Market Review Coconut Fiber
July 2021

In the first half of 2021, price of coir showed an increasing trend both in Sri Lanka and Indonesia. Price of coir fibre in Sri Lanka was US$107/MT in December 2020 and was gradually easing to reach US$143/MT in June 2021 accounting for price appreciation by 33%. Similarly, price of coir fibre in Indonesia showed a positive trend following global market recovery. Price of coir fibre in December 2020 was USD313/MT and leveled up to US$330/MT in June 2021. Price of coir fibre is expected to maintain its trend following an improving demand.

Figure 1. Average Monthly Price of Coir Fibre

January 2013 – June 2021 (US$/MT)