Ceramic sector in bangladesh: Ceramic industry yet to fully bounce back | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
July 07, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, JULY 07, 2025
Ceramic industry yet to fully bounce back

Industry

Rafiqul Islam
06 February, 2021, 09:10 pm
Last modified: 07 February, 2021, 02:37 pm

Related News

  • Tk35 crore worth of forestland recovered in Gazipur; 205 illegal structures demolished
  • Foods that help you regain strength after a bout of dengue
  • Luxury car of ex-AL MP Anar, who was killed in Kolkata, found in Kushtia
  • Govt to form fund with seized assets to compensate depositors, aid poor: BB governor
  • 1,400 stolen firearms, 2.5 lakh rounds of ammo yet to be recovered: CA’s special assistant

Ceramic industry yet to fully bounce back

The ceramic sector is still at 10-15% decline in revenue 

Rafiqul Islam
06 February, 2021, 09:10 pm
Last modified: 07 February, 2021, 02:37 pm

The ceramic industry, a major backward linkage of the construction sector, is yet to fully bounce back from the shocks of the Covid-19 pandemic.

Although there has been some improvement after the coronavirus shutdown, the ceramic industry has not been able to turn around as the construction sector has not fully recovered.

Industry insiders say the demand for ceramic products at home and abroad has declined during the Covid-19 pandemic. In addition, the exports of the products have also dropped.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The ceramic sector suffered around a 30% decline in sales in the last fiscal year due to the coronavirus breakout in the country. Although the situation has improved a bit after the lockdown, the ceramic sector is still at a 10-15% decline in revenue.

Zahedi Hassan Chowdhury, secretary of the Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA), told The Business Standard, "The demand for ceramic products is low in both domestic and international markets. Although the demand for tiles is high in the country, the demand for tableware and sanitary ware is low."

He said that about 80% of the production in the sector is exported abroad.

According to the Export Promotion Bureau (EPB), the exports of ceramic products were Tk2.69 billion in fiscal 2019-2020, and the export target has been set at Tk3.5 billion for the current fiscal year.

Exports in the first half of the current fiscal year were Tk1.5 billion, which fell short of the target by 10% and 16% less than the previous year.

Zahedi Hassan Chowdhury said, "Tiles are used most in the development work of the government. But development work has not yet begun in full swing. The ceramic industry will have to wait a few more days to gain momentum. Maybe it will get some momentum after the winter season.

"The exports of ceramic products are also declining. Countries to which goods are exported have reduced their purchases. For which, this sector could not completely recover from the drop in sales. It is still at 10% lower than the usual level." 

Status of listed companies

Of the five listed companies in the ceramic sector, four have posted profits but at lower rates than the previous year and one reported losses.

Multinational RAK Ceramics (Bangladesh) company's revenue declined by 9.82% in 2020 compared to the previous year and net profit decreased by 58.81%.

However, at the end of 2020, the company's revenue was Tk582.89 crore, in which the profit was Tk31.06 crore and earnings per share stood at Tk0.73.

RAK Ceramics has declared a 10% cash dividend for shareholders as its profits fell. The company paid a 15% cash dividend in the previous fiscal year.

In the first half of the current fiscal year, the revenue of the Fuwang Ceramic Industry has increased by 26%. However, the company reported about a 1% slide in profit.

Monno Ceramic Industries Limited's EPS for the first half of the current fiscal fell by 47% compared to the previous year.

In the July-September quarter, EPS fell by 66%, and in the October-December quarter, it fell by 14%.

In the first six months of this fiscal year, the revenue of Shinepukur Ceramics fell by about 4% but the profit increased by 77%.

In the July-December period, the company had total revenue of Tk66.56 crore and a profit of Tk1.48 lakh. The EPS was Tk0.10, which is 66% higher than the same period of the previous fiscal year.

Compared to the previous year, the total revenue of Standard Ceramic Industries has increased by 17% but the profit has decreased by 71% and EPS fell by 67%.

The company's half-yearly total revenue was Tk15.30 crore. The loss was Tk81.55 lakh.

About the ceramic industry

In recent years, the ceramic industry in Bangladesh has grown to a large extent. In Bangladesh, 66 brands manufacture ceramic products.

The domestic market for ceramic products, including tableware, tiles and sanitary ware, is worth around Tk6,000 crore annually.

Apart from 66 brands, more than 100 ceramic manufacturing companies, both small and medium, have evolved in the country.

At present, the sector employs around 5,00,000 people, including 55,000 direct employees and those from the backward linkage industry.

Annually, the companies manufacture 25 crore pieces of tableware, 15 crore square feet of tiles and 50 lakh pieces of sanitary ware.

