France: Plaster Article Market 2024

Plaster Article Market Size in France

In 2021, after two years of decline, there was significant growth in the French plaster article market, when its value increased by 13% to $X. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Plaster Article Production in France

In value terms, plaster article production expanded modestly to $X in 2021 estimated in export price. In general, production, however, showed a slight downturn. The growth pace was the most rapid in 2018 when the production volume increased by 9.8%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Plaster Article Exports

Exports from France

In 2021, overseas shipments of articles of plaster or of compositions based on plaster decreased by -21.4% to X tons, falling for the fourth consecutive year after three years of growth. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 26% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, plaster article exports fell slightly to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 14%. Over the period under review, the exports reached the peak figure at $X in 2020, and then fell modestly in the following year.

Exports by Country

Belgium (X tons), the UK (X tons) and Spain (X tons) were the main destinations of plaster article exports from France, together accounting for 69% of total exports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +28.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Belgium ($X) and Spain ($X) constituted the largest markets for plaster article exported from France worldwide, with a combined 43% share of total exports.

In terms of the main countries of destination, Spain, with a CAGR of +21.0%, saw 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

The average plaster article export price stood at $X per ton in 2021, with an increase of 22% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Morocco ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Plaster Article Imports

Imports into France

In 2021, supplies from abroad of articles of plaster or of compositions based on plaster increased by 41% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plaster article imports soared to $X in 2021. Over the period under review, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +65.0% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest plaster article supplier to France, accounting for a 48% share of total imports. Moreover, plaster article imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 19% share.

From 2012 to 2021, the average annual growth rate of volume from Spain amounted to +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.3% per year) and Italy (+19.9% per year).

In value terms, Spain ($X) constituted the largest supplier of plaster article to France, comprising 50% of total imports. The second position in the ranking was taken by Belgium ($X), with a 19% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.3% per year) and Italy (+13.8% per year).

Import Prices by Country

The average plaster article import price stood at $X per ton in 2021, which is down by -4.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 21%. Over the period under review, average import prices hit record highs at $X per ton in 2020, and then contracted slightly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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