering into the lucrative business of coco peat export from India, this blog provides important insights like coco peat export data, HS code information for coco peat, coco peat exporters in India, and other pertinent information.
Let's first discuss the market size of the global market!
The global coco peat market was valued at US$ 357 million in 2023 and is estimated to touch US$ 432 million by 2030, growing at a CAGR of 2.8% during the forecast period 2024-2030.
The demand for coir pith is driven by its growing use in horticulture and agriculture. As more people use coco peat as a sustainable and environmentally friendly soil conditioner, the market for it is expanding.
India is a producer of various coir products such as piths, geotextiles, mats, mattings, rugs, nonwovens, and fiber. In terms of quantity, the three main components of coco peat exported from India are coir pith, fiber, and matting, which accounted for 56.38%, 32.35%, and 7.52% of total exports in 2023–2024.
There is the richest belt of coconut fields in all of South India that eventually causes high availability of raw materials used in the production of coco peat. However, the center of the production of coco peat is Pollachi, which is in the state of Tamil Nadu.
Here is the list of coco peat-producing states in India:
Let's explore the data on cocopeat exports from India: 2023-24!
On average, India exports 3,50,000 metric tonnes of coco peat every year.
Here is the table to get an overview of updated data on the export of coco peat from India in 2023-24:
|
Coco Peat Export From India |
Details |
|
No. of Shipments |
52,987 |
|
Rank (Global) |
1st |
|
No. of Indian coco peat exporters |
928 |
|
No. of coco peat overseas buyers |
3,519 |
|
Top exported categories of coco peat HS Codes |
53050040, 681520, 530500 |
Coir pith export data shows that during 2023-24, coir pith, tufted mats, and fiber made up 52.05%, 23.07%, and 14.67% of the total exported value, respectively. Furthermore, India is a significant exporter of coco peat, which comes in a range of forms to meet a variety of needs.
Now let's have a look at the table of top categories of coco peat export from India with HS codes!
Here is the table of the top HS codes of coco peat:
|
Coco Peat HS Codes |
Product Description |
|
53050040 |
Coir pith products include Wooden pallets, coco peat, blocks, coir pith compost, |
|
681520 |
Articles of pear (Textile products from peat fabrics) |
|
14049099 |
Bulk, loose coco peat in its fiber form |
|
14049000 |
Coco peat-compressed blocks |
|
6302 (depends on specific bag material) |
Bags filled with coco peat for planting purposes |
So, these are the prominent coco peat HS codes. To know more, click here and get the most updated coco peat export data.
Here is the list of 10 leading coco peat exporting countries:
India
Sri Lanka
China
Philippines
Singapore
Spain
Vietnam
Hong kong
Netherland
Malaysia
Thus, these are the world's leading exporters of coco peat. Along with all of the nations on this list, Egypt, the Bahamas, and Indonesia are significant coco peat exporters. To get the full list of top coco peat exporters with shipment value, updated coco peat export data, coco peat export from India, and other export insights visit Exportimportdata.in.
Here is the list of major coco peat importing countries:
United States
China
Netherlands
South Korea
United Kingdom
Spain
Australia
Italy
Germany
Canada
With 27,077 shipments, the United States leads the world in coco peat imports. South Korea is second with 10,197 shipments, and China is third with 9,195 shipments. In addition to the nations on this list, Belgium, France, and Israel are a few other nations that significantly cause the rising coco peat export from India. Check out our platform, Exportimportdata.in, for more information about coco peat importing countries, cocopeat export from India, and more.
As per coco peat export data, India is the biggest exporter of coco peat with a total number of shipments of 52,987, followed by Sri Lanka with 14,306 shipments and China with 3,324 shipments.
Being the top exporter, India has many destinations where it exports coco peat.
The major destinations for coco peat export from India include:
Thus, these are the top importing nations for Indian coco peat. Owing to all of these Indian coco peat importing countries, India is the world's largest exporter of cocoa.
Get in touch with us on ExportimportData.in to receive a list of the leading international markets for Indian coco peat along with shipment values and additional information.
Here is the list of the top 10 coco peat exporters in India:
Yuva India Exports
Imik Technologies
Shalom Coir Product
A.V. Coirs
Pioneer Agro Industry
Jyotee Coir
Merrit Techno Industries Ltd.
Unitek Hydraulics
Sri Muthu Fibers
KSR Coirs
These are a few of the leading coco peat exporters from India that do coco peat export from India in large amounts. To obtain the most notable coco peat export data with just one subscription, get in contact with us if you require detailed access to all of the current coco peat exporters in India.
To find out the major exporters or importers list of coco peat, you can visit our user-friendly platform, i.e., ExportImportData.in. It provides authentic, dependable, and current information on international trade to more than 100 countries in addition to import and export data. In addition, we offer a database such as Bangladesh, Turkey, the US, Vietnam and So on.
To sum up, companies looking to take advantage of the demand for sustainable growth mediums around the world will find that the Indian coco peat export market offers a profitable opportunity. India has the potential to dominate this quickly growing industry thanks to its enormous production capacity, superior products, and strategic planning.
Whether you need the most recent information on Coco Peat export from India, Coco Peat exporters in India, coco peat importing countries, Coir Pith export data, or the Coco Peat HS code, Exportimportdata.in can help you make sense of the market, identify trends, and gain valuable insights while expanding your company's reach in the international trade arena.
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The major destinations for coco peat export from India include the United States, South Korea, China, The European Union, and Vietnam.
The top coco peat exporters in India are Yuva India Exports, Imik Technologies, Shalom Coir Products, A.V. Coirs, and Pioneer Agro-Industry.
The global coco peat market was valued at US$ 357 million in 2023 and is estimated to touch US$ 432 million by 2030, growing at a CAGR of 2.8% during the forecast period 2024-2030.
The HS Codes of the top categories of coco peat export from India are 53050040, 681520, 14049099, and 14049000.
The coco peat producing states in India are Karnataka, Maharashtra, Andhra Pradesh, Kerala, and Tamil Nadu.
Supplying coco peat within the country or overseas is a profitable venture as the demand for coir pith is driven by its growing use in horticulture and agriculture. Profitability varies as per region, market, and pricing.
