Italy: Plaster Market 2025

Plaster Market Size in Italy

In 2022, the Italian plaster market decreased by -83.1% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption faced a abrupt slump. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Plaster Production in Italy

In value terms, plaster production dropped sharply to $X in 2022 estimated in export price. In general, production faced a deep reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Plaster Exports

Exports from Italy

After three years of decline, shipments abroad of plaster increased by 17% to X tons in 2022. In general, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of 118% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, plaster exports amounted to $X in 2022. Overall, exports, however, continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Switzerland (X tons), Malta (X tons) and the UK (X tons) were the main destinations of plaster exports from Italy, with a combined 84% share 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 the UK (with a CAGR of -0.7%), while the other leaders experienced a decline.

In value terms, Malta ($X), Switzerland ($X) and the UK ($X) appeared to be the largest markets for plaster exported from Italy worldwide, with a combined 61% share of total exports.

Among the main countries of destination, the UK, with a CAGR of +10.3%, saw the highest rates of growth with regard to 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 export price stood at $X per ton in 2022, which is down by -9.4% against the previous year. In general, the export price, however, recorded a perceptible increase. The pace of growth was the most pronounced in 2021 an increase of 56% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per ton), while the average price for exports to Switzerland ($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 Israel (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Imports

Imports into Italy

In 2022, supplies from abroad of plaster decreased by -2.1% to X tons, falling for the third year in a row after eight years of growth. In general, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 22% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, plaster imports rose modestly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons) constituted the largest plaster supplier to Italy, accounting for a 56% share of total imports. Moreover, plaster imports from Germany exceeded the figures recorded by the second-largest supplier, Morocco (X tons), sixfold. The third position in this ranking was taken by France (X tons), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Morocco (+4.6% per year) and France (-0.7% per year).

In value terms, Germany ($X), the United States ($X) and the UK ($X) appeared to be the largest plaster suppliers to Italy, with a combined 68% share of total imports. Turkey, Morocco, France and Spain lagged somewhat behind, together accounting for a further 24%.

Turkey, with a CAGR of +23.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plaster import price stood at $X per ton in 2022, increasing by 5.5% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaster import price increased by +117.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 51% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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