Indonesian sees full year 2011 demand rise 17%

Indonesian sees full year 2011 demand rise 17%
11 January 2012

Indonesia's domestic cement sales grew 17 per cent in 2011, supported by property construction, Indonesia's cement association (ASI) said on Wednesday.

Total domestic cement sales in 2011 reached 47.9Mt, with more than half the sales in the main Java island, data from the association showed.

"Indonesia had large physical development during 2011 and the result followed strong economic growth figures. We also saw a huge decline in exports... which means domestic suppliers prioritised the domestic market," said the association's chairman Urip Trimuryono.

Total cement exports fell 59.1 per cent to 1.2Mt from 2.9Mt in 2010.

December sales rose 16.6 per cent from a year earlier to 4.6Mt. The association has forecast cement sales growth at six per cent this year.


Published under Cement News

Tagged Under: Indonesia