The economic impact of the gypsum industry in the Harz region
DIW Econ conducted the third study on the economic impact of the gypsum industry on behalf of the Federal Association of the Gypsum Industry. In this update, the study focuses on the year 2020 and examines the entire Harz region, including the previously examined southern Harz region.
Overall, the economic activities of gypsum mining and producing companies in the Harz region generated gross value-added effects of 318.9 million euros throughout Germany in 2020, of which 153.3 million euros were generated in the Harz region itself. At the same time, the companies in the gypsum industry secured over 4,600 jobs in Germany.
The companies examined generated 150.5 million euros in direct, indirect and induced public revenues across Germany. Of the 150.5 million euros in public revenue, 101.3 million euros in tax revenue and social security contributions were generated in the three German states of Lower Saxony, Saxony-Anhalt and Thuringia (67.3 per cent).
In addition, the companies provided more than 149,000 euros for social, cultural and tourism purposes in 2020. Thus, despite the challenges posed by the Covid-19 pandemic, spending on social commitment remains high.
High demand for gypsum and gypsum products is also expected in the future, as it is widely used in the building materials industry in particular.PDF Download of this publication