Below is a list with tagged columns and company profiles.

Today's Headlines Ceramic Sales

  • Not a Good Year for Indonesia's Ceramic Manufacturers

    Not a Good Year for Indonesia's Ceramic Manufacturers

    There still seems no light to appear at the end of the tunnel for ceramic manufacturers in Indonesia. The ceramic industry is largely dependent on the property sector. However, as Indonesia's property sector growth has remained insignificant so far in 2017, there is few room for ceramic sales growth. Moreover, local ceramic producers have to compete with cheap imports from abroad.

    Read more ›

  • Is the Ceramic Industry of Indonesia in Danger?

    Is the Ceramic Industry of Indonesia in Danger?

    Indonesia's ceramic industry has cut utilization of its total installed production capacity to the range of 30 - 50 percent, implying that ceramic manufacturers in Southeast Asia's largest economy are producing less than half of what they could produce. Low utilization of production capacity is the result of weakening ceramic sales over the past couple of years (mainly due to the sluggishly performing property sector of Indonesia). Some ceramic producers have slashed prices by up to 20 percent in a bid to boost sales and reduce stockpiles of ceramics at their warehouses.

    Read more ›

  • Ceramic Industry Indonesia Plagued by Weak Property Sector

    Ceramic Industry Indonesia Plagued by Weak Property Sector

    Several Indonesian ceramic producers have reportedly stopped production as stocks of ceramics are piling up at their warehouses. Normally, in the good old days when there existed high demand for ceramic products (due to Indonesia's booming property sector), stocks of ceramics lasted for only two weeks. Now, however, amid sluggish growth of Indonesia's property sector, the existing stocks of ceramics are estimated to cover at least three months.

    Read more ›

  • Production Costs in Indonesia's Ceramic Industry Could Fall 35%

    Production Costs in Indonesia's Ceramic Industry Could Fall 35%

    The Indonesian Ceramic Industry Association (Asaki) estimates that production costs in Indonesia's ceramic industry could decline up to 35 percent now the government plans to lower the gas price for industrial usage. Elisa Sinaga, Chairman of the Asaki, said Indonesian ceramic producers currently pay an average USD $9.1 per mmbtu (million metric British thermal units) for the ceramic production process, considerably higher than the gas prices that manufacturers pay in Singapore, Thailand, and India. This difference makes Indonesian ceramic products less competitive.

    Read more ›

  • Ceramic Sales Indonesia Bleak in Q1-2016 on Sluggish Property Sector

    Ceramic Sales Indonesia Bleak in Q1-2016 on Sluggish Property Sector

    Ceramic sales in Indonesia in the first quarter of 2016 are estimated to stand at 85 million square meters (m2) only, far below the 100 million m2 target that was set by the Indonesian Ceramic Industry Association (Asaki). Weak demand for ceramics in Indonesia is primarily caused by the country's sluggish property sector that is yet to rebound after several years of slowdown. Elisa Sinaga, Chairman of Asaki, stated that despite ceramic sales having improved slightly in late-2015, demand fell again in the first quarter of 2016 and remained weak up to the start of April 2016.

    Read more ›

  • Indonesia's Q1-2016 Ceramic Sales Flat, Hope on Keramika & Lower Gas Price

    Indonesia's Q1-2016 Ceramic Sales Flat, Hope on Keramika & Lower Gas Price

    Although ceramic sales in Indonesia are flat in Q1-2016, some stakeholders remain optimistic that sales of ceramics in Indonesia may grow 20 percent (y/y) to 433 million square meters in 2016. This growth comes on the back of the government's push for infrastructure development, promotional activities (conducted by Indonesia's ceramic industry), and the lower gas price. Infrastructure development will encourage property development. With the property sector being the largest buyer of ceramics, Indonesia's ceramic industry should thrive on government-led infrastructure development.

