Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Indonesia
Market Overview
The Indonesian market for tiles, flagstones and similar articles of cement, concrete or artificial stone rose modestly to $
in , surging by % against 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, however, recorded a prominent increase. Over the period under review, the market hit record highs at $ in ; however, from to , consumption failed to regain momentum.
In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone reached $ in estimated in export price. Overall, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of % against the previous year. Production of peaked at $ in ; however, from to , production stood at a somewhat lower figure.
in , surging by % against 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, however, recorded a prominent increase. Over the period under review, the market hit record highs at $ in ; however, from to , consumption failed to regain momentum.In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone reached $
in estimated in export price. Overall, production, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of % against the previous year. Production of peaked at $ in ; however, from to , production stood at a somewhat lower figure.Consumption
In , the amount of tiles, flagstones and similar articles of cement, concrete or artificial stone consumed in Indonesia declined slightly to square meters, dropping by -% on figures. In general, consumption, however, posted a tangible increase. Consumption of peaked at square meters in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.
The size of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in Indonesia rose to $ in , surging by % against 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). Overall, consumption, however, posted strong growth. Over the period under review, the market reached the peak level at $ in ; however, from to , consumption remained at a lower figure.
, the amount of tiles, flagstones and similar articles of cement, concrete or artificial stone consumed in Indonesia declined slightly to square meters, dropping by -% on figures. In general, consumption, however, posted a tangible increase. Consumption of peaked at square meters in 2018; however, from 2019 to , consumption stood at a somewhat lower figure.The size of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone in Indonesia rose to $
in , surging by % against 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). Overall, consumption, however, posted strong growth. Over the period under review, the market reached the peak level at $ in ; however, from to , consumption remained at a lower figure.Market Forecast
Driven by increasing demand for tiles, flagstones and similar articles of cement, concrete or artificial stone in Indonesia, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to square meters by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to square meters by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone in Indonesia were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for tiles, flagstones and similar articles of cement, concrete or artificial stone.
Trade Balance
Indonesia remains a net exporter of tiles, flagstones and similar articles of cement, concrete or artificial stone; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of square meters, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of square meters, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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