Plaster Market Overview in Indonesia
In value terms, plaster production fell sharply to $ in 2018 estimated in export prices. Overall, production showed a perceptible slump. The most prominent rate of growth was recorded in 2009 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2010 to 2018, production growth failed to regain the momentum.
The revenue of the plaster market in Indonesia reduced slightly to $ in 2018, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of % year-to-year. Plaster consumption peaked at $ in 2015; however, from 2016 to 2018, consumption failed to regain the momentum.