CIS: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in CIS

The CIS plastic shutters and blinds market reduced modestly to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Plastic Shutters And Blinds in CIS

In value terms, plastic shutters and blinds production reduced slightly to $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +5.1% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 42%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Shutters And Blinds

Exports in CIS

In 2022, shipments abroad of plastic shutters and blinds decreased by -1.8% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 46% against the previous year. The volume of export peaked at X units in 2021, and then reduced in the following year.

In value terms, plastic shutters and blinds exports amounted to $X in 2022. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Belarus represented the key exporting country with an export of about X units, which finished at 63% of total exports. It was distantly followed by Russia (X units), comprising a 33% share of total exports. Uzbekistan (X units) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of +17.3%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) remains the largest plastic shutters and blinds supplier in the CIS, comprising 68% of total exports. The second position in the ranking was held by Russia ($X), with a 31% share of total exports.

In Belarus, plastic shutters and blinds exports expanded at an average annual rate of +8.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+17.4% per year) and Uzbekistan (+15.8% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, rising by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2014 when the export price increased by 28% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+1.5%), while the other leaders experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports in CIS

After two years of decline, supplies from abroad of plastic shutters and blinds increased by 10% to X units in 2022. Overall, imports, however, continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2017 when imports increased by 56% against the previous year. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, plastic shutters and blinds imports shrank modestly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 63%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the largest importing country with an import of around X units, which resulted at 56% of total imports. Kyrgyzstan (X units) ranks second in terms of the total imports with a 16% share, followed by Uzbekistan (8.1%), Kazakhstan (7.8%) and Belarus (6.4%). The following importers - Azerbaijan (X units) and Moldova (X units) - each reached a 3.7% share of total imports.

Imports into Russia decreased at an average annual rate of -4.3% from 2012 to 2022. At the same time, Kyrgyzstan (+40.6%), Uzbekistan (+31.9%), Azerbaijan (+4.8%) and Belarus (+2.2%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +40.6% from 2012-2022. By contrast, Moldova (-5.8%) and Kazakhstan (-10.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan, Uzbekistan and Belarus increased by +16, +8.1 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported plastic shutters and blinds in the CIS, comprising 71% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a 9.3% share of total imports. It was followed by Kazakhstan, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (+38.4% per year) and Kazakhstan (-6.1% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, shrinking by -10.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the import price increased by 11%. The level of import peaked at $X per unit in 2021, and then contracted in the following year.

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 Moldova ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+10.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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