Czech Republic: Plaster Market 2024

Plaster Market Size in the Czech Republic

The Czech plaster market rose markedly to $X in 2022, picking up by 9.8% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Plaster consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Plaster Production in the Czech Republic

In value terms, plaster production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 36%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Plaster Exports

Exports from the Czech Republic

In 2022, overseas shipments of plaster decreased by -22.6% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 330%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, plaster exports contracted markedly to $X in 2022. Overall, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 201%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for plaster exports from the Czech Republic, accounting for a 70% share of total exports. Moreover, plaster exports to Germany exceeded the volume sent to the second major destination, Slovakia (X tons), fourfold. The third position in this ranking was taken by Croatia (X tons), with an 8.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany stood at +107.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+9.8% per year) and Croatia (+15.1% per year).

In value terms, Germany ($X) remains the key foreign market for plaster exports from the Czech Republic, comprising 65% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 22% share of total exports. It was followed by Croatia, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +72.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+9.3% per year) and Croatia (+13.8% per year).

Export Prices by Country

In 2022, the average plaster export price amounted to $X per ton, with a decrease of -23% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Croatia ($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 Romania (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Plaster Imports

Imports into the Czech Republic

In 2022, plaster imports into the Czech Republic stood at X tons, growing by 9.1% compared with the year before. Overall, total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 40%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, plaster imports contracted to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 31% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of plaster to the Czech Republic, accounting for a 73% share of total imports. Moreover, plaster imports from Germany exceeded the figures recorded by the second-largest supplier, Hungary (X tons), sixfold. The third position in this ranking was held by Austria (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+89.1% per year) and Austria (+10.4% per year).

In value terms, Germany ($X) constituted the largest supplier of plaster to the Czech Republic, comprising 68% of total imports. The second position in the ranking was held by Hungary ($X), with a 15% share of total imports. It was followed by Austria, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+88.7% per year) and Austria (+11.2% per year).

Import Prices by Country

In 2022, the average plaster import price amounted to $X per ton, which is down by -20% against the previous year. In general, the import price saw a noticeable setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 43% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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