INDONESIA AS NEW EMERGING MARKET

Monday, August 28, 2006

COTTON IMPORT MARKET IN INDONESIA

Indonesia is heavily dependent on cotton import for fulfilled supply for spinning industry. The scarcity of cotton supply in Indonesia from 1993 to 1995 posed difficulties on textile and clothing producers in the country in obtaining cotton and synthetic fiber supply.

Indonesia's cotton imports has so far been managed by several shippers like Collon of the USA, Daiwa, KIA, Nisho Iwai, and several other Japanese companies as well as International Kokkon, a shipper from Uzbekistan.

Indonesia's cotton import rose from 454,000 tons in 2004 to 570,000 tons in 2005, but the import value was down from US$686 million in 2004 to US$427 million in 2005.

Most of imported cotton supply has so far been received from the United States (31.37%), and the rest come from Australia (19.87%), Brazil (8.80%), South Africa (5.30%), India (2.74%), Pakistan (2.80%), and several other countries.

The biggest cotton consumer in Indonesia is the spinning industry, especially industrial company’s that produce yarn with 100% of their basic material consisting of cotton fiber. Other kinds of yarn that consume much cotton are tetoron cotton (TC) and CVC. The other cotton consumers of cotton are cosmetics industry, which produce cosmetic cotton that only consume around 2% from total consumption.

0 Comments:

Post a Comment

<< Home