Cashmere factories joined experience sharing tour
Mongolian Sustainable Cashmere Platform of UNDP Mongolia in collaboration with Wool and Cashmere Council of the Mongolian National Chamber of Commerce and Industry organized experience sharing tour among cashmere factories. 45 representatives from 18 cashmere factories such as Munkhbumuud LLC, Finewool LLC, Gobi-Erdene Cashmere LLC, Gobi LLC, Buuvee Cashmere LLC, Maam Cashmere LLC, Khanbogd Cashmere LLC, Gurvan Sor LLC, and a member from herder production organization called Guchin Gurvyn Tuuchee of Arkhangai province participated the tour.
"Sor Cashmere" LLC has the capacity to process 500-700 tons of cashmere per year. Sor Cashmere has the capacity of carrying out all the stages of production including dehairing, spinning and weaving and till the finished products. Sor Cashmere produces 3,000 final products per month, 90 percent of which are exported, and 50 tons of cashmere, yak wool, and camel wool yarn in more than 60 colors are produced and supplied to other factories.
"Mongol Textile" JSC initially started its operation as a weaving workshop of the wool processing plant and has expanded to produce yarns and woven and knitted products from cashmere, yak wool, camel and sheep wool. Mongol Textile produces 100 tons of yarn per year and continuously supplies national knitting factories with good quality yarn, and exports its products to South Korea, and the European Union.
Goyol Cashmere LLC produces and trades wool and cashmere products. It produces 200,000 products of 24 types and supplies them to domestic and foreign markets. More than 40% of its total sales are export to South Korea, Japan, and China and the EU.
Mongolia supplies more than 40% of the world's raw cashmere market and more than 10% of the finished product market of cashmere. To increase the competitiveness of cashmere, it is important to produce value-added end products and increase export volume.
During the experience sharing trip, representatives of the factories mentioned the problems of the wool and cashmere sector such as need for expanding cooperation, development of clusters, and lack of skilled workforce. In addition, it was clarified that the government's decision to export dehaired cashmere starting from 2023 is a step that increases the value addition domestically.
The Wool and Cashmere Council of the Mongolian National Chamber of Commerce and Industry has established working groups responsible for the development of sectoral policies, human resources, competitiveness, and product development.