Development in Indonesia's housing and property sectors is still strong, thus it is assumed that the current slowdown is only temporary.

Per capita cement consumption in Indonesia - which currently stands at around 200 kilogram per year - is still one of the lowest in Asia.

  January February Total YTD
Cement Sales
(in million metric tons)
   4.65     4.39      9.04

Largest Indonesian Cement
Domestic Market
Semen Gresik             40%
Indocement Tunggal Prakarsa             33%
Holcim Indonesia             16%
Bosowa Corporation¹              5%

¹ private company