Eastern Europe: Plaster Market 2024

Plaster Market Size in Eastern Europe

The East European plaster market shrank to $X in 2022, remaining constant against the previous year. Overall, consumption showed a slight curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Plaster Production in Eastern Europe

In value terms, plaster production fell modestly to $X in 2022 estimated in export price. In general, production recorded a pronounced reduction. The most prominent rate of growth was recorded in 2019 with an increase of 39%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Plaster Exports

Exports in Eastern Europe

Plaster exports skyrocketed to X tons in 2022, growing by 23% against the year before. Total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.8% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plaster exports surged to $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +111.5% against 2017 indices. The pace of growth was the most pronounced in 2018 with an increase of 28%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, Moldova (X tons), distantly followed by Poland (X tons), Russia (X tons), Latvia (X tons), Hungary (X tons), the Czech Republic (X tons) and Belarus (X tons) represented the key exporters of plaster, together achieving 90% of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +32.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest plaster supplying countries in Eastern Europe were Moldova ($X), Poland ($X) and Latvia ($X), together comprising 62% of total exports. Russia, the Czech Republic, Hungary and Belarus lagged somewhat behind, together comprising a further 31%.

Among the main exporting countries, Belarus, with a CAGR of +23.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, remaining stable against the previous year. Overall, the export price, however, recorded a perceptible descent. The pace of growth was the most pronounced in 2020 an increase of 12%. Over the period under review, the export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+0.9%), while the other leaders experienced a decline in the export price figures.

Plaster Imports

Imports in Eastern Europe

In 2022, the amount of plaster imported in Eastern Europe declined to X tons, shrinking by -5.4% compared with the previous year's figure. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 7.8%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, plaster imports fell to $X in 2022. Overall, imports showed a mild decline. The growth pace was the most rapid in 2018 with an increase of 12%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of plaster imports in 2022 were Russia (X tons), Hungary (X tons), Poland (X tons), the Czech Republic (X tons), Romania (X tons), Lithuania (X tons), Slovakia (X tons), Belarus (X tons) and Bulgaria (X tons), together resulting at 93% of total import.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +12.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Lithuania ($X) were the countries with the highest levels of imports in 2022, with a combined 45% share of total imports. Hungary, Romania, the Czech Republic, Slovakia, Bulgaria and Belarus lagged somewhat behind, together accounting for a further 45%.

Hungary, with a CAGR of +7.6%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, approximately equating the previous year. Over the period under review, the import price showed a mild decrease. The pace of growth was the most pronounced in 2018 an increase of 7.5% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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