Germany: Plaster Article Market 2024

Plaster Article Market Size in Germany

For the sixth year in a row, the German plaster article market recorded growth in sales value, which increased by 5.8% to $X in 2021. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when the market value increased by 6.8%. Plaster article consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Plaster Article Production in Germany

In value terms, plaster article production rose rapidly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Plaster Article Exports

Exports from Germany

In 2021, overseas shipments of articles of plaster or of compositions based on plaster increased by 4% to X tons, rising for the fifth year in a row after four years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, plaster article exports rose notably to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Switzerland (X tons), the Netherlands (X tons) and Poland (X tons) were the main destinations of plaster article exports from Germany, together accounting for 44% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +13.9%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) remains the key foreign market for plaster article exports from Germany, comprising 24% of total exports. The second position in the ranking was held by Italy ($X), with an 8.5% share of total exports. It was followed by the Netherlands, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value to Switzerland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-1.1% per year) and the Netherlands (-4.8% per year).

Export Prices by Country

In 2021, the average plaster article export price amounted to $X per ton, rising by 5.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 9.8% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Poland ($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 France (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Article Imports

Imports into Germany

In 2021, purchases abroad of articles of plaster or of compositions based on plaster increased by 2.3% to X tons, rising for the third consecutive year after two years of decline. Overall, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +20.1% against 2018 indices. The growth pace was the most rapid in 2015 when imports increased by 26% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, plaster article imports rose notably to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 19%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

The Netherlands (X tons), the Czech Republic (X tons) and Spain (X tons) were the main suppliers of plaster article imports to Germany, with a combined 63% share of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +94.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), the Netherlands ($X) and Poland ($X) constituted the largest plaster article suppliers to Germany, together accounting for 54% of total imports. These countries were followed by Spain, Austria, the UK and Italy, which together accounted for a further 32%.

In terms of the main suppliers, Spain, with a CAGR of +50.7%, recorded the highest rates of growth with regard to 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

The average plaster article import price stood at $X per ton in 2021, picking up by 2.9% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 5.4%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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