Introduction

Ceramic wares are precious products that have a high demand by many users. This project idea has been developed basing on the need to explore the abundant market that exists in the country as most of the ceramic ware is imported. The estimated fixed capital is 42,680US$, with operating costs of 100,041US$, and an estimated revenue of 125,424US$ in the first year of operation.

Production Capacity, Technology & Process

The process of decorating ceramic ware takes majorly two processes namely;

Plastic decoration form and painting form.

In plastic form, ceramic decoration is accomplished while the clay is pliable. This form includes the physical shaping of the object itself, incising, impressing, embossing, or ornamentation (ceramic flower application).

The painting form of ceramic decoration pertains to the surface coloring and includes slip painting, under glaze, glaze, and over glaze types. This type of decoration changes the surface of the ware both eye and sense touch.

Capital Investment Requirements in US $

Production and Operating Costs General Costs(Overheads)

1. Production costs assumed 312 days per year with daily capacity of producing 60 pieces of ceramic ware.
2. Depreciation (fixed asset write off) assumes 4-years life of assets written off at 25% per year for all assets.
3. Direct costs include materials, supplies and other costs that directly go into production of the product.
4. Total monthly days assumed are 26-days.
5. The valuation currency used is United States Dollars.

Project Product Costs and Price Structure

Profitability Analysis Table

Market Analysis

The market for ceramic wares readily exists in the country since most of the products are household products.