Market movement
In 2024, plaster, or plaster compositions: boards, sheets, panels, tiles and similar articles, (other than faced or reinforced with paper or paperboard only), not ornamented trade exhibited significant decline, with global flows reaching $685,957,056 and a three-year compound annual growth rate of +1.1% (five-year: +3.1%). The all-time peak of $734,292,475 was recorded in 2023; the current level is 7% below that high-water mark.
Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-0.4% acceleration).
The World Trade Flows Characterization classifies plaster, or plaster compositions: boards, sheets, panels, tiles and similar articles, (other than faced or reinforced with paper or paperboard only), not ornamented as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.
