📈 EDB Addresses Challenges in Coconut Coir & Fibre Export Sector
Sri Lanka’s coconut coir and fibre industry faces critical supply-side constraints, as raw material shortages threaten production capacity and rising costs. Despite these hurdles, the sector remains a vital contributor to national export revenue. • 2025 Performance: Total export value reached US$ 294 Mn, marking a strong 22.5% YoY growth. • Core Challenges: Severe raw material shortages are driving up production costs and impacting the industry's ability to meet international delivery timelines. • Strategic Intervention: The EDB, in collaboration with the Coconut Cultivation Board and industry associations, is formalizing short- and long-term measures to: • Boost raw material availability. • Streamline the fiber supply chain. • Implement policy support to safeguard international market commitments. The EDB continues to facilitate multi-stakeholder dialogue to ensure the operational stability of this essential export segment.