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Coco Peat (Coir Pith) Export From India: in-depth Statistics

coco peat export

Coco peat, such as CocoTek Premium Coir, is an organic medium derived from coconuts that is widely used in hydroponics and seed-sowing mixes. India, the land of coconuts, is the world's largest exporter of coco peat, a vital organic growing medium. This versatile product made from coconut husk fibers has various advantages in horticulture and agriculture.

However, exporting coco peat from India can be a lucrative economic venture for entrepreneurs looking to enter the global trade. If you're thinking about getting into the fascinating world of coco peat export from India. This blog gives critical insights such as coco peat export data, Coir Pith exporters in India, coco peat exporters data, coco peat HS code, and other relevant information.

Is the coco peat export business profitable?

Yes, the coco peat export industry can be successful, particularly for enterprises in India, which is a major producer and exporter of coco peat. Here's a breakdown of the aspects that affect profitability.

Here's what you should consider:

  • High Demand: Coco peat is a versatile and eco-friendly growing medium that is in high demand in horticulture, agriculture, and other uses worldwide.
  • Low Production Costs: Because of its readily available raw materials (coconut husks) and established processing procedures, India's production costs are comparatively low.
  • Competition: The coco peat export industry is very competitive, with nations such as Sri Lanka and Vietnam conflict for market share.

Overall, careful planning and execution are critical for success in the coco peat export industry. Consider the criteria outlined above to improve your chances of profitability.

Coco Peat Global Market Overview

Let's explore the growth chart for coco peat:

coco peat exporters

  • The market is likely to increase steadily in 2022, with key players adopting new strategies. It helps to minimize the amount of nutrients and fertilizers needed by the plant.

  • Coco Peat Market was valued at USD 3.89 billion in 2023 and is expected to reach USD 5.26 billion by 2030, increasing at a CAGR of 4.4% during the forecast period 2024-2030.

Which regions are driving the coco peat market?

  • North America (USA, Canada, and Mexico).
  • Europe (including Germany, the United Kingdom, France, Italy, Russia, and Turkey).
  • Asia-Pacific includes China, Japan, Korea, India, Australia, Indonesia, Thailand, the Philippines, Malaysia, and Vietnam.
  • South America (Brazil, Argentina, Colombia, etc.).
  • Middle East and Africa (Saudi Arabia, the UAE, Egypt, Nigeria, and South Africa).

So, if you're considering Coco peat export from India, go for it!

Also Read: How to export Makhana from India?

Now, explore the growth chart for coco peat export from India!

coco peat export from India

Let’s dive into the accurate statistics for Coir Pith export data or Coco peat export data!

Coco peat Export Data from India : 2023-24

Let’s first analyze the table for Coir Pith export data or coco peat export data from India!

Coco Peat Export Data Details
 Total Shipments 52,987
 Rank (Global) 1st
 Number of Indian Exporters 928
 Number of International Buyers 3,519
 HSN Code Categories 53050040, 681520, 530500

 

Coco Peat exporting countries

According to Coco Peat export data, India ranks first globally, with the following as its closest competitors in terms of total shipments: Here are the two major Coco Peat exporting countries.

  • United States
  • South Korea
  • China

Top 3 Coco Peat Export categories (HS codes)

Rank Coco Peat hs code Possible Description (Based on HS Code Structure)
1 53050040 Coir pith is processed into value-added products such as briquettes, coins, NeoDisc, grow bags, and organic manure.
2 681520 Articles of peat (excl. textile products from peat fibres).
3 530500 Coconut, abaca, ramie, and various other vegetable textile fibres, not listed elsewhere or included, raw or processed but not spun; tow and noils.

 

  • According to Coco Peat Export data, coco peat export shipments from India totaled 53K, shipped by 928 Indian exporters to 3,519 buyers.
  • Based on coco peat exporters data, India exports the majority of its coco peat to the United States, South Korea, and China, and is the world's largest coco peat exporter.
  • Based on Coir Pith export data, India is the biggest exporter of coco peat, with 52,987 shipments, followed by Sri Lanka with 14,306, and China in third place with 3,324 shipments.

