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The world jute economy : The world jute market (English)

Jute products, with their stagnant or slowly changing technological base, are facing strong competition from products and processes, which have been evolved through serious, well-financed, and long-term research and development efforts. Tariffs and quotas have played a major role in limiting the world jute market by enabling a transition from jute to the manufacture of synthetic substitutes. The ability of jute to survive as a viable product for consumers and as an important source of income and foreign exchange for producers depends on what will happen in the world markets; availability, prices, and product improvements will determine the future of jute. No improvement in the long-term competitive position of jute is possible without an innovative, vigorous, well-financed and well-staffed jute research program.

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The world jute economy : The world jute market (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/617571468140970905/The-world-jute-market