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4 CONTRIBUTIONS: 4.3 INDONESIA
2018/01/22
Reported by Yoshiharu Osumi, HVAC&R Advisor, Indonesia
 
The Indonesian GDP growth rate in 2017 recorded a lower level than that of other ASEAN countries.
 
The country’s consumer electronics industry was also sluggish, showing only slight growth. Sales of mobile phones increased, and this sector had a dominant share of more than 50% of consumer electronics market. However, all of the segments of the other half of the market showed negative growth, namely air conditioners, TVs, refrigerators, and washing machines.
 
For air conditioners, the 2017 market recorded 2.7 million units, about 2% decrease compared with 2016.
 
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