Belarus: Plaster Article Market 2024

Plaster Article Market Size in Belarus

In 2021, the Belarusian plaster article market decreased by -2% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, continues to indicate notable growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Plaster Article Production in Belarus

In value terms, plaster article production shrank to $X in 2021 estimated in export price. In general, production continues to indicate a resilient expansion. The growth pace was the most rapid in 2019 when the production volume increased by 47% against the previous year. Plaster article production peaked at $X in 2020, and then fell modestly in the following year.

Plaster Article Exports

Exports from Belarus

In 2021, overseas shipments of articles of plaster or of compositions based on plaster increased by 6% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 218% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, plaster article exports soared to $X in 2021. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 171%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for plaster article exports from Belarus, with a 59% share of total exports. Moreover, plaster article exports to Ukraine exceeded the volume sent to the second major destination, Poland (X tons), fourfold. The third position in this ranking was held by Russia (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Ukraine totaled +27.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+291.4% per year) and Russia (-20.9% per year).

In value terms, Ukraine ($X) remains the key foreign market for plaster article exports from Belarus, comprising 62% of total exports. The second position in the ranking was held by Poland ($X), with a 15% share of total exports. It was followed by Russia, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Ukraine amounted to +35.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+203.6% per year) and Russia (-20.8% per year).

Export Prices by Country

The average plaster article export price stood at $X per ton in 2021, with an increase of 14% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 21% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Article Imports

Imports into Belarus

In 2021, approx. X tons of articles of plaster or of compositions based on plaster were imported into Belarus; which is down by -9.8% compared with the previous year's figure. In general, imports showed a deep contraction. The growth pace was the most rapid in 2013 when imports increased by 21%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, plaster article imports rose modestly to $X in 2021. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2013 when imports increased by 12%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Russia (X tons) was the main supplier of plaster article to Belarus, with a 92% share of total imports. Moreover, plaster article imports from Russia exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.6% per year) and Poland (-34.1% per year).

In value terms, Russia ($X) constituted the largest supplier of plaster article to Belarus, comprising 79% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia totaled -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.5% per year) and Poland (-34.7% per year).

Import Prices by Country

In 2021, the average plaster article import price amounted to $X per ton, increasing by 13% against the previous year. Overall, the import price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 14%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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