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Automotive Report Indonesia 1st Quarter

  • ID: 2101470
  • Report
  • Region: Indonesia
  • 13 Pages
  • The Economist Intelligence Unit
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Indonesia has the largest vehicle market in South-east Asia, with around 875,000 cars and over 276,000 commercial vehicles (CVs) sold in 2018. However, the market remains largely untapped, given the size of the country's population of 262.9m and low vehicle penetration.

The Indonesian vehicle market has been volatile. Car sales rebounded in 2016, according to the Indonesian Automotive Industry Association (Gaikindo), then fell again in 2017 and inched higher last year. By contrast, CV sales dropped by nearly 60% during 2014-16, but had a strong 2017-18. Last year CV sales were the highest in four years.

We expect market volatility to persist, but the car and CV market segments should now move in the same direction. Demand for cars will rebound this year and set a new all-time high in terms of unit sales, before slipping by a comparable margin in 2020. Steady growth will return in the final three years of our five-year forecast period. The market will see an average growth rate of 3.5% during 2019-23.

Industry List: Automotive, Automotive, Commercial and other vehicles, Automotive, Fuel sources, Automotive, Passenger vehicles, Automotive, Production
Industry Codes (NAIC): 336
Industry Codes (SIC): 37
Note: Product cover images may vary from those shown
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Automotive Report Indonesia 1st Quarter

Automotive report: Overview

Automotive report: Passenger cars

Automotive report: Commercial and other vehicles

Automotive report: Production

Automotive report: Fuel sources
Note: Product cover images may vary from those shown
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