Serbia: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Serbia

The Serbian market for boards, sheets, panels, or tiles of gypsum or plaster surged to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed strong growth. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Serbia

Exports of boards, sheets, panels, or tiles of gypsum or plaster from Serbia declined rapidly to X square meters in 2022, reducing by X% against 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X square meters in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster dropped dramatically to $X in 2022. In general, exports, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Montenegro (X square meters) was the main destination for exports of boards, sheets, panels, or tiles of gypsum or plaster from Serbia, with a X% share of total exports. Moreover, exports of boards, sheets, panels, or tiles of gypsum or plaster to Montenegro exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X square meters), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Montenegro amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Switzerland (X% per year).

In value terms, Montenegro ($X) remains the key foreign market for boards, sheets, panels, or tiles of gypsum or plaster exports from Serbia, comprising X% of total exports. The second position in the ranking was taken by Bosnia and Herzegovina ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Montenegro amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Switzerland (X% per year).

Export Prices by Country

The average export price for boards, sheets, panels, or tiles of gypsum or plaster stood at $X per square meter in 2022, growing by X% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for boards, sheets, panels, or tiles of gypsum or plaster increased by X% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per square meter), while the average price for exports to Bosnia and Herzegovina ($X per square meter) was amongst the lowest.

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

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Serbia

In 2022, supplies from abroad of boards, sheets, panels, or tiles of gypsum or plaster decreased by X% to X square meters for the first time since 2013, thus ending a eight-year rising trend. Overall, imports, however, showed a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at X square meters in 2021, and then contracted in the following year.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster skyrocketed to $X in 2022. In general, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

North Macedonia (X square meters), Romania (X square meters) and Bulgaria (X square meters) were the main suppliers of imports of boards, sheets, panels, or tiles of gypsum or plaster to Serbia, together accounting for X% of total imports. Hungary, Croatia, Poland and Turkey lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster suppliers to Serbia were Romania ($X), North Macedonia ($X) and Bulgaria ($X), with a combined X% share of total imports. Hungary, Poland, Turkey and Croatia lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 import price for boards, sheets, panels, or tiles of gypsum or plaster stood at $X per square meter in 2022, picking up by X% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for boards, sheets, panels, or tiles of gypsum or plaster increased by X% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per square meter), while the price for Croatia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform