Austria: Plaster Market 2024

Plaster Market Size in Austria

The Austrian plaster market amounted to $X in 2022, growing by 8.7% against the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in years to come.

Plaster Production in Austria

In value terms, plaster production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced slump. The growth pace was the most rapid in 2018 when the production volume increased by 27%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Plaster Exports

Exports from Austria

In 2022, plaster exports from Austria reduced dramatically to X tons, with a decrease of -23.8% against 2021. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by 38% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plaster exports fell to $X in 2022. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 26%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for plaster exports from Austria, accounting for a 70% share of total exports. Moreover, plaster exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X tons), fivefold. Croatia (X tons) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+7.8% per year) and Croatia (-1.8% per year).

In value terms, Germany ($X) remains the key foreign market for plaster exports from Austria, comprising 66% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an 11% share of total exports. It was followed by Slovenia, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+1.2% per year) and Slovenia (-1.9% per year).

Export Prices by Country

The average plaster export price stood at $X per ton in 2022, surging by 24% against the previous year. Overall, the export price, however, showed a noticeable contraction. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Plaster Imports

Imports into Austria

In 2022, the amount of plaster imported into Austria fell to X tons, which is down by -9.1% compared with the year before. In general, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2014 when imports increased by 25%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, plaster imports dropped to $X in 2022. Over the period under review, imports recorded a slight downturn. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of plaster to Austria, with a 81% share of total imports. Moreover, plaster imports from Germany exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+18.4% per year) and Italy (+1.4% per year).

In value terms, Germany ($X) constituted the largest supplier of plaster to Austria, comprising 80% of total imports. The second position in the ranking was taken by Hungary ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+23.4% per year) and Italy (+3.6% per year).

Import Prices by Country

The average plaster import price stood at $X per ton in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 an increase of 30%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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