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Historically the ceramic and tableware industry is labour intensive and given Bangladesh has a reasonable supply of gas and is a low labour cost economy it offers to be a strategic partner in the production and supply of ceramic products. Investment interests in this sector are strongly welcomed.
At present there are a number of different types of ceramic products being produced in the local market such as tableware, sanitaryware, insulator, tiles, float glass and tamla (drinking water glass). The Bangladesh Ceramic Manufacturers Association (BCMA) estimate that the current investment levels in the ceramic industry is roughly about Taka 5.0 billion (US$ 714 million).
Bangladesh is now exporting to over 48 countries including the European Union, Scandinavia and the United States while China, Poland, Thailand, Romania and Indonesia are its major competitors. In 2006-2007, Bangladesh exported ceramic products worth approximately US$32.80 million and imported finished products worth US$44.12 million.
Given this present scenario, UK companies could consider exploring the opportunities to take active part in the development of Bangladesh's ceramic sector because of the following three main reasons. Firstly, there are opportunities to provide production design and facilities. Secondly, raw materials export. Thirdly, machinery supplies.
Source: UK Trade & Investment
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