Europe: Plaster Article Market 2024

Plaster Article Market Size in Europe

The Europe plaster article market stood at $X in 2021, increasing by 4.7% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the market value increased by 8.5%. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Plaster Article Production in Europe

In value terms, plaster article production rose sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% 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 Europe

In 2021, shipments abroad of articles of plaster or of compositions based on plaster increased by 11% to X tons, rising for the sixth year in a row after two years of decline. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.6% 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 +61.8% 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. The total export value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) and Spain (X tons) represented roughly 32% of total exports in 2021. It was distantly followed by Poland (X tons), Belgium (X tons), the Netherlands (X tons), Bulgaria (X tons) and Italy (X tons), together achieving a 36% share of total exports. The following exporters - Russia (X tons), the Czech Republic (X tons), Austria (X tons), Latvia (X tons), Portugal (X tons) and Norway (X tons) - together made up 17% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of +35.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Belgium ($X) were the countries with the highest levels of exports in 2021, with a combined 45% share of total exports. These countries were followed by Poland, Italy, the Netherlands, Bulgaria, Norway, Austria, the Czech Republic, Portugal, Russia and Latvia, which together accounted for a further 39%.

In terms of the main exporting countries, the Netherlands, with a CAGR of +31.2%, recorded the highest growth rate of 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 2021, the export price in Europe amounted to $X per ton, with an increase of 5.3% against the previous year. Overall, the export price, however, showed a mild descent. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Norway ($X per ton), while Russia ($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 (+2.9%), while the other leaders experienced more modest paces of growth.

Plaster Article Imports

Imports in Europe

In 2021, the amount of articles of plaster or of compositions based on plaster imported in Europe totaled X tons, increasing by 6.8% compared with the previous year. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 7.6%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, plaster article imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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), followed by Switzerland (X tons), the Netherlands (X tons), the UK (X tons), Germany (X tons) and Romania (X tons) represented the main importers of articles of plaster or of compositions based on plaster, together generating 45% of total imports. The following importers - Belgium (X tons), Sweden (X tons), Hungary (X tons), Denmark (X tons), Serbia (X tons), Italy (X tons) and Lithuania (X tons) - together made up 24% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the UK (with a CAGR of +16.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plaster article importing markets in Europe were France ($X), Switzerland ($X) and the UK ($X), together comprising 34% of total imports.

In terms of the main importing countries, the UK, with a CAGR of +13.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Europe amounted to $X per ton, growing by 6.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The level of import peaked 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