Coco Peat export from India: A brief overview

According to Coir Pith export data, India's top export destinations for Coco Peat exporting countries are:

  1. United States
  2. South Korea
  3. China
  4. European Union 
  5. Vietnam
  6. Indonesia
  7. Philippines
  8. Thailand
  9. Netherlands
  10. Japan

These countries export coco peat. Also, if you require up-to-date statistics on coco peat exports from India or Coco Peat export data, connect with the Seair Exim Solutions platform and receive the most recent Coir Pith export data without delay.

Now, explore the top exporters of Coco Peat in India!

Top 10 largest coco peat exporters in India

Here is the updated list of coco Peat exporters in India or Coir Pith exporters in India:

  • Imik Technologies
  • Yuva India Exports
  • A.V. Coirs
  • Shalom Coir Product
  • Jyotee Coir
  • Pioneer Agro Industry
  • Ksr Coirs
  • Merrit Techno Industries Ltd.
  • Unitek Hydraulics
  • Sri Muthu Fibres

The list above represents coco peat exporters in India or Coir Pith exporters in India. This section covers insights about India's developing coco peat export sector. Need access to all coco peat exporters? Contact Seair Exim Solutions for a current list of coco peat export from India, coco peat buyers,  and coco peat exporters in India.

What type of Coco Peat is exported from India?

India manufactures coir fiber, yarn, mats, mattings, rugs, nonwovens, geotextiles, piths, and other coir goods. Coir pith, fibre, and matting account for the majority of coco peat export from India in terms of quantity, accounting for 56.38%, 32.35%, and 7.52% in 2021-22, respectively.

Based on Coir Pith export data, coir pith, tufted mats, and fibre accounted for 52.05%, 23.07%, and 14.67% of total exported value, respectively during 2021-22,. Also, India is a major exporter of coco peat, which is available in a variety of forms to suit diverse needs.

Here is a table highlighting the categories, descriptions, and HS code.

Category Description Coco Peat HS Code (HSN Code)
 Coco Peat Loose Bulk, loose cocopeat in its fiber form. 1404.90.99
 Coco Peat Blocks Compressed coco peat bricks for ease of transportation and storage. Expands in water. 1404.90.00
 Coco Peat Grow Bags Bags filled with coco peat for planting purposes. 6302 (Depends on specific bag material)
 Coco Peat Coir Pith Coarse cocopeat fibers, often used for erosion control and soil amendment. 1404.90.99


Let’s explore a list of countries importing coco peat!

List of Coco Peat Importing Countries

The United States is the leading importer of coco peat, with 27,077 shipments, followed by South Korea with 10,197, and China in third place with 9,195 shipments.

Now take a closer look at the table for Coco peat buyers or Coco peat importing countries!

S.No Coco Peat buyers (Country) Shipments
1 United States 27.077
2 South Korea 10,197
3 China 9,195

 

How to find Coco Peat importers?

Visit Seair Exim Solutions' data-driven dashboard to get Coco Peat buyers data or Coco Peat export data. Seair Exim Solutions delivers import export data as well as reliable, up-to-date, and authentic information on international trade to over 100 countries. We also provide  a database of over 100 global countries, including Vietnam, the United States, Turkey, and Bangladesh.

To recap, the Indian coco peat export market presents a lucrative opportunity for businesses seeking to capitalize on the global need for sustainable growth mediums. With its huge production capacity, high-quality products, and strategic planning, India has the potential to become a market leader in this rapidly expanding industry.

Whether you require up-to-date Coco Peat exports from India, Coco Peat exporters in India, Coco Peat exporters, Coir Pith export data or the Coco Peat HS code, Seair Exim Solutions will assist you in understanding the current market, trends, and insights, as well as building your business in the global trade arena. Schedule your free live demo now!


Frequently Asked Questions

Q1. Who is the largest exporter of coir?

As per coco peat exporters data, India exported coir tufted mats to 77 countries, with the United States, the United Kingdom, Germany, Italy, and the Netherlands accounting for 80% of the total export quantity.

Q2. Which countries import coir from India?

The top importers include the United States, China, the Netherlands, South Korea, the United Kingdom, Spain, Australia, Italy, Germany, Canada, Belgium, France, and Israel.

Q3. What is the HS code for coco peat export?

Coco Peat Export Data under HS Code 53050040, including Price.

Q4. Which country imports cocopeat?

Currently, China is the world's largest coco-peat importer. Seair Exim Solutions keeps you up to date on the top importers and shifting trade dynamics in the coco-peat market.

  • Seair Exim
  • 15-Mar-2024

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