Australia: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Australia

The Australian plastic shutters and blinds market declined slightly to $X in 2022, which is down by -2.5% against the previous year. In general, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market hit record highs at $X in 2021, and then declined modestly in the following year.

Production of Plastic Shutters And Blinds in Australia

In value terms, plastic shutters and blinds production fell sharply to $X in 2022 estimated in export price. In general, production, however, saw tangible growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 266%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Plastic Shutters And Blinds

Exports from Australia

In 2022, shipments abroad of plastic shutters and blinds decreased by -12.5% to X units for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 34%. As a result, the exports reached the peak of X units, and then contracted in the following year.

In value terms, plastic shutters and blinds exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

New Zealand (X units) was the main destination for plastic shutters and blinds exports from Australia, accounting for a 70% share of total exports. Moreover, plastic shutters and blinds exports to New Zealand exceeded the volume sent to the second major destination, Singapore (X units), eightfold. The third position in this ranking was taken by the United States (X units), with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+20.9% per year) and the United States (+24.3% per year).

In value terms, New Zealand ($X) remains the key foreign market for plastic shutters and blinds exports from Australia, comprising 70% of total exports. The second position in the ranking was held by Singapore ($X), with an 8.3% share of total exports. It was followed by the United States, with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand stood at +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+24.1% per year) and the United States (+16.8% per year).

Export Prices by Country

In 2022, the average plastic shutters and blinds export price amounted to $X per unit, rising by 28% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and New Zealand ($X per unit), while the average price for exports to Singapore ($X per unit) and Chile ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Plastic Shutters And Blinds

Imports into Australia

In 2022, purchases abroad of plastic shutters and blinds increased by less than 0.1% to X units, rising for the third consecutive year after two years of decline. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 18%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, plastic shutters and blinds imports amounted to $X in 2022. Overall, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of plastic shutters and blinds to Australia, accounting for a 89% share of total imports. Moreover, plastic shutters and blinds imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-9.0% per year) and Indonesia (-14.5% per year).

In value terms, China ($X) constituted the largest supplier of plastic shutters and blinds to Australia, comprising 89% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 4.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-2.0% per year) and Indonesia (-5.7% per year).

Import Prices by Country

The average plastic shutters and blinds import price stood at $X per unit in 2022, increasing by 3% against the previous year. In general, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 49%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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