Indonesia's leather products suppliers to hold export quotes by relying on abundant sources of indigenous raw material
Indonesia Sourcing Report: Leather Products offers buyers quality suppliers of new fashion accessories, footwear and garments.
- (1888PressRelease) January 26, 2011 - INDONESIA - To increase competitiveness in the market, Indonesian suppliers of leather products plan to hold export quotes in the next six months, made possible by the abundant source of locally available raw materials. This is according to the Indonesia Sourcing Report: Leather Products.
The Report features profiles of 32 export suppliers with verified manufacturing and production capacity, plus descriptions, prices and packaging details for more than 145 popular export products ranging from handbags and wallets to jackets and sandals.
The non-profit Kearny Alliance produced the report with the support of its partner in development, Global Sources.
"Buyers note that Indonesia's leather goods producers have extensive experience making intricate handworked products," said Alex Boome, program director of the Kearny Alliance. "Another competitive advantage is the abundance of raw materials."
Survey results show stable prices, makers target EU market and emphasis on design
"Supplier survey results show that 75 percent of interviewed suppliers plan to hold export quotes," Boome said. "The rest will keep increases between 5 and 10 percent."
In addition to industry overview and prices forecasts, other high-level results the Report offers include:
40 percent will target the EU as the main export destination;
70 percent anticipate export sales to increase at least 10 percent; and
80 percent plan to focus on more decorative elements and designs.
Total annual exports of featured suppliers are more than $18.6 million. They employ roughly 800 full-time workers, who can produce up to 162,000 million pieces a month.
More sourcing opportunities for global buyers, more jobs created
"Our Sourcing Reports are important components of the Kearny Alliances' Developing Country Export Assistance Program," Boome said. "The aim of the program is to assist small- to mid-sized export manufacturers in Indonesia, Cambodia, Vietnam, India, Indonesia, and the Philippines to tap new export markets. As a result, suppliers can create sustainable jobs for more people.
"We can only succeed in our mission if we give buyers information on quality suppliers who understand their requirements. The suppliers we feature in Developing Country Sourcing Reports have rich export experience and are eager to work with new overseas buyers."
Several suppliers featured in this report have been working closely with the Export Service Centre Indonesia (http://www.ExportServiceCentre.com), a social enterprise of the Kearny Alliance. The Export Service Centre offers helps buyers source profitably from Indonesia.
Sourcing Reports for Vietnam, India, Cambodia, the Philippines and Indonesia
The Indonesia Sourcing Report: Leather Products is one of a series of Reports.
Other Sourcing Reports available online are:
* Bamboo & Rattanware, Wooden & Bamboo Furniture, Kitchenware, Bags, Baby & Children's Toys & Garments, Footwear, Ceramic & Porcelain, Garments, Home Decor, Fashion Accessories, Lawn & Garden, Lacquer ware, Indoor & Outdoor Furniture
* Ceramics, Craft & Promotional Gifts, Glass & Metal Tableware, Fashion Accessories, Garments
Silk Fashion Accessories
* Home & Garden Decor, Fashion Jewelry, Christmas Decorations, Indoor & Outdoor Furniture
* Home Décor, Indoor & Outdoor Furniture, Footwear
* Indoor & Outdoor Furniture
The next Sourcing Report to be published will be Vietnam Sourcing Report: Building Materials and will be available to purchase online at http://www.kearnyalliance.org/sourcingreports.
About The Kearny Alliance
The Kearny Alliance, a US nonprofit 501 (c) (3) foundation, partners with other international organizations to further its mission of 'Aid through Trade', to advance international development and poverty alleviation through trade-related business, education, training and applied research/
Key programmatic areas include:
* Livelihood development at the grassroots level: Through the social enterprise Export Service Centre in Indonesia and Cambodia, the Kearny Alliance assists small producers who do not have the capacity to export direct to participate in the global economy. It estimates that in 2009 it created more than 3,800 jobs.
* Job creation for small & medium producers: Through the Developing Country Export Assistance Program, the Kearny Alliance connects smaller exporters in developing Asia with buyers worldwide. Surveys of beneficiaries show that suppliers have received $772,000 in export orders, and they expect more than $5,500,000 to develop in the next 12 months.
* Education & skills development: The Kearny Alliance offers stipend support for students from Myanmar, Cambodia, Vietnam and mainland China to study in Hong Kong and the US. The dozens of Kearny Alliance Scholars receive internships and on-the-job training in export-related companies and organizations in 10 countries.
* Trade policy research: One major initiative is The Future of US China Trade .Com, an online center for data, analysis, and insightful discussion on U.S. - China trade offering Forum Discussions, News & Analysis, Facts & Figures, Discussion Outcomes, Book reviews and Meet the Experts. This was developed from The Kearny Alliance - Arizona State University forums on China, trade and the world economic order high-level series of interlinked meetings - held in Phoenix and Beijing which explored potential solutions to issues and challenges of mutual benefit to China-US trade relations.