Indonesia Determined to Increase Export of their products to Brazil : http://beritadaerah.co.id/2015/09/07/indonesia-bertekad-meningkatkan-ekspor-produk-unggulannya-ke-brasil/7 September 2015
Decline in the value of exports and demand for the products of Brazil to make the Ministry of Commerce to take strategic steps to increase exports to this country. Brazil which is one of the countries in Latin America that could potentially be exported number of excellent products the country of origin, one rubber gloves.
Products rubber gloves numbered HS 4015 is very prospective in the Brazilian market. The conditions of the market price of rubber down will make the market price of these products can compete with exporting countries such as Malaysia, Thailand and others. Indonesia is known as one of the largest rubber producer in the world, is very likely the product RI broadly enter the Brazilian market. On the other hand, the demand of some Brazilian importer of the product latex gloves was also quite large.
Association of Indonesian Rubber Gloves (ASTA) said the decision re imposition of value added tax (VAT) on agricultural products make product competitiveness weakened association members.
Supreme Court through the Supreme Decree No. 70 of 2014 decided to cancel the majority of articles in the Government Regulation No. 31 of 2007. As a result, agricultural products re subject to value added tax (VAT) of 10%.
ASTA Chairman Ahmad Saifun said that with the VAT, the cost of production of the raw material reaches 60%, so the impact of increased costs significantly influence the selling price.
"How can compete at this rate, this rate is not wrong if the remaining seven factories out of business. All shocked, industrial gloves overwritten gas, the cost of electricity and ESD now, "he told Bisnis.com, Monday (08/25/2014).
Judging by the performance of the semester I / 2014, national rubber glove production dropped 5% compared with a year ago amounting to 6 billion pairs, while the production target in 2014 reached 12 billion pairs of the same as last year.
Saifun said in the next few years it is not impossible the performance of the industry in Indonesia will be overtaken by Vietnam and Myanmar that the rubber industry has begun to grow.
He said that while Indonesia as a major rubber producing countries in the world, but support for the development of the industry is not visible.
"Whereas the glove industry is able to absorb up to 97% natural rubber. It was very good, should be supported. But his support is not visible, such as the delivery of raw materials, if the cost of Jakarta Rp14 million per container while Bangkok is only 7 million, "he said.
Other Rubber Products Manufacturing in Indonesia
Indonesia Industry Report and Market Research
April 25, 2024
Industry Code : C3559
Forecast to : 2028
Definition
Other Rubber Products Manufacturing in Indonesia This industry consists of establishments engaged in the manufacture of all kinds of goods made from rubber including rubber carpet, rubber gloves, belt conveyors, sports shoes etc
Activities
The primary activities of firms in this industry are:
The Other Rubber Products Manufacturing industry in Indonesia research report contain trend analysis, statistics, market size information, industry growth rates as well as major competitors.
Major market segments are identified and also those forces affecting demand and supply within this industry. Performance analysis includes emerging industry trends as well as recent results and performance of each key company. Drawing on the depth of information DIS also provides 5 year forecasts for this industry.
The comprehensive study also examines details such as the barriers to entry, operating cost structure, technology & systems and domestic & international markets. Tables and statistics include: Industry revenue, exports, imports, wages and number of companies in the industry, Industry growth and geographic regional data.