Indonesia: Indocement said that it has maintained a solid performance through the first nine months of 2025, despite a slowdown in the national cement market. Data from the Indonesian Cement Association (ASI) shows that overall cement demand fell by 3% year-on-year to September 2025, driven by a 10% decline in bulk cement sales, while bagged cement volumes remained largely stable, down by 0.1%.
Indocement’s total cement and clinker sales reached 14.4Mt, representing a 2% year-on-year decrease. Domestic sales dropped by 4% to 14Mt, but exports increased by 124% to 423,000t.
“This positive performance demonstrates Indocement’s business resilience amid challenging market pressures. We continue to focus on maintaining cost efficiency, expanding export markets and strengthening sustainability initiatives and operational innovation,” said Indocement corporate secretary Dani Handajani.
The company expects domestic cement demand to decline by about 2-3% in 2025 due to infrastructure budget cuts and limited consumer purchasing power. However, it remains optimistic about a modest recovery in 2026, forecasting around 1% growth.
