Slovakia: Plaster Market 2024

Plaster Market Size in Slovakia

In 2022, after three years of growth, there was significant decline in the Slovak plaster market, when its value decreased by -19.9% to $X. Overall, consumption, however, continues to indicate a temperate expansion. Over the period under review, the market attained the peak level at $X in 2021, and then dropped dramatically in the following year.

Plaster Exports

Exports from Slovakia

After two years of growth, shipments abroad of plaster decreased by -87.1% to X tons in 2022. Over the period under review, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2016 with an increase of 4,506%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, plaster exports fell markedly to $X in 2022. Overall, exports faced a precipitous decline. The most prominent rate of growth was recorded in 2016 with an increase of 10,732% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for plaster exports from Slovakia, with a 86% share of total exports. Moreover, plaster exports to Ukraine exceeded the volume sent to the second major destination, Austria (X kg), more than tenfold. Poland (X kg) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine stood at -6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-10.0% per year) and Poland (+3.5% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for plaster exports from Slovakia, comprising 75% of total exports. The second position in the ranking was held by Poland ($X), with a 10% share of total exports. It was followed by the Czech Republic, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to Ukraine amounted to -8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-0.5% per year) and the Czech Republic (-42.4% per year).

Export Prices by Country

The average plaster export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 135% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Austria ($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 Czech Republic (+13.9%), while the prices for the other major destinations experienced a decline.

Plaster Imports

Imports into Slovakia

In 2022, overseas purchases of plaster decreased by -1.2% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then dropped slightly in the following year.

In value terms, plaster imports declined remarkably to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 65% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, Austria (X tons) constituted the largest supplier of plaster to Slovakia, accounting for a 72% share of total imports. Moreover, plaster imports from Austria exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 4% share.

From 2012 to 2022, the average annual growth rate of volume from Austria amounted to +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+3.3% per year) and Germany (-7.3% per year).

In value terms, Austria ($X) constituted the largest supplier of plaster to Slovakia, comprising 71% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 19% share of total imports. It was followed by Germany, with a 5.1% share.

From 2012 to 2022, the average annual growth rate of value from Austria stood at +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-2.7% per year) and Germany (-6.9% per year).

Import Prices by Country

The average plaster import price stood at $X per ton in 2022, falling by -28.7% against the previous year. In general, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 14%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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