Germany: Plaster Market 2024

Plaster Market Size in Germany

For the third year in a row, the German plaster market recorded growth in sales value, which increased by 15% to $X in 2022. The market value increased at an average annual rate of +3.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

Plaster Production in Germany

In value terms, plaster production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Plaster Exports

Exports from Germany

In 2022, the amount of plaster exported from Germany fell rapidly to X tons, waning by -15.7% against the year before. Overall, exports showed a pronounced descent. The pace of growth was the most pronounced in 2017 when exports increased by 23%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, plaster exports dropped to $X in 2022. Over the period under review, exports saw a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), Sweden (X tons) and Switzerland (X tons) were the main destinations of plaster exports from Germany, together accounting for 55% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +2.8%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Belgium ($X) and the Netherlands ($X) constituted the largest markets for plaster exported from Germany worldwide, together accounting for 44% of total exports.

In terms of the main countries of destination, Belgium, with a CAGR of +3.0%, 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

In 2022, the average plaster export price amounted to $X per ton, increasing by 5.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Imports

Imports into Germany

In 2022, the amount of plaster imported into Germany contracted to X tons, dropping by -13.5% against 2021 figures. Over the period under review, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 70% against the previous year. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, plaster imports shrank to $X in 2022. Overall, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2016 indices. The pace of growth was the most pronounced in 2017 when imports increased by 23% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

The Czech Republic (X tons), Austria (X tons) and France (X tons) were the main suppliers of plaster imports to Germany, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +70.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plaster suppliers to Germany were the Czech Republic ($X), France ($X) and Austria ($X), together comprising 64% of total imports. The United States, Belgium, Italy, Poland and the Netherlands lagged somewhat behind, together accounting for a further 27%.

In terms of the main suppliers, Poland, with a CAGR of +36.2%, 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

In 2022, the average plaster import price amounted to $X per ton, picking up by 5.1% against the previous year. In general, the import price, however, saw a noticeable curtailment. The pace of growth appeared the most rapid in 2020 an increase of 28%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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