EU: Plaster Article Market 2024

Plaster Article Market Size in the EU

The EU plaster article market rose rapidly to $X in 2021, growing by 7.3% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the market value increased by 7.7%. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Plaster Article Production in the EU

In value terms, plaster article production surged to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Plaster Article Exports

Exports in the EU

In 2021, shipments abroad of articles of plaster or of compositions based on plaster increased by 13% to X tons, rising for the sixth consecutive year after two years of decline. Total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +68.8% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, plaster article exports surged to $X in 2021. Total exports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +73.5% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) and Spain (X tons) represented the largest exporters of articles of plaster or of compositions based on plaster in 2021, amounting to near 19% and 17% of total exports, respectively. Poland (X tons) took the next position in the ranking, followed by Belgium (X tons), the Netherlands (X tons), Bulgaria (X tons) and Italy (X tons). All these countries together took approx. 40% share of total exports. The Czech Republic (X tons), Austria (X tons), Latvia (X tons), Portugal (X tons), Croatia (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +35.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2021, with a combined 50% share of total exports. Poland, Italy, the Netherlands, Bulgaria, Austria, the Czech Republic, Portugal, Latvia, Romania and Croatia lagged somewhat behind, together comprising a further 41%.

The Netherlands, with a CAGR of +31.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, surging by 4.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while Croatia ($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 (+2.9%), while the other leaders experienced more modest paces of growth.

Plaster Article Imports

Imports in the EU

In 2021, the amount of articles of plaster or of compositions based on plaster imported in the European Union rose rapidly to X tons, with an increase of 8.8% on 2020 figures. The total import volume increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, plaster article imports stood at $X in 2021. The total import value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X tons), distantly followed by the Netherlands (X tons), Germany (X tons), Romania (X tons), Belgium (X tons), Sweden (X tons), Hungary (X tons) and Denmark (X tons) were the largest importers of articles of plaster or of compositions based on plaster, together making up 60% of total imports. Italy (X tons), Lithuania (X tons), Spain (X tons), Poland (X tons) and the Czech Republic (X tons) took a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to plaster article imports into France stood at +2.8%. At the same time, Poland (+14.7%), Spain (+13.0%), Hungary (+10.2%), Lithuania (+6.3%), Germany (+5.4%), Denmark (+4.9%), Romania (+4.0%), Belgium (+3.9%), Sweden (+2.4%) and Italy (+1.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of +14.7% from 2012-2021. The Czech Republic and the Netherlands experienced a relatively flat trend pattern. From 2012 to 2021, the share of Hungary, Poland and Spain increased by +2.1, +2 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) constitutes the largest market for imported articles of plaster or of compositions based on plaster in the European Union, comprising 22% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 8.4% share of total imports. It was followed by Sweden, with a 6.6% share.

In France, plaster article imports increased at an average annual rate of +3.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+0.8% per year) and Sweden (-0.2% per year).

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, growing by 5.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+1.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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