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  • QASA Market Updates • Updates • Garment
     

    Local textile market share only 16%.


    There are at least four Japanese company expressed interest to build a garment factory in Central Java


    Investment value of the national textile industry grew from Rp 149.88 trillion in 2010 to Rp 151.77 trillion in 2011


    The national consumption of textiles and textile products by year-end is estimated at 1.49 million tons with US$ 11.9 billion value


    The textile industry will soon receive tax relief incentives (tax allowance)


    Sales of textiles in the domestic market is estimated to reach Rp 90 trillion next year


    PT Industri Sandang Nusantara (Persero) allocates US$40 million to expand its production capacity up to 2015


    Export to Turkey of 469,93 million USD recorded as the biggest one


    National synthetic fiber production is estimated to rise 28.5 percent to 1.8 million tons


    National garment export sales is estimated to rise around 21 percent


    The national textile and textile product industry grew 15 percent in the second quarter of 2011 from the first quarter of this year


    Sales of textiles and textile products in the domestic market in the first half of 2011 is estimated to reach Rp 30 trillion (US$ 3.54 billion)


    The market share of imported textiles in Indonesia during Ramadan and Idul Fitri this year is estimated to reach 60 percent and to reach Rp 8 trillion


    Textile and garment manufacturer begins using China’s machinery, which is 40% cheaper compared to Japan’s machinery


    The investment value of the textile industry and textile products in the first semester has reached Rp 3 trillion

    Textile and textile products producers to enhance a penetration level in a local market that is expected to be at IDR100 trillion this year


    The Industry Ministry estimates that the installed capacity utilization of the national textile industry will reach 85 to 90 percent this year


    Banks are becoming interested in the textile industry, once considered as a sunset industry


    The value of imported garments in 2010 penetrated on USD 126.2 millions or significantly rise up to 26 percents from last year


    Import value of electronic, garment, toys, food and beverage, and foodware increases 53,22% becoming US$4,3 billion in 2010 from US$ 2,8 billion in 2009

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