Indonesia: cement sales to April up 4.2% YoY

Indonesia: cement sales to April up 4.2% YoY

Cement sales in Indonesia reached 19.3Mt in the four months from January to April 2016, reports Indonesia Investments. This represents a 4.2 per cent increase on the same period in 2015.

Rising supply from new entrants to the market has driven most of the consumption growth. Of the three biggest incumbents – Semen Indonesia, Indocement Tunggal Prakarsa and Holcim Indonesia – only the first saw YoY volume sales rise in April 2016 while both Indocement and Holcim reported double digit declines.

The Indonesian Cement Association said that demand was being driven by public sector infrastructure development, but added that rain in April had hampered such projects and property development alike.