9/12/2023 0 Comments Buy leather hides for upholstery![]() The price of the ingredient has increased to Tk 1,200 per sack, which holds 74 kilogrammes of salt, from Tk 900 last year. The situation could change for the better once Bangladesh makes the central effluent treatment plant (CETP) at the Savar Tannery Industrial Estate fully operational.Īftab Khan said the higher price of salt is a major concern for them. This means finished goods exporters have to import rawhides from LWG-certified factories in other countries to ship products to developed markets. ![]() Only a handful compliant manufacturers can use locally processed hides to produce goods for the export markets. And in the absence of accreditation, Bangladeshi suppliers have to export leather mainly to China at rates that are much lower than the going rates in the international markets. The Group is a collaborative initiative between footwear, apparel and upholstery brands and leather manufacturers. Md Saiful Islam, a former president of the Leathergoods and Footwear Manufacturers and Exporters Association of Bangladesh, says the leather and leather goods industry has the capacity to be a multibillion-dollar industry if the Leather Working Group (LWG) certification can be obtained because of the availability of raw materials locally. "This year, the prospect for the rawhide business is better." The performance of the second-largest foreign currency earner for Bangladesh after garments has remained positive despite the cost-of-living crisis in western nations.Īhmed said the export from the leather and leather goods sector could rise thanks to the recovery of the western economies from the severe fallout of Covid-19 and easing inflation. Our leather hides are available in a wide range of colors. In the July-May period of the current fiscal year, Bangladesh exported leather and leather goods worth $1.12 billion, registering a year-on-year growth of 0.42 per cent, data from the Export Promotion Bureau showed. He says the old stock of tanned rawhides is almost finished since demand has been high both from domestic and international leather and leather goods manufacturers and suppliers. The sector is expecting loans amounting to Tk 180 crore this year, according to Shaheen Ahmed, chairman of the Bangladesh Tanners' Association. They will include 85 lakh cows and 15 lakh goats, buffaloes and lambs. Quoting data from the livestock ministry, Khan said 1.30 crore animals are ready to be sacrificed this year. And tanneries, which are mostly located in Savar and Chattogram, rely on local suppliers for the skins of the animals sacrificed. Eid-ul-Azha accounts for nearly half of the rawhide produced annually in Bangladesh.
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