Nigeria Shoes And Clothing Textile Industry Grows Obviously
< p > although the shoe and clothing industry in Nigeria is constantly facing challenges, the growth trend is still obvious. < /p >
< p > capacity utilization is a measure of the relationship between actual output and potential output, and is also an important indicator of the health of the industry. 2013 (2013 stores) in the first half of the year, the utilization rate of footwear and textile industry in Nigeria was 37.4%, and increased to 44.9% in the second half of the year. However, according to the data released by the Nigeria Manufacturers Association, the capacity utilization rate of the industry in the first half of 2012 was 46.7%, reaching 50.8% in the second half. < /p >
< p > because of the growth of raw materials purchased by domestic enterprises, the proportion of local investment in the first half of 2013 was 52.86%, accounting for 60.79% in the second half. The figure is better than 34.46% in the first half of 2012 and 47.22% in the second half. < /p >
The decrease of < p > a href= "http://www.91se91.com/news/index_s.asp" > inventory < /a > implies the success of enterprises. In the first half of 2012, inventories reached 1 billion 600 million billion dollars ($9 million 920 thousand); in the first half of 2013, it dropped to 418 million (2 million 591 thousand and 600 dollars), while the second half was reduced to 401 million (2 million 486 thousand and 200 dollars). < /p >
< p > 2013, Nigeria has 53955 new employment opportunities in the footwear and textile industry. In 2013, the company invested 2 billion 714 million billion dollars ($16 million 826 thousand and 800) for land and buildings, factories and machinery, furniture and equipment, automobiles and construction. < /p >
< p > analysts believe that if the problem of enterprise environment, infrastructure and business models can be solved, the industry will have a better development. < /p >
P Paul Jaiyeola Olarewaju, President of the Nigeria Textile Manufacturers Association, said that there were only 10 textile manufacturers in the country, and textile and garment manufacturers were faced with multiple factors: Asian cheaper imports, unsmooth energy supplies, financial services hard to get, northern enterprises lacking fuel, and Nigeria people and governments unwilling to buy their products. < /p >
< p > "government agencies do not patronize their industries. The government often gives contracts to overseas enterprises to import the required uniforms. Nigerians need to learn to appreciate their products. " He said. < /p >
< p > the world's < a target= "_blank" href= "http://www.91se91.com/" > leather < /a > footwear industry is in the peak period of development. The Daily Star of Bangladesh reported that between July 2013 and April 2014, the leather industry of the country benefited from competitive pricing and product quality improvement, with a total export value of US $1 billion 60 million. This is an opportunity for Nigeria, which has the necessary raw materials. < /p >
< p > Nigeria leather shoes industry has a total value of US $680 million, "Olusegun Aganga, Minister of industry and trade" said. He helped set up a committee to ensure that the industry could generate 20 billion billion dollars of income per year ($124 million). But enterprises have pointed out many problems. "First, a pair of shoes from Asia only need 1000" 6.2 "dollars. How can we compete for high production costs? Although we have more advantages in the mainland, our people prefer to buy shoes from abroad. " John Wabuke, a shoe maker in Aba, Southeast of Nigeria. < /p >
< p > the leather footwear industry in Nigeria believes that backward technology, large consumption of animal skins, low price of raw leather, lack of national standards, and disorderly export of animal skin are all problems that need to be solved in order to improve the competitiveness of the industry. < /p >
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