Together We Build a Better Future
Source: Indonesian Cement Associat ion BPS St at ist ic
Growth :
1.1
Growth :
9.7
Growth :
4.2
Growth :
1.8
Growth :
6.6
Growth :
5.8
Growth :
19.4
Domest ic consumpt ion LHS GDP growt h RHS
mio t ons
40. 8 48. 0
54. 9 52. 7
39. 1
27. 2 27. 5
30. 2 31. 5
32. 1 34. 2
38. 1
6. 10
5. 90 6. 80
5. 6
4. 7 5. 1
5. 4
4. 4 6. 3
6. 1 4. 60
6. 50 5. 8
14. 5
6. 0 11. 5
4. 2 9. 7
2. 5 6. 6
1. 8 1. 1
5. 8 17. 7
0. 0 10. 0
20. 0 30. 0
40. 0 50. 0
60. 0
2002 2003
2004 2005
2006 2007
2008 2009
2010 2011
2012 11M2013
0. 0 10. 0
20. 0 Cement growt h RHS
A A
5
GROWTH
Together We Build a Better Future
21. 0
6. 5 18. 1
1. 0 16. 9
1. 9 20. 0
2. 3 22. 7
3. 0 23. 7
3. 5 23. 7
3. 8 25. 2
5. 0 25. 5
6. 0 26. 9
5. 1 28. 2
6. 0 32. 2
5. 9 32. 8
6. 2 34. 2
6. 6 39. 2
8. 8 44. 1
10. 8 41. 6
11. 0
5 10
15 20
25 30
35 40
45
1997 1999
2001 2003
2005 2007
2009 2011
11M2013
Bagged Cement Bulk Cement
Bag and Bul k cement consumpt ion mil l ion t ons
6
Source: Indonesia Cement Association and the Company’s data
Together We Build a Better Future
Ret ail resident ial sect or is t he largest consumer of cement in Indonesia
7
Bag
80
Bulk 20
Key Drivers of Domestic cement demand:
• Nat ional Economic Growt h
• Favorable Int erest Rat e Environment
• Infrast ruct ure Expansion
• Per Capit a Consumpt ion increase from
current low levels
•
Ready-mix inf rast ruct ure:
±
60
•
Fabricat or pre-cast , f iber cement , cement based indust ry:
±
35
•
Proj ect s mort ar, render:
±
5
•
Ready-mix inf rast ruct ure:
±
60
•
Fabricat or pre-cast , f iber cement , cement based indust ry:
±
35
•
Proj ect s mort ar, render:
±
5
•
Housing:
±
90
•
Cement based indust ry:
±
10
•
Housing:
±
90
•
Cement based indust ry:
±
10
± ±
Source: Int ernal Research
Together We Build a Better Future
8
MARKET UPDATE
SMGR Corporat e Present at ion DECEMBER 2013
Together We Build a Better Future
Papua Bali N T
Sulawesi
Kalimantan Population Distribution 2012
Population Distribution 2012
Sumatera 21.3
Java 57.5.
8.4 5.8
5.5 1.5
9
REGION
MARKET SHARE
SMGR
INTP SMCB
BSWA ANDLS BTRJA KPG
1. JAVA 39. 3
39. 8 18. 8
2. 0 -
- -
2. SUMATERA 45. 1
12. 7 13. 5
3. 0 16. 0
10. 0 -
3. KALIMANTAN 52. 3
27. 9 10. 7
9. 0 -
- -
4. SULAWESI 63. 9
13. 6 0. 9
22. 0 -
- -
5. NUSA TENGGR. 41. 4
