Index of /enm/images/dokumen
Car
2001
Quantity
Value
(unit)
(US$ mil.)
2002
Quantity
Value
(unit)
(US$ mil.)
2003
Quantity
Value
(unit)
(US$ mil.)
2004
Quantity
Value
(unit)
(US$ mil.)
2005
Quantity
Value
(unit)
(US$ mil.)
n.a.
n.a.
n.a.
n.a.
n.a.
Production
200,901
201,771
226,068
312,865
364,319
Market share(%)
Production
n.a
n.a
0.4 (%) n.a
0.8 (%)
n.a
n.a
in the World
Export
n.a
n.a
n.a
n.a
n.a
Domestic Car Market
299,599
317,748
354,629
484,912
633,917
Top 5 Dom. Sales by Manufacturer
1. Toyota
80,069
n.a.
84,297
n.a.
100,860
n.a.
141,940
n.a.
182,765
n.a.
2. Mitsubishi
66,105
75,390
77,104
89,590
89,158
3. Suzuki
53,187
63,515
70,154
82,242
87,274
4. Honda
11,510
13,113
21,650
46,500
53,750
5. Daihatsu
20,592
20,288
21,698
47,621
48,762
52,845
47,086
45,179
56,010
56,765
6.Others
Total Sales
284,308
303,689
336,645
463,903
518,474
Export Top 5 By Manufacturer
n.a
n.a
n.a
127,258
n.a 54,571.000
n.a
1. PT. TAMMIN (Toyota)
2. PT. KTB (Mitsubishi)
3. PT. ISI (Suzuki)
4. PT. HPM (Honda)
5. PT. ADM (Daihatsu)
6. Others
Total Import
Market Contribution By Area
Unit
Cont. (%)
Unit
Cont. (%)
Unit
Cont. (%)
Unit
Cont. (%)
Unit
Cont. (%)
n.a
n.a
n.a
n.a
241,694
73.5
317,736
73.3
n.a
1. Java
n.a
69,217
15.0
2. Sumatra
66,583
15.4
134,967
4.1
17,501
4.0
3. Kalimantan
14,208
4.3
15,996
3.7
4. Sulawesi
5,495
1.7
9,425
2.2
.5 Bali
4,899
1.5
6,027
1.4
6. Others
Opportunity for Investment
Until 2nd quarter of year 2005, Indonesia automotive market was quite promising, shown by increase in car sales during year 2001-2005, with average growth of
82.4% from 284,308 units in year 2001 to 518,474 units in year 2005. Meanwhile, sales growth during year 2004-2005 was 11.8% from 463.903 units to 518.474
units. Growth of sales volume during 2004-2005 was negative 72,867 or 68.9% compared to sales volume during 2003-2004 which was 127.258 units. In year 2006,
Indonesia car sales volume was predicted to experience contraction as much as 32.5-42.1%. In other words, sales volume decreased to the level of 300,000 350,000 units 1). In the first semester of 2006, car sales volume experienced asignificant drop which was as big as 71.1% or 149,600 units.
West Java is the biggest contributor to volume of car sales in Indonesia. However, this contribution declined slightly: 0.2% during 2003-2004. Along with this,
Kalimantan and other islands also experienced decline in contribution, each for 0.1% while Sumatra, Sulawesi and Bali had gradual increase as much as 0.4% and
0.5%.
Fig-2: Market Vs Fuel Price
Fig-1:Market Vs interest rate
People's low buying power due to dramatic increase in fuel price, relatively small government expenditure for investment and credit interest which is still considered high (around 16%)are factors that has made automotive
its vigour. Fluctuation of interest rate will affect people's investment pattern and producers' ability in paying services. This can be seen from graph 1 which depicts relationship between market and interest rate.Automative m
tends to gain power as interest rate declines, especially in the case of interest rate for consumption credit.
Graph 2 shows relation between market and fuel price. This graph shows that automotive market increased until mid 2005, but declined in the end of 2005. This was caused by government policy to increase fuel price dram
This rendered in inflation jump and thus weaken people's buying power. Therefore it is expected that the government will create policies that will improve condition for business. Besides government, Bank Indonesia as hold
monetary authorship may help the implementation of the policies by decreasing interest rate up to optimum level. This will give a positive impact to the market interest rate. Other positive signal is that there are some oppo
for investment in public transportation.
