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Sluggish china, textile imports will rise

Sluggish china, textile imports will rise Source:
Date: 19-08-2013
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make China use Indonesia as a market for textiles and textile products (TPT) because the purchasing power of Indonesian people are still pretty big. As a result, textile imports expected to jump 10 percent this year.Chairman of the Indonesian Textile Association (API) Ade Sudrajat said, the economic 'Bamboo Curtain country' flagging making the country's textile producers in exporting their products abroad. "Well, the textile producers in China looking for positive growth markets, including Indonesia," he explained.
Ade says, the domestic market in China is slowing will impact on textile imports increased by 10% this year. Last year, the value of textile imports reached $ 5.3 billion (Rp 53 trillion). If grown 10%, meaning that the value of textile imports by the end of this year to reach 5.83 billion U.S. dollars (USD 58 trillion.

Ade predict, until the first half of 2013, the value of textile imports is about 3.1 billion U.S. dollars (USD 31 trillion). According to him, this figure also increased by about 10% compared to the same period last year.
Indonesia is a potential market for foreign textile manufacturers. Because, in addition to having a large population, Indonesia's economic growth was also positive.
Actually, Ade said, the domestic textile demand continues to increase from year to year. In 2000, a new textile consumption is about 4 kilograms (kg) per capita per year. "Now, textile consumption reached 7.5 kg per capita per year," he said.
Unfortunately, Ade says, the domestic textile manufacturers increasingly difficult to compete. Therefore, the production cost of textile manufacturers continue to increase along with rising labor costs and energy costs. As a result, the price of local textile products experienced a 14% increase, while imports of textile products can be sold at a cheaper price. The condition itself further weaken the competitiveness of local producers.
Director of Textile and Miscellaneous Industries Ministry of Industry, Build Ramon says, textile imports from China is quite large, especially garments. This imported garment products targeting the lower middle segment.
In fact, to facilitate the penetration of its products, Ramon says, textile manufacturers from China continued to increase the variety of products. "In terms of quality, our product is actually superior to the imported products," he said.
Well, because the garment sector is quite vulnerable, Ade says, the API is preparing proposals imposition safe guard apparel products imported. By doing so, the domestic garment manufacturers a chance to compete in the domestic market. KTN
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