Activated carbon boosts India’s coconut and product exports by 41% in FY22

Published Jun 19, 2022

Tridge summary

India's coconut and product exports, driven by increased shipments of activated carbon, saw a significant surge in the 2021-22 fiscal year, with revenue reaching Rs 3,237 crore, up by over 41% from the previous year. The United States was the primary market for activated carbon, which is widely used in gold extraction and purification, contributing to revenue of Rs 2,064 crore. Besides the US, countries like Germany, Russia, Korea, the Netherlands, Belgium, and Canada also imported the product. Coconut oil and fractions were the second-most exported product, earning Rs 430 crore. However, the industry faces challenges with the Rugose Spiralling Whitefly attacking coconut trees. The imports of coconut and products into the country reached Rs 728 crore, led by coconut oil cake and oil cake expeller varieties. Activated carbon is produced from carbonaceous material like charcoal, made from organic plant materials such as coconut shells and wood. While generally considered safe, activated charcoal can cause side effects like vomiting, especially with sorbitol, and in extreme cases, bowel blockages.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Due to increased shipments of activated carbon, India's coconut and product exports totaled Rs 3,237 crore in 2021-22. Shipments increased by more than 41% to Rs 2,295 crore in the 2020-21 fiscal year. With a shipment of 1,37,363 tonnes, activated carbon generated export revenue of Rs 2,064 crore. According to official sources, the United States remained the top destination for activated carbon exports, a medium used for gold extraction and purification. Germany, Russia, Korea, the Netherlands, Belgium, Canada, and other countries also shipped the product. According to industry sources, rising gold prices and the opening of new gold mines have resulted in a thriving global market for activated carbon. India's activated carbon is gaining popularity in comparison to other producing countries. According to data released by the Directorate General of Commercial Intelligence and Statistics in Kolkata, coconut oil and fractions were the second-best in the country's export basket, ...

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