Information About Jute

Introduction :-

Jute is one of the important vegetable fibers of Bangladesh, popularly known as golden fiber. Considering the areas under cultivation Bangladesh is the second-largest jute producing country in the world . It is also the leading jute goods-producing country in the world. Hessian, sacks, different kinds of bags, carpets, and different handicrafts are produced and exported from Bangladesh, which is around 75 percent of total global exports of raw jute and jute goods . Moreover, environmental aspects of jute create the market potential for jute and jute goods. Thus, when we have potential to export increase, our export is decreasing. Therefore, the jute export demand analysis is required for Bangladesh that will give us an understanding of the dynamics of export. Hence, the objective of this research is to explore the export demand of jute and jute goods of Bangladesh.

Literature Review :-

In the literature, research on several aspects of jute are found. First and foremost group of literature are related with the production aspects of jute in Bangladesh . It is found that around 12.5 percent of total farmers are engaged in jute cultivation in Bangladesh .

The profitability of jute production is more than that of its main alternative crop Aus rice .Although Bangladesh is one of the major jute-producing countries in the World, total production and yield is decreasing but still second in position in the World . World jute production has decreased considerably in the period of 1992-2010 in comparison to the period of 1970-1991 . Even the recent forecast for the production of jute is also in the same direction for Bangladesh . In their empirical research found that there is the scope of production efficiency in Bangladesh. They argued that improvement in research, irrigation, tenurial reform, and export protection for jute can boost export earnings.

Found that there are total 212 jute mills in Bangladesh in which around 1.9 lac workers are directly involved. The raw jute and jute goods are consumed locally as well as export. Bangladesh and India are the top two leaders in the global jute export . However, found that jute and jute goods export of Bangladesh are fluctuating. In this respect, de Vries (2007) analyzed market potential of Bangladeshi jute products into Europe using SWOT (Strength, Weaknesses, Opportunities and Threats) analysis. Similarly, studied market potentials for Bangladeshi jute products in the Australian market. All these studies argued about further market opportunities for Bangladeshi jute products, but they did not provide any empirical analysis on the demand of Bangladeshi jute goods and their determinants in those markets.

Exports is an important factors that affect the growth of a country.  that export will affect growth more, when the income elasticity of the export demand is more. They also suggest that exports of a country will be more competitive in the world market when the price elasticity is high. However, in the literature export demand analysis for jute is very limited.

Some Information of raw Jute :-

Cultivation :-

To grow jute, farmers scatter the seeds on cultivated soil. When the plants are about 15–20 cm tall, they are thinned out. About four months after planting, harvesting begins. The plants are usually harvested after they flower, before the flowers go to seed. The stalks are cut off close to the ground, tied into bundles and soaked in water for about 20 days. This process softens the tissues and breaks the hard [pectin] bond between the bast and [Jute hurd] (inner woody fibers) and permits the fibres to be separated. The fibres are then stripped from the stalks in long strands and washed in clear, running water. Then they are hung up or spread on thatched roofs to dry. After 2–3 days of drying, the fibres are tied into bundles. The suitable climate for growing jute is a warm and wet climate, which is offered by the monsoon climate during the fall season, immediately followed by summer. Temperatures ranging to more than 25 °C and relative humidity of 70%–90% are favorable for successful cultivation. Jute requires 160–200 cm of rainfall yearly with extra needed during the sowing period. River basins, alluvial or loamy soils with a pH range between 4.8 and 5.8 are best for jute cultivation. Jute cultivation in red soils may require high dosage of manure. Plain land or gentle slope or low land is ideal for jute cultivation. Since the jute seeds are small in size, land should be finely tilled, which can be done by careful ploughing.