Cyprus: Plaster Market 2020

Plaster Market Size in Cyprus

The revenue of the plaster market in Cyprus amounted to $X in 2018, surging by X% against the previous year. Overall, plaster consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Cyprus plaster consumption peaked in 2018 and is expected to retain its growth in the near future.

Plaster Production in Cyprus

In value terms, plaster production amounted to $X in 2018 estimated in export prices. Over the period under review, plaster production continues to indicate notable growth. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, plaster production reached its peak figure level at $X in 2010; however, from 2011 to 2018, production remained at a lower figure.

Plaster Exports

Exports from Cyprus

In 2018, the plaster exports from Cyprus totaled X tons, surging by X% against the previous year. Overall, plaster exports, however, continue to indicate a measured shrinkage. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Cyprus exports peaked at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, plaster exports amounted to $X in 2018. In general, plaster exports, however, continue to indicate a mild curtailment. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Cyprus exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

The exports of the five major exporters of articles of plaster or of compositions based on plaster, namely Germany, China, Mexico, the U.S. and Spain, represented more than third of total export. It was followed by Thailand (X tons) and Belgium (X tons), together creating a X% share of total exports. The following exporters - Poland (X tons), Italy (X tons), Saudi Arabia (X tons), Bulgaria (X tons) and Canada (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the U.S. ($X) appeared to be the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Mexico, Spain, Belgium, Italy, Thailand, Poland, Canada, Saudi Arabia, Bulgaria and Cyprus, which together accounted for a further X Arabia recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the plaster export price in Cyprus amounted to $X per ton, shrinking by -X% against the previous year. Over the period under review, the export price indicated a slight expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, plaster export price decreased by -X% against 2012 indices. The pace of growth was the most pronounced in 2012 when the export price increased by X% y-o-y. In that year, the export prices for articles of plaster or of compositions based on plaster attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the export prices for articles of plaster or of compositions based on plaster remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Plaster Imports

Imports into Cyprus

In 2018, approx. X tons of articles of plaster or of compositions based on plaster were imported into Cyprus; picking up by X% against the previous year. Overall, plaster imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Cyprus imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, plaster imports stood at $X in 2018. In general, plaster imports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, plaster imports attained their peak figure at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. (X tons), Canada (X tons) and France (X tons) represented roughly X% of total imports of articles of plaster or of compositions based on plaster in 2018. The following importers - India (X tons), Switzerland (X tons), the UK (X tons), Vietnam (X tons), Sweden (X tons), Germany (X tons), Romania (X tons), Denmark (X tons) and the Netherlands (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), France ($X) and Canada ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports. Switzerland, the UK, Sweden, India, Germany, Vietnam, Denmark, the Netherlands, Romania and Cyprus lagged somewhat behind, together accounting for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The plaster import price in Cyprus stood at $X per ton in 2018, waning by -X% against the previous year. Overall, the plaster import price continues to indicate a temperate slump. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. Over the period under review, the import prices for articles of plaster or of compositions based on plaster reached their peak figure at $X per ton in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform