BANGLADESH DYE MARKET GROWS – BUT LOCAL PRODUCTION LAGS BEHIND
April 1st, 2009
BY MARK GODFREY
INVESTMENT in Bangladeshi dyeing capacity appears stalled as growth in the country's garment exports slows. Prices for imported dyes are also dipping. Yet given long-term steady growth expected in the country's apparel industry, there are opportunities for dye importers.
While Bangladeshi garment exports have soared - knitwear and woven garment exports rose 41.8% and 36.2% respectively between July and December 2008 over the same period in 2007, according to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) - overseas sales ...
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