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China'S Cheap Shoe Products Are Popular In Indonesia

2010/12/7 11:42:00 60

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China Cheap Shoes Indonesia Market

Recently,

Indonesian footwear industry

Addie, general chairman of the association, pointed out that the people of Indonesia are right.

Chinese shoe products

The interest is quite high, because it is cheap.

Rubber shoes

Student shoes and lower class shoes.

For example, he usually sells shoes for each pair of 75 thousand to 129 thousand shields (about $8.5 to $14.5), while Chinese products are only 35 thousand to 60 thousand shields (between $4 to $7); domestic rubber shoes are 14 thousand to 30 thousand shields per double (about $1.6 to $3.4), and Chinese rubber shoes are only a pair of 7000 shields (about $8.5).

Indonesian Footwear Association advisor Qi mentto said in November 22nd that all domestic footwear, including slippers, will sell more than 27 megabytes (US $3 billion) this year, up 30% from last year.

Sales in 2008 and 2009 were affected by the global crisis.

In addition, sales of footwear for export will increase by 30% this year, from $1 billion 800 million last year to more than $2 billion.

Nevertheless, he admits that domestic and export markets are still hampered by soaring raw materials and foreign imports, because some Indonesian raw materials need to be imported annually, with about 2 million 500 thousand pieces per year, while only 1 million 500 thousand domestic supplies are available, mainly in Brazil, India, Argentina and Pakistan.

As for the import volume of imports this year will increase by 1 times, he said that all footwear imports surged this year due to the impact of the ASEAN China FTA agreement, and imports will be 1 times higher than that of last year.

According to Indonesia's Ministry of trade data, footwear imports amounted to US $63 million 558 thousand last year. In January this year, we imported 7 million 34 thousand US dollars, 6 million 800 thousand US dollars in February, 6 million 701 thousand US dollars in March, and 8 million 775 thousand US dollars in April, compared with 13 million 226 thousand US dollars in May.

In addition to raw materials supply and import surging, high bank interest rates and expensive pport costs have also become an obstacle to shoe sales.