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Britain Will Ban Imports From China

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Textile Industry Optimistic Could Recover This Year

Trade Surplus, Textiles Industry Still in the Red Zone

APR Encourages Supply Chains as the Focus of the Road Map

Pakistan's Exports to Indonesia Supported by Textile Products

ARGO Optimistic Will Improve Performance in 2021

APSyFI : PLB Threatens to Eliminate US $ 8.3 Million Yarn Exports

Stake Holder : Textile Industry Needs Fundamental Changes

Throughout 2022, the textile and textile product industry will be like a roller coaster. After experiencing very impressive industrial growth in Q1 and Q2 of 13% and 8% respectively, growth in Q3 and Q4 turned negative Q to Q. Even though exports were constrained by freight costs and a shortage of containers in Q1 and Q2, the domestic market became the focus without interruption of imported products. However, in Q3 and Q4, imported goods began to flood the market causing domestic products to come under pressure. Coupled with the slowdown in the export market in Europe, the United States and other markets, this has put greater pressure on domestic producers from upstream to downstream. This condition has forced many companies to reduce their production capacity due to high stock levels and forced to lay off some of their employees.

We all hope that in 2023 conditions will improve so that industry performance can return to normal.

The improvement in the condition of the National Textile and Textile Product (TPT) industry in February has brought fresh air for producers. Although interspersed with the Enactment of Community Activity Restrictions (PPKM) which slightly put pressure on sales, in general sales on the domestic market in February were better than in previous months.

2020 has passed as a quite tough year for the national textile industry which must experience a deep contraction in utilization due to COVID-19. Even though in the last 3 months there has been an improvement in utilization, the threat of this pandemic continues to haunt and create uncertainties in business conditions. In other side, the agenda to improve the performance which includes trade policies and improving competitiveness which are still homework for all stake holders.