Three Indonesian tire manufacturers, all listed on the Indonesia Stock Exchange, are showing the same trend over the past year: earnings from the domestic market are rising, while earnings from exports are declining. This could be a sign that Indonesia's domestic automotive market has been improving or the international industry has been weakening (or both). The three tire manufacturers are Gajah Tunggal, Multistrada Arah Sarana, and Goodyear Indonesia.
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Berita Hari Ini Tire Industry
Sales of tires in Indonesia are expected to remain bleak in 2016. Azis Pane, Chairman of the Indonesian Tire Companies Association (APBI), said sales of tires this year may only reach 8.5 million units (roughly the same sales figure as in the preceding year), while exports of Indonesian-made tires may fall to 30 million units (from a "normal" figure of 45 million). Domestic tire sales are highly dependent on the nation's car and motorcycle sales. Indonesia's February motorcycle sales declined 5.6 percent (y/y) to 524,864 units in February 2016, after a 17.2 percent (y/y) plunge in the preceding month.
Pertumbuhan industri ban Indonesia diperkirakan akan tetap stagnan setidaknya sampai kuartal terakhir 2016 karena rendahnya daya beli masyarakat sedangkan peredaran uang lambat di tengah kelesuan pertumbuhan ekonomi. Penjualan dalam negeri ban di Indonesia diperkirakan mencapai sekitar 8,25 juta ban di tahun 2016 penuh. Sementara itu, sekitar 30 juta ban diharapkan akan diekspor tahun depan. Dengan demikian, total penjualan ban di Indonesia diperkirakan mencapai sekitar 38 juta pada tahun 2016.
Artikel Terbaru Tire Industry
In mid-September 2013, South Korean tire producer Hankook Tire, conducted the inauguration of its tire plant in Indonesia. The factory is located in Cikarang (West Java) and is the company's seventh production center in the world: two plants in Korea, three in China and one in Hungary. Annual production capacity of the two factories in Korea reached 46.1 million tires in 2013. Meanwhile, the three factories in China have an annual capacity of 30.8 million units each. In Hungary, annual capacity stands at 12.6 million tire units.
Bisnis Terkait Tire Industry