Eastern Europe: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Eastern Europe

The East European plastic shutters and blinds market reduced to $X in 2022, which is down by -10.8% against the previous year. The total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Plastic Shutters And Blinds in Eastern Europe

In value terms, plastic shutters and blinds production shrank to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.8% 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 +6.5% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 32% against the previous year. The level of production peaked at $X in 2021, and then shrank in the following year.

Exports of Plastic Shutters And Blinds

Exports in Eastern Europe

In 2022, approx. X units of plastic shutters and blinds were exported in Eastern Europe; surging by 11% against 2021. In general, exports posted buoyant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 32%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, plastic shutters and blinds exports rose to $X in 2022. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 39%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

In 2022, Poland (X units) was the main exporter of plastic shutters and blinds, generating 59% of total exports. Romania (X units) held a 19% share (based on physical terms) of total exports, which put it in second place, followed by Hungary (6.1%) and the Czech Republic (5%). Slovakia (X units), Belarus (X units) and Bulgaria (X units) took a relatively small share of total exports.

Poland was also the fastest-growing in terms of the plastic shutters and blinds exports, with a CAGR of +15.8% from 2012 to 2022. At the same time, Romania (+14.3%), Slovakia (+13.9%), Bulgaria (+12.5%), Belarus (+7.0%) and Hungary (+3.4%) displayed positive paces of growth. The Czech Republic experienced a relatively flat trend pattern. While the share of Poland (+18 p.p.) and Romania (+3.9 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (-1.6 p.p.), Hungary (-7 p.p.) and the Czech Republic (-8.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest plastic shutters and blinds supplier in Eastern Europe, comprising 61% of total exports. The second position in the ranking was taken by Romania ($X), with a 13% share of total exports. It was followed by the Czech Republic, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value in Poland stood at +15.3%. In the other countries, the average annual rates were as follows: Romania (+25.2% per year) and the Czech Republic (+0.5% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, with a decrease of -8% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 8.5% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.6%), while the other leaders experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports in Eastern Europe

In 2022, plastic shutters and blinds imports in Eastern Europe declined remarkably to X units, which is down by -15.4% on the previous year's figure. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.0% against 2013 indices. The pace of growth was the most pronounced in 2021 with an increase of 27%. As a result, imports attained the peak of X units, and then reduced dramatically in the following year.

In value terms, plastic shutters and blinds imports shrank to $X in 2022. In general, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

Hungary (X units) and Poland (X units) were the largest importers of plastic shutters and blinds in 2022, resulting at approx. 25% and 24% of total imports, respectively. Romania (X units) held the next position in the ranking, followed by Russia (X units) and the Czech Republic (X units). All these countries together held near 35% share of total imports. Bulgaria (X units) and Estonia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +24.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic shutters and blinds importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Hungary ($X), with a combined 63% share of total imports.

Hungary, with a CAGR of +15.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, increasing by 5.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2013 an increase of 25%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Estonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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