Plaster Market Overview in the United Kingdom
In value terms, plaster production dropped to $ in 2018 estimated in export prices. Overall, production, however, recorded a mild decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by % against the previous year. Over the period under review, production attained the peak level at $ in 2007; however, from 2008 to 2018, production failed to regain the momentum.
The size of the plaster market in the UK shrank slightly to $ in 2018, waning 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). Overall, consumption, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the market value increased by % year-to-year. Over the period under review, the market reached the peak level at $ in 2017, and then dropped modestly in the following year.