RMG exporters suffer order shortage, price drop: Survey | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • 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

Wednesday
May 28, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • 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
WEDNESDAY, MAY 28, 2025
RMG exporters suffer order shortage, price drop: Survey

RMG

Jasim Uddin
25 July, 2020, 12:05 pm
Last modified: 25 July, 2020, 01:07 pm

Related News

  • Apparel leaders, global buyers, regulators discuss overlapping audit challenges, compliance requirements in high-level meeting
  • 814 garment factories, out of 2,092, cleared Eid bonus so far: BGMEA
  • Light Engineering Assoc makes 7 proposals to boost export, expo begins 29 May
  • Foreign investors won't come until locals step forward: Ex-BGMEA president Kutubuddin
  • 10-month revenue growth plunges to five-year low amid NBR crisis

RMG exporters suffer order shortage, price drop: Survey

On average, the price trend has been showing 14 percent dip in the second half of 2020 compared to last year

Jasim Uddin
25 July, 2020, 12:05 pm
Last modified: 25 July, 2020, 01:07 pm
File Photo: Mumit M
File Photo: Mumit M

The country's apparel exporters have faced work order shortages as well as shrinking prices compared to last year, according to a recent survey of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

RMG exporters have booked only 35 percent of their production capacity for August-December period, and on average, the price trend has been showing a 14 percent decline, according to survey findings.

The BGMEA unveiled the report styled "Analysis of Factory Capacity Booking Survey" on Friday night.

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

The association prepared the report based on responses from their member factories last week. Only 100 factories responded to the survey out of about 2,000 operational factories.

The Business Standard has talked to about a dozen factories that have used up to 80 percent of their production capacity.

"In July, 56 percent of the total production capacity was booked. Considering the consolidated booking status for the second half of 2020, only 35 percent of the total capacity has been booked," reads the report.

The huge shortfall in order in the market has also made the price to take a nosedive. On average, the price trend has been showing a 14 percent dip in the second half of 2020 compared to last year, the report added.

Men's undergarments have the highest price decline of 43 percent, followed by babies' garments with 35 percent. Only knitted bottoms got a price hike of 6 percent this year, according to the survey.

As per various international studies, a massive drop in clothing consumption in the Western market is expected due to the continuing effect of Covid-19, said the BGMEA.

To understand the actual scenario, the BGMEA invited its respected members to provide detailed information on their orders in hand on its portal, and 100 factories responded.

"Based on that, we have projected the current market scenario for the second half (July-December) of 2020," said Khan Monirul Alam Shuvo, chairman, media and public relations standing committee of BGMEA.

He explained that factories are using 100 percent of their capacity in the last 10 years, but it may fluctuate as per peak season and off season.

Shuvo said apparel makers considered October to February as the super peak season as they are producing apparels for summer at that time.

Usually, August to September is the lean period for factories as they have shortage of orders, he added.

Shuvo hoped that booking of orders will be better by September if the global pandemic situation improves.

A number of top apparel brands have already announced that they will provide support during the pandemic by placing new orders, taking their ready goods and paying without any discount.

Top News

export / RMG / Apparel / brand / BGMEA

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

  • Illustration: TBS
    'Where is the transparency in economic activities of this government?' asks Debapriya
  • Infographic: TBS
    Deadlock over key reforms: Is there any solution in sight?
  • Representational image. Photo: Collected
    Saudi Arabia to celebrate Eid-ul-Adha on 6 June

MOST VIEWED

  • 6 troubled banks to be merged by July, govt to take ownership
    6 troubled banks to be merged by July, govt to take ownership
  • Selim RF Hussain. Sketch: TBS
    BRAC Bank MD Selim RF Hussain resigns
  • Bangladesh Army’s operations director Brigadier General M Nazim-ud-Daula talks to reporters at Army Headquarters on 26 May 2025. Photo: BSS
    Govt, army not at odds, working in unison: Brig Gen Nazim
  • Army reaffirms commitment to stand by the people, warns of strict action against mob violence
    Army reaffirms commitment to stand by the people, warns of strict action against mob violence
  • FY26 budget: Black money whitening in real estate to stay – but with 5x taxes
    FY26 budget: Black money whitening in real estate to stay – but with 5x taxes
  • KEPZ
    Gas crisis criticism: Petrobangla contradicts business leaders, says supply rose by 21% compared to last year

Related News

  • Apparel leaders, global buyers, regulators discuss overlapping audit challenges, compliance requirements in high-level meeting
  • 814 garment factories, out of 2,092, cleared Eid bonus so far: BGMEA
  • Light Engineering Assoc makes 7 proposals to boost export, expo begins 29 May
  • Foreign investors won't come until locals step forward: Ex-BGMEA president Kutubuddin
  • 10-month revenue growth plunges to five-year low amid NBR crisis

Features

In recent years, the Gor-e-Shaheed Eidgah has emerged as a strong contender for the crown of the biggest Eid congregation in the country, having hosted 600,000 worshippers in 2017. Photo: TBS

Gor-e-Shaheed Boro Maath: The heart of Dinajpur

1d | Panorama
The Hili Land Port, officially opened in 1997 but with trade roots stretching back to before Partition, has grown into a cornerstone of bilateral commerce.

Dhaka-Delhi tensions ripple across Hili’s markets and livelihoods

2d | Panorama
Photo: Collected

Desk goals: Affordable ways to elevate your study setup

2d | Brands
Built on a diamond-type frame, the Hornet 2.0 is agile but grounded. PHOTO: Asif Chowdhury

Honda Hornet 2.0: Same spirit, upgraded sting

2d | Wheels

More Videos from TBS

Trump delays 50% tariffs on EU goods

Trump delays 50% tariffs on EU goods

6h | Others
Eid may be celebrated in Bangladesh on June 7

Eid may be celebrated in Bangladesh on June 7

6h | TBS Today
TSMC begins construction on US semiconductor plant

TSMC begins construction on US semiconductor plant

7h | Others
Trump's tariff policy shock: US dollar dominance under threat

Trump's tariff policy shock: US dollar dominance under threat

9h | Others
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