Cement demand declined in Indonesia in 1.H 2023

Indonesia 1H 2023 1

In the first half of 2023, in Indonesia, the cement consumption declined by -4.9% from 28.893 Mt in 1.H 2022 to 27.422 Mt in 1.H 2023. However, the YoY change declined from -11.9% in April to -4.9% in June, which assumes that the cement demand for 2023 can still increase from last year.