Note: ยน Kompas, 12 Agustus 2006
Sources: GAIKINDO
2001
Quantity
Value
(unit)
(US$ mil.)
2002
Quantity
Value
(unit)
(US$ mil.)
2003
Quantity
Value
(unit)
(US$ mil.)
2004
Quantity
Value
(unit)
(US$ mil.)
2005
Quantity
Value
(unit)
(US$ mil.)
n.a.
n.a.
n.a.
n.a.
n.a.
Production
200,901
201,771
226,068
312,865
364,319
Market share(%)
Production
n.a
n.a
0.4 (%) n.a
0.8 (%)
n.a
n.a
in the World
Export
n.a
n.a
n.a
n.a
n.a
Domestic Car Market
299,599
317,748
354,629
484,912
633,917
Top 5 Dom. Sales by Manufacturer
1. Toyota
80,069
n.a.
84,297
n.a.
100,860
n.a.
141,940
n.a.
182,765
n.a.
2. Mitsubishi
66,105
75,390
77,104
89,590
89,158
3. Suzuki
53,187
63,515
70,154
82,242
87,274
4. Honda
11,510
13,113
21,650
46,500
53,750
5. Daihatsu
20,592
20,288
21,698
47,621
48,762
52,845
47,086
45,179
56,010
56,765
6.Others
Total Sales
284,308
303,689
336,645
463,903
518,474
Export Top 5 By Manufacturer
n.a
n.a
n.a
127,258
n.a 54,571.000
n.a
1. PT. TAMMIN (Toyota)
2. PT. KTB (Mitsubishi)
3. PT. ISI (Suzuki)
4. PT. HPM (Honda)
5. PT. ADM (Daihatsu)
6. Others
Total Import
Market Contribution By Area
Unit
Cont. (%)
Unit
Cont. (%)
Unit
Cont. (%)
Unit
Cont. (%)
Unit
Cont. (%)
n.a
n.a
n.a
n.a
241,694
73.5
317,736
73.3
n.a
1. Java
n.a
69,217
15.0
2. Sumatra
66,583
15.4
134,967
4.1
17,501
4.0
3. Kalimantan
14,208
4.3
15,996
3.7
4. Sulawesi
5,495
1.7
9,425
2.2
.5 Bali
4,899
1.5
6,027
1.4
6. Others
Opportunity for Investment
Until 2nd quarter of year 2005, Indonesia automotive market was quite promising, shown by increase in car sales during year 2001-2005, with average growth of
82.4% from 284,308 units in year 2001 to 518,474 units in year 2005. Meanwhile, sales growth during year 2004-2005 was 11.8% from 463.903 units to 518.474
units. Growth of sales volume during 2004-2005 was negative 72,867 or 68.9% compared to sales volume during 2003-2004 which was 127.258 units. In year 2006,
Indonesia car sales volume was predicted to experience contraction as much as 32.5-42.1%. In other words, sales volume decreased to the level of 300,000 350,000 units 1). In the first semester of 2006, car sales volume experienced asignificant drop which was as big as 71.1% or 149,600 units.
West Java is the biggest contributor to volume of car sales in Indonesia. However, this contribution declined slightly: 0.2% during 2003-2004. Along with this,
Kalimantan and other islands also experienced decline in contribution, each for 0.1% while Sumatra, Sulawesi and Bali had gradual increase as much as 0.4% and
0.5%.
Fig-2: Market Vs Fuel Price
Fig-1:Market Vs interest rate
People's low buying power due to dramatic increase in fuel price, relatively small government expenditure for investment and credit interest which is still considered high (around 16%)are factors that has made automotive
its vigour. Fluctuation of interest rate will affect people's investment pattern and producers' ability in paying services. This can be seen from graph 1 which depicts relationship between market and interest rate.Automative m
tends to gain power as interest rate declines, especially in the case of interest rate for consumption credit.
Graph 2 shows relation between market and fuel price. This graph shows that automotive market increased until mid 2005, but declined in the end of 2005. This was caused by government policy to increase fuel price dram
This rendered in inflation jump and thus weaken people's buying power. Therefore it is expected that the government will create policies that will improve condition for business. Besides government, Bank Indonesia as hold
monetary authorship may help the implementation of the policies by decreasing interest rate up to optimum level. This will give a positive impact to the market interest rate. Other positive signal is that there are some oppo
for investment in public transportation.
Note: ยน Kompas, 12 Agustus 2006
Sources: GAIKINDO