For the third quarter Indonesia’s textile and apparel industry contracted by -3.34 per cent year-on-year reveals Central Statistics Agency (BPS) data. In the first quarter the textile and apparel industry contracted by 13.28 per cent. In the second quarter there was a 4.54 per cent decline. As for last year, the textile industry contracted by 8.88 per cent. However, the Indonesian Textile Association (API) remains optimistic about a turnaround by the end of the year, driven by high demand and the recovering market. Even if this does not happen, the industry hopes to reduce the contraction rate compared to last year. Utilization began to improve in October 2021 and almost reached 80 per cent. The average utilization of the textile industry in September 2021 was at 72.31 per cent. In contrast, the apparel industry reached 84.83 per cent, and the leather, leather goods and footwear industry reached 80.18 per cent. The utilization dramatically improved between September to October. Improvement is also reflected in the achievement of Indonesia’s manufacturing purchasing managers' index, which reached 57.2 in October 2021.

In addition, Indonesia hopes to benefit from efforts to diversify supply chains and shift orders to Indonesia from other countries. Orders are also made in the long term, making it easier for business actors to design work plans.

By Fashionating World
https://www.fashionatingworld.com/new1-2/indonesian-textiles-and-apparel-sector-sees-a-drop