United Kingdom: Plaster Article Market 2024

Plaster Article Market Size in the UK

The UK plaster article market stood at $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a strong increase from 2012 to 2022: its value 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, consumption increased by X% against 2012 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Plaster Article Production in the UK

In value terms, plaster article production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Plaster Article Exports

Exports from the UK

In 2022, shipments abroad of articles of plaster or of compositions based on plaster increased by X% to X square meters for the first time since 2018, thus ending a three-year declining trend. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, plaster article exports surged to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ireland (X square meters) was the main destination for plaster article exports from the UK, with a X% share of total exports. Moreover, plaster article exports to Ireland exceeded the volume sent to the second major destination, Germany (X square meters), fourfold. The third position in this ranking was taken by Belgium (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ireland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Belgium (X% per year).

In value terms, Ireland ($X) remains the key foreign market for articles of plaster or of compositions based on plaster exports from the UK, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by France, with an X% share.

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

Export Prices by Country

In 2022, the average plaster article export price amounted to $X per square meter, approximately reflecting the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

Plaster Article Imports

Imports into the UK

In 2022, supplies from abroad of articles of plaster or of compositions based on plaster was finally on the rise to reach X square meters after two years of decline. In general, imports posted resilient growth. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, plaster article imports skyrocketed to $X in 2022. Overall, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X square meters), Turkey (X square meters) and Poland (X square meters) were the main suppliers of plaster article imports to the UK, together comprising X% of total imports.

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

In value terms, Ireland ($X), Turkey ($X) and Germany ($X) were the largest plaster article suppliers to the UK, together accounting for X% of total imports. Spain, the Netherlands, France and Poland lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of 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 article import price amounted to $X per square meter, growing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per square meter in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Poland ($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 Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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