Denmark: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Denmark

The Danish plastic shutters and blinds market shrank notably to $X in 2022, waning by -20.7% against the previous year. Overall, consumption, however, continues to indicate a measured expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Plastic Shutters And Blinds in Denmark

In value terms, plastic shutters and blinds production skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a noticeable decline. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Plastic Shutters And Blinds

Exports from Denmark

In 2022, after four years of decline, there was significant growth in shipments abroad of plastic shutters and blinds, when their volume increased by 24% to X units. In general, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 39%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, plastic shutters and blinds exports stood at $X in 2022. Overall, exports, however, continue to indicate a mild downturn. The growth pace was the most rapid in 2014 when exports increased by 24%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X units) was the main destination for plastic shutters and blinds exports from Denmark, accounting for a 49% share of total exports. Moreover, plastic shutters and blinds exports to Norway exceeded the volume sent to the second major destination, Sweden (X units), threefold. The third position in this ranking was held by the Czech Republic (X units), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to Norway totaled +44.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+3.7% per year) and the Czech Republic (-10.1% per year).

In value terms, Norway ($X) remains the key foreign market for plastic shutters and blinds exports from Denmark, comprising 47% of total exports. The second position in the ranking was taken by Sweden ($X), with a 17% share of total exports. It was followed by Germany, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway totaled +54.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+25.7% per year) and Germany (-13.2% per year).

Export Prices by Country

The average plastic shutters and blinds export price stood at $X per unit in 2022, which is down by -15.6% against the previous year. In general, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 46%. As a result, the export price attained the peak level of $X per unit, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports into Denmark

Plastic shutters and blinds imports into Denmark declined dramatically to X units in 2022, reducing by -39.1% compared with the previous year's figure. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 219% against the previous year. 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 contracted significantly to $X in 2022. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 125% against the previous year. Imports peaked at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

Poland (X units), Germany (X units) and China (X units) were the main suppliers of plastic shutters and blinds imports to Denmark, with a combined 77% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +52.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and China ($X) were the largest plastic shutters and blinds suppliers to Denmark, together comprising 56% of total imports.

Among the main suppliers, Poland, with a CAGR of +51.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic shutters and blinds import price stood at $X per unit in 2022, with an increase of 10% against the previous year. In general, the import price continues to indicate a perceptible expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 44%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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