The textile and textile product (TPT) industry, which is a sector that plays an important role in supporting the national economy, its investment value in 2022 will still grow positively with an investment value in the text industry of IDR 8.22 trillion. This figure has increased by 130 percent when compared to 2021. This was stated by the Director of the Textile, Leather and Footwear Industry, Adie Rochmanto Pandiangan, to reporters in Jakarta yesterday. Meanwhile, it was also explained that investment in the garment industry (apparel) was also still growing positively with an investment value of IDR 6.84 trillion, an increase of 131 percent compared to 2021.
Only the leather and footwear industry will increase its investment in 2022 by 22 percent or IDR 9.53 compared to 2021.
It was explained that the TPT industry grew positively in 2022 by 9.34% YoY even though it had experienced a slowdown based on QtoQ from 3.33% in QI 2022 to 1.64% in QI 2022. It was also stated that the contribution of TPT to GDP was m,engal and Oktopberami decreased from 1.06% in 2021 to 1.03% in 2022.
However, cumulative exports in 2022, according to Adie, have increased by 6.56% when compared to 2021. However, when viewed on a monthly basis throughout 2022, there has been a decrease in exports in July, August, September and October which amounted to 2. 00 %, 0.34 %, 20.14 % and 10.03 %.
When asked about imports, it was said that a cumulative increase of 8.6% in 2022 compared to 2021. However, Adie added that when viewed on a monthly basis throughout 2022 it showed a decrease from July 1.20% to 3.54% in December.
Production Base
Meanwhile, Deputy for Coordination of Commerce and Industry Ali Murtopo Simbolon, representing the Coordinating Minister for the Economy Airlangga Hartarto, at the Adidas Global Partner Summit last Tuesday said that despite facing tough challenges and the threat of recession, Indonesia's economy was able to grow positively by 5.31% (yoy) in 2022.
"One of the sectors that has become a catalyst in driving the performance of the national economy is the textile and textile product (TPT) and footwear industry," said Ali.
Indonesia itself has the potential to become a major market, production base and export center for the world's TPT and footwear industries with many advantages. Indonesia is a country with the 16th largest economy in the world, has a very small chance of a recession of 3% in 2023, has a very large domestic market with a population of 273 million, a significantly increased demographic bonus, and economic conditions. relatively stable political and economic
High competitiveness is the key to achieving optimal export performance. Nevertheless, the import of raw materials becomes an inseparable part. The challenge of supply chain integration is very important to be resolved immediately.
