The Situation Deteriorates, And Foreign Businessmen Lack Confidence.

The political situation continued to deteriorate, and foreign orders in Thailand's footwear industry were reduced. 10-20%, chairman of the Thailand Footwear Association, said that the current political problems continued to deteriorate, giving foreign businessmen a lack of confidence in Thailand's situation, and worried that Thailand factories could not turn to Thailand's competitive state ordering products in accordance with the delivery order, resulting in Thailand shoe making enterprises. Foreign orders Reduce 10-20%, especially orders from the US and Europe.

This situation has great influence on Thailand shoe making enterprises, because most of them have financial constraints for small and medium enterprises. At the same time, shoemaking enterprises are also affected by the rising production costs in Thailand and the increase in labor wages than those in rival countries.

There are more than 300 enterprises in Thailand shoe making industry, more than 200 of which are members of the association, and 12 of the main members of the association are shoe manufacturers, In any case, the growth of export of footwear products in Thailand in 2014 was estimated to be 34%, and the total value of exports was about US $800 million, a low growth rate for several consecutive years. The reason is that Thailand shoe factories continue to migrate to neighboring countries, and the number of factories that migrate is increasing.

The chairman of the Thailand Footwear Association said that the current political problems continued to deteriorate, giving foreign businessmen a lack of confidence in Thailand's situation, and worried that Thailand factories could not turn to Thailand's competitive country to order products, which resulted in a reduction of 10-20% in foreign orders of Thailand shoemaking enterprises, especially orders from the United States and Europe.

This situation has great influence on Thailand shoe making enterprises, because most of them have financial constraints for small and medium enterprises. At the same time, shoemaking enterprises are also affected by the rising production costs in Thailand and the increase in labor wages than those in rival countries.

There are more than 300 enterprises in Thailand shoe making industry, more than 200 of which are members of the association, and 12 of the main members of the association are shoe manufacturers, In any case, the growth of export of footwear products in Thailand in 2014 was estimated to be 34%, and the total value of exports was about US $800 million, a low growth rate for several consecutive years. The reason is that Thailand shoe factories continue to migrate to neighboring countries, and the number of factories that migrate is increasing.

At the same time, according to the news of Thailand media in January 28th, the chairman of the Thailand Footwear Association said yesterday that the political problems continued to deteriorate, which made foreign businessmen lack confidence in Thailand's situation, and worried that Thailand factories could not buy products according to the orders sent to Thailand, resulting in a reduction of 10-20% in foreign orders for Thailand shoe manufacturers, especially orders from the United States and Europe.

This is true for Thailand. Shoemaking enterprises The impact is enormous because most small and medium enterprises have limited funds. At the same time, shoemaking enterprises are also affected by the rising production costs in Thailand and the increase in labor wages than those in rival countries.

There are more than 300 enterprises in Thailand shoe making industry, more than 200 of which are members of the association, and 12 of the main members of the association are shoe manufacturers, In any case, the growth of export of footwear products in Thailand in 2014 was estimated to be 34%, and the total value of exports was about US $800 million, a low growth rate for several consecutive years. The reason is that Thailand shoe factories continue to migrate to neighboring countries, and the number of factories that migrate is increasing.

Bangkok appears Anti government demonstrations And the announcement of the implementation of the emergency law resulted in a decrease of 20-30% from customers in Europe and Vietnam and a 50% reduction in Philippines customers. The products exported to Europe are designed for Thai people and fashion clothes produced in Thailand's community economic entities, such as Chiang Mai and Mu bang. However, customers from Spain, France and South Africa continue to buy fashionable clothing products from Thailand.

This year, the centre has set the target of 30 billion baht for export products, but it is not sure whether it can be completed. Although the European and US economies are beginning to improve, Thailand's exports are also constrained by domestic political factors. In 2013, the export value was about 25 billion baht, and it did not reach the target of 30 billion baht.

Since November 2013, workers in Thailand's processing factories do not have to work overtime, and some operators have gone to China and India to purchase products, because the industrial chain of fashion clothing processing and production in these countries is perfect, and the labor price is lower than that in Thailand. Although Thailand has the advantage of winning the design, this is the direction that Thailand fashion garment processing industry striving for to enhance its added value, because production costs can not compete with China and India.

At the same time, domestic sales also have the same trend as 20-30% reduction in exports. The wholesale center has annual sales of about 15 billion baht, which was reduced to 14 billion baht last year due to slowing economic growth and political problems. In 2014, sales were expected to reach 15 billion baht, because the estimated political situation would be eased. The depreciation of Thai baht will also help foreign customers buy more products. At present, foreign customers do not come to purchase, because of the Thailand government's travel safety warning issued by their national government.