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Indonesia motor vehicles market forecast to be worth Rp330Tn in 2018

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Motor Vehicles, Trailers and Semi-trailers in Indonesia: ISIC 34 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-01 08:03:02
Indonesian market for motor vehicles, trailers and semi-trailers reaches a value of Rp41 trillion in 2012 following 16% average annual growth over 2007-2012. Growth fuelled by strong performance of economy and expanding middle-class.

27% of market value in Indonesia in 2012 is imported, with Thailand and Japan the main import partners. Local manufacturers post turnover of Rp175 trillion in 2012, with industry contributing 1% of country´s GDP. Industry´s output forecast to see 11% CAGR over 2013-2018 to reach Rp330 trillion.

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