Over the period from 2018 to 2022, the import volume of articles of plaster (excluding plasterboard) to France showed a continuous and significant decline. The volume decreased from 2.699 million kilograms in 2018 to a mere 0.05173 million kilograms by 2022. This represents a dramatic drop, particularly noticeable between 2020 and 2022. From 2021 to 2022 alone, the imports dropped by over 92%. The compound annual growth rate (CAGR) over these five years indicates a severe average decline per year, driven by a consistent reduction in import volumes.
Looking forward to 2024 and beyond, the market should watch for:
- Possible stabilization or further decline depending on domestic production capabilities and demand.
- Potential regulatory changes in France or within the EU impacting imports.
- Innovations or alternative materials that might replace traditional plaster articles.