Plaster Market Overview in China
In value terms, plaster production stood at $ in 2018 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of % y-o-y. As a result, production attained the peak level of $. From 2016 to 2018, production growth remained at a somewhat lower figure.
The value of the plaster market in China was estimated at $ in 2018, almost unchanged from 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). In general, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the market value increased by % y-o-y. Plaster consumption peaked at $ in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.