    Read more ›

  • Ceramic Sales Indonesia May Improve in Second Half of 2016

    Ceramic Industry of Indonesia May Improve in Second Half of 2016

    Indonesia's ceramic sales are estimated to remain sluggish in the first quarter of 2016. Elisa Sinaga, Chairman of the Indonesian Ceramic Industry Association (Asaki), said domestic ceramic sales are estimated to be around 90 million square meters in Q1-2016, stagnant from sales in the same quarter last year. In full-year 2015 Indonesia's ceramic sales plunged 28.6 percent year-on-year (y/y) to 360 million square meters. The nation's ceramic industry has been plagued by Indonesia's slowing economic growth, particularly the slowdown in Indonesia's property sector.

    Read more ›

  • Ceramic Industry Indonesia in 2015: Year Full of Challenges

    Ceramic Industry Indonesia in 2015: Year Full of Challenges

    Ceramic sales in Indonesia are projected to decline to IDR 25 trillion (approx. USD $1.8 billion) in 2015 from total sales worth IDR 36 trillion last year. Elisa Sinaga, Chairman of the Indonesian Ceramic Industry Association (ASAKI), said 2015 is a year full of challenges for the domestic ceramic industry due to Indonesia's slowing economic growth (particularly the slowdown of the nation's property sector), high gas prices, higher minimum wages, and the fragile rupiah (having depreciated around 11 percent against the US dollar so far in 2015).

    Read more ›

  • Ceramic Industry in Indonesia: Rising on Property & Infrastructure Projects

    Ceramic Industry in Indonesia: Rising on Property & Infrastructure Projects

    The ceramic industry in Indonesia is expected to grow about ten percent in 2015 amid the country’s +5 percentage point GDP growth. Economic expansion translates to increased purchasing power of Indonesian consumers and the ceramic industry is one of the industries that will benefit from this. Moreover, as Indonesian President Joko Widodo targets +7 percent GDP by the end of his term, new infrastructure and property projects are to rise as well. As such, domestic ceramic demand will increase accordingly.

    Read more ›

  • Low Per Capita Ceramic Consumption in Indonesia Provides Opportunities

    Low Per Capita Ceramic Consumption in Indonesia Provides Opportunities

    The Indonesian ceramic industry is expected to continue its steady growth in 2014. Chairman of the Indonesian Ceramic Industry Association (ASAKI) Elisa Sinaga said that ceramic sales may reach IDR 36 trillion (USD $3.1 billion) in 2014. Most of these sales - approximately 87 percent - are sold on the domestic market, while the remainder is exported. The sales volume of sanitary ceramics (used on walls and floors) is targeted at 410 million m2 this year (worth roughly IDR 27 trillion), up from 360 million m2 in 2013 (IDR 24 trillion).

    Read more ›

Latest Columns Ceramic Sales

  • Ceramic Industry of Indonesia Weakens on Slowing Property Sector

    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.

    Read more ›

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

    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.

    Read more ›

  • Sales of Ceramics in Indonesia Expected to Plunge 10% in 2014

    Sales of Ceramics in Indonesia Expected to Plunge 10% in 2014

    With slowing economic growth and a stricter monetary policy approach of the central bank, Indonesia's ceramic industry is expected to record slowing growth in 2014. This year, the country's ceramic sales are projected to amount to 400 million square meters (m²). About 12 percent of this amount is exported to countries abroad. However, in 2014, sales are expected to plunge by 5 to 10% to 360-380 million m². A weakening rupiah and slowing property sector, which accounts for significant ceramic demand, are the major causes of the decline.

    Read more ›

  • Indonesia's Ceramics Revenues Grow 27% in Semester I - 2013

    Indonesia's ceramic industry recorded sales amounting to IDR 14 trillion (USD $1.4 billion) in the first six months of 2013. This implies a 27 percent increase compared to ceramic sales in the same period in 2012. The increase is particularly caused by higher sales prices in January and March 2013 which were introduced to mitigate higher gas and electricity tariffs as well as higher minimum wages. Generally, ceramic prices rose 10 to 15 percent. Ceramics sales volume in semester I-2013 increased to 190 million m² from 180 m² in 2012.

    Read more ›

Associated businesses Ceramic Sales