Plaster Market Overview in Pakistan
In value terms, plaster production expanded to $ in 2018 estimated in export prices. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2017 to 2018, production growth failed to regain the momentum.
The value of the plaster market in Pakistan expanded slightly to $ in 2018, growing by % 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). Over the period under review, consumption, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the market value increased by % year-to-year. Plaster consumption peaked at $ in 2012; however, from 2013 to 2018, consumption failed to regain the momentum.