According to a United States Agency for International Development (USAID) study, Bangladesh's ceramic industry has experienced a 200% growth in production in the last five years. The industry is also remarked to expand rapidly in the global market with its high-quality products.

At the end of 2018, the market size of the ceramic industry was Tk5,950 crore, to which the tiles industry contributed the most - Tk4,500 crore.

The size of tableware and sanitary ware industries were Tk500 crore and Tk920 crore respectively, adds USAID.

Bangladesh's ceramic industry earns more than Tk356 crore through export. Of the different ceramic products, tableware is exported to more than 50 countries including the US, Canada, European Union, Australia; tiles are exported to India, Nepal, and Bhutan; and sanitary ware is exported to the Middle East, especially to the UAE. Tableware accounts for more than 90% of Bangladesh's ceramics exports.

Economy / Top News

Ceramic Industry / Recovery

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • NGO leaders from different Muslim countries pose for a photo with Chief Adviser Muhammad Yunus at the state guest house Jamuna in Dhaka on 6 July 2025. Photo: CA Press Wing
    CA Yunus urges Islamic NGOs to take up social business to support Muslim world
  • National Citizen Party (NCP) Convener Nahid Islam spoke at a street march as part of NCP's ongoing programme 'Desh Gorte July Padayatra' (July Walkathon for Building the Nation) at Saheb Bazar Zeo Point of Rajshahi today (6 July). Photo: TBS
    Conquered Ganobhaban, will triumph in parliament too: Nahid
  • Jamaat-e-Islami Nayeb-e-Ameer Syed Abdullah Mohammad Taher. File Photo: Collected
    No objection to February polls but oppose a hastily arranged one: Jamaat

MOST VIEWED

  • The release was jointly carried out by the Forest Department and the Chattogram Zoo authorities as part of an ongoing initiative to conserve wildlife and maintain ecological balance. Photo: Collected
    33 Python hatchlings born in Ctg zoo released into Hazarikhil sanctuary
  • A quieter scene at Dhaka University’s central library on 29 June, with seats still unfilled—unlike earlier this year, when the space was overwhelmed by crowds of job aspirants preparing for competitive exams. Photo: Tahmidul Alam Jaeef
    No more long queues at DU Central Library. What changed?
  • Ships and shipping containers are pictured at the port of Long Beach in Long Beach, California, US, 30 January 2019. Photo: REUTERS
    Bangladesh may offer zero-duty on US goods to get reciprocal tariff relief
  • File photo of a new NBR office in Agargaon, Dhaka. Photo: UNB
    NBR launches 'a-Chalan' for instant online tax payments
  • Customs bureaucracy: Luxury cars rot at Ctg port
    Customs bureaucracy: Luxury cars rot at Ctg port
  • Infograph: TBS
    How BB’s floating rate regime calms forex market

Related News

  • Tk35 crore worth of forestland recovered in Gazipur; 205 illegal structures demolished
  • Foods that help you regain strength after a bout of dengue
  • Luxury car of ex-AL MP Anar, who was killed in Kolkata, found in Kushtia
  • Govt to form fund with seized assets to compensate depositors, aid poor: BB governor
  • 1,400 stolen firearms, 2.5 lakh rounds of ammo yet to be recovered: CA’s special assistant

Features

The Mitsubishi Xpander is built with families in mind, ready to handle the daily carpool, grocery runs, weekend getaways, and everything in between. PHOTO: Akif Hamid

Now made-in-Bangladesh: 2025 Mitsubishi Xpander

55m | Wheels
Students of different institutions protest demanding the reinstatement of the 2018 circular cancelling quotas in recruitment in government jobs. Photo: Mehedi Hasan

5 July 2024: Students announce class boycott amid growing protests

2d | Panorama
Contrary to long-held assumptions, Gen Z isn’t politically clueless — they understand both local and global politics well. Photo: TBS

A misreading of Gen Z’s ‘political disconnect’ set the stage for Hasina’s ouster

2d | Panorama
Graphics: TBS

How courier failures are undermining Bangladesh’s online perishables trade

2d | Panorama

More Videos from TBS

Karbala; one of the saddest and most tragic events in Islamic history

Karbala; one of the saddest and most tragic events in Islamic history

3h | TBS Stories
News of The Day, 06 JULY 2025

News of The Day, 06 JULY 2025

5h | TBS News of the day
Govt Service Ordinance: Compulsory retirement to replace dismissal for misconduct in govt job

Govt Service Ordinance: Compulsory retirement to replace dismissal for misconduct in govt job

7h | TBS Insight
Iran’s Khamenei makes first public appearance since war with Israel

Iran’s Khamenei makes first public appearance since war with Israel

8h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net