Europe: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Europe

In 2022, the Europe plastic shutters and blinds market decreased by -2.8% to $X, falling for the second year in a row after two years of growth. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.3% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Plastic Shutters And Blinds in Europe

In value terms, plastic shutters and blinds production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when the production volume increased by 16%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Plastic Shutters And Blinds

Exports in Europe

After six years of growth, shipments abroad of plastic shutters and blinds decreased by -3.5% to X units in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.0% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, the exports reached the peak of X units, and then fell modestly in the following year.

In value terms, plastic shutters and blinds exports shrank to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.4% against 2015 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 26%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

In 2022, Belgium (X units), distantly followed by Poland (X units), Germany (X units), Spain (X units), the Netherlands (X units) and Romania (X units) represented the largest exporters of plastic shutters and blinds, together achieving 81% of total exports. France (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +15.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the largest plastic shutters and blinds supplier in Europe, comprising 34% of total exports. The second position in the ranking was taken by Poland ($X), with a 14% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual growth rate of value in Belgium stood at +12.1%. In the other countries, the average annual rates were as follows: Poland (+15.3% per year) and Germany (+1.6% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, leveling off at the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by 12% against the previous year. The level of export peaked at $X per unit in 2021, and then contracted slightly in the following year.

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 the Netherlands ($X per unit), while Spain ($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 Europe

In 2022, the amount of plastic shutters and blinds imported in Europe reduced sharply to X units, declining by -15.8% compared with the previous year's figure. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +5.9% 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 +76.6% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of X units, and then contracted notably in the following year.

In value terms, plastic shutters and blinds imports contracted significantly to $X in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, the UK (X units), distantly followed by France (X units), the Netherlands (X units), Hungary (X units), Poland (X units) and Germany (X units) were the main importers of plastic shutters and blinds, together mixing up 63% of total imports. Austria (X units), Romania (X units), Russia (X units), Portugal (X units), Italy (X units), the Czech Republic (X units) and Spain (X units) took a minor share of total imports.

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 Europe were the UK ($X), France ($X) and the Netherlands ($X), with a combined 41% share of total imports. Germany, Poland, Austria, the Czech Republic, Portugal, Italy, Hungary, Russia, Spain and Romania lagged somewhat behind, together comprising a further 39%.

Hungary, with a CAGR of +15.6%, saw the highest rates of growth with regard to the value of imports, among 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 Europe amounted to $X per unit, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 an increase of 11%. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Hungary ($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