Slovakia: Plaster Article Market 2024

Plaster Article Market Size in Slovakia

In 2021, the Slovak plaster article market increased by 18% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Plaster article consumption peaked in 2021 and is likely to see gradual growth in the near future.

Plaster Article Exports

Exports from Slovakia

In 2021, plaster article exports from Slovakia skyrocketed to X tons, rising by 136% compared with 2020. Over the period under review, exports, however, saw a abrupt setback. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, plaster article exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2014 when exports increased by 187% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X tons) was the main destination for plaster article exports from Slovakia, accounting for a 66% share of total exports. Moreover, plaster article exports to Poland exceeded the volume sent to the second major destination, Austria (X tons), fivefold. The third position in this ranking was held by Germany (X tons), with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Poland amounted to +38.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+0.4% per year) and Germany (-12.1% per year).

In value terms, Poland ($X) emerged as the key foreign market for plaster article exports from Slovakia, comprising 63% of total exports. The second position in the ranking was held by Austria ($X), with an 11% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Poland amounted to +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+4.0% per year) and Germany (-18.2% per year).

Export Prices by Country

In 2021, the average plaster article export price amounted to $X per ton, waning by -15.7% against the previous year. Over the period under review, the export price, however, saw a perceptible increase. The growth pace was the most rapid in 2014 an increase of 442% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Ukraine ($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 Switzerland (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Article Imports

Imports into Slovakia

In 2021, the amount of articles of plaster or of compositions based on plaster imported into Slovakia declined modestly to X tons, waning by -4.7% on the previous year. The total import volume increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 69%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, plaster article imports surged to $X in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.8% 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 +45.9% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of 45% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Hungary (X tons) were the main suppliers of plaster article imports to Slovakia, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +9.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plaster article suppliers to Slovakia were Poland ($X), the Czech Republic ($X) and Germany ($X), with a combined 90% share of total imports.

Poland, with a CAGR of +12.5%, 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

In 2021, the average plaster article import price amounted to $X per ton, surging by 40% against the previous year. Overall, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, plaster article import price increased by +43.6% against 2019 indices. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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