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Berita Hari Ini Ceramics Industry

  • Company Profile of Arwana Citramulia: an Indonesian Ceramic Manufacturer

    Indonesia Investments updated the company profile of Arwana Citramulia. The company is one of the big four ceramics manufacturers in Indonesia, commanding a domestic market share of 20 percent in Indonesia's ceramics industry. It produces low cost ceramic tiles to serve the medium-low segment market nationwide. As Indonesia's ceramic consumption is still very low at one square meter per capita, the company expects good growth in the years ahead and therefore opened a fourth plant in 2013.

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  • Ceramic Industry Indonesia: Bleak Local Demand, Exports Rise

    Elisa Sinaga, Chairman of the Indonesian Ceramic Industry Association (ASAKI), still expects domestic demand for ceramic products to remain bleak as there are no signs of improvement originating from Indonesia's property sector (compared to last year). However, Indonesia's ceramic exports are expected to rise in 2017.

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  • Ceramic Industry of Indonesia Weakens on Slowing Property Sector

    Utilization of Indonesia's installed ceramic production capacity fell from 92 percent in 2014 to 62 percent in 2015, while the country's ceramic sales plunged 28.6 percent (y/y) to 350 million square meters over the same period. Elisa Sinaga, Chairman of the Indonesian Ceramic Industry Association (ASAKI), said ceramic sales have fallen over the past two years due to slowing economic growth and the sluggish property sector. Sales are expected to remain stagnant in 2016.

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  • Indonesia's Ceramic Producer Arwana Citramulia to Take-Off in 2016

    Higher sales, higher selling prices, and lower production costs are expected to impact positively on the performance of Arwana Citramulia, one of Indonesia's big four ceramic manufacturers. The company's ceramic sales volume is projected to surge 35 percent (y/y) to 53 million square meters in 2016 from this year's estimated 40 million square meters, partly supported by the start of operations of Arwana Citramulia's new factory in Mojokerto (East Java). Arwana controls about 26 percent of Indonesia's ceramic tiles market among low-income consumers with its two flagship brands: Arwana and Uno.

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