Indonesia
Shortage of raw materials threatens Indonesian footwear industry
The footwear industry fears a raw materials’ crisis due to the ongoing energy crisis in China, which is causing a delay in deliveries. The sector remains very dependent on Chinese products
China’s share in footwear production down by 13% in a decade
China is the unquestionable leader in footwear production, having achieved a share in the world total of 54.3% in 2020. This translated into more than 11 billion pairs produced by China last year. However, in a decade, the share of China in global footwear production was down by 13%, corresponding to more than 8 percentage points lost and going down from a 62.4% share in 2010
Indonesian footwear exports with 8.97% annual growth
According to Aprisindo, the Indonesian Footwear Association, the country's footwear industry has recorded a good performance in 2020, with exports experiencing an annual growth of 8.97%
Brazilian footwear claims anti-dumping against Vietnam and Indonesia
According to Abicalçados, the Brazilian Footwear Industries Association (Abicalçados), anti-dumping is high on the agenda for 2021, with the renewal of the existing duty over Chinese products, and its expansion to Vietnam and Indonesia
The world's largest trade agreement
The Regional Comprehensive Economic Partnership was signed by China, Japan, South Korea, New Zealand and Australia, plus ten Southeast Asian economies, Indonesia, Thailand, Singapore, Malaysia, the Philippines, Vietnam, Burma, Cambodia, Laos and Brunei
Indonesian economy grows by 5%
According to the Indonesia-Investments.com economic growth in the third quarter was in line with expectations, but there is need for structural reforms to ensure growth accelerates
Indonesia wants to stimulate the manufacturing activity
The local Government and the Bank Indonesia have agreed six strategic measures to accelerate manufacturing industry strengthening efforts
Indonesia presents its Footwear Creative Competition
The Indonesia Footwear Creative Competition (IFCC) is an initiative by the Indonesian Footwear Industry Development Center (BPIPI). The IFCC aims to set itself as a benchmark creative event in the field of footwear
Indonesia targeting the top 3
The country’s footwear production reached 1.185 billion pairs in 2016, making Indonesia the 4th largest manufacturer. Now, authorities are focused on moving the country's production capability to the big three
Indonesian authorities call for quality, design and branding
Ngakan Timur Antara, Head of the local Agency for Industrial Research and Development, said it is important for the country’s footwear industry to improve several attributes in order to claim a bigger share of the global footwear market
Indonesian footwear exports expected to grow up to 10%
At least that is the belief of APRISINDO, the Indonesian Footwear Association, which is forecasting footwear exports growth to be in the region of 5% to 10% in 2017
Indonesia considers rising tax on leather exports
Several local media reported that the government may increase excise taxes on exports of unprocessed and semi-finished leather to restrict sales abroad. A serious matter given the local shortage of such raw material-
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