Benelux: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in Benelux

In 2022, the Benelux plastic doors and windows market decreased by -17.4% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption showed a noticeable shrinkage. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Plastic Doors, Windows And Their Frames in Benelux

In value terms, plastic doors and windows production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2021 when the production volume increased by 20%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Doors, Windows And Their Frames

Exports in Benelux

Plastic doors and windows exports skyrocketed to X units in 2022, surging by 29% compared with the previous year's figure. Overall, exports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2018 with an increase of 67%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, plastic doors and windows exports rose modestly to $X in 2022. The total export value increased at an average annual rate of +2.0% over the period 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 2018 with an increase of 23%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

The Netherlands represented the key exporter of plastic doors, windows and their frames in Benelux, with the volume of exports resulting at X units, which was approx. 55% of total exports in 2022. Luxembourg (X units) took a 25% share (based on physical terms) of total exports, which put it in second place, followed by Belgium (20%).

The Netherlands was also the fastest-growing in terms of the plastic doors, windows and their frames exports, with a CAGR of +4.5% from 2012 to 2022. At the same time, Luxembourg (+2.4%) displayed positive paces of growth. By contrast, Belgium (-10.3%) illustrated a downward trend over the same period. The Netherlands (+24 p.p.) and Luxembourg (+8 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -32% from 2012 to 2022, respectively.

In value terms, the largest plastic doors and windows supplying countries in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

The Netherlands, with a CAGR of +11.0%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, with a decrease of -19.8% against the previous year. Over the period under review, the export price, however, recorded tangible growth. The pace of growth was the most pronounced in 2017 when the export price increased by 62%. The level of export peaked at $X per unit in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Plastic Doors, Windows And Their Frames

Imports in Benelux

After five years of growth, overseas purchases of plastic doors, windows and their frames decreased by -43.2% to X units in 2022. In general, imports, however, saw a moderate expansion. The pace of growth was the most pronounced in 2019 with an increase of 54% against the previous year. The volume of import peaked at X units in 2021, and then declined markedly in the following year.

In value terms, plastic doors and windows imports contracted remarkably to $X in 2022. Overall, imports, however, recorded slight growth. The pace of growth was the most pronounced in 2019 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell sharply in the following year.

Imports by Country

The Netherlands was the largest importing country with an import of around X units, which reached 67% of total imports. It was distantly followed by Luxembourg (X units) and Belgium (X units), together achieving a 33% share of total imports.

The Netherlands was also the fastest-growing in terms of the plastic doors, windows and their frames imports, with a CAGR of +10.2% from 2012 to 2022. At the same time, Luxembourg (+4.6%) displayed positive paces of growth. By contrast, Belgium (-8.8%) illustrated a downward trend over the same period. The Netherlands (+27 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -27.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported plastic doors, windows and their frames in Benelux, comprising 58% of total imports. The second position in the ranking was taken by Luxembourg ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to +7.3%. In the other countries, the average annual rates were as follows: Luxembourg (+1.0% per year) and Belgium (-5.8% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, with an increase of 3.3% against the previous year. In general, the import price, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2018 when the import price increased by 15%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform