Northern America: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Northern America

The North American plastic shutters and blinds market contracted modestly to $X in 2022, which is down by -1.5% against the previous year. The total consumption indicated a pronounced expansion 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 increased by +38.3% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Plastic Shutters And Blinds in Northern America

In value terms, plastic shutters and blinds production dropped remarkably to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 when the production volume increased by 129%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Plastic Shutters And Blinds

Exports in Northern America

In 2022, shipments abroad of plastic shutters and blinds decreased by -3.9% to X units for the first time since 2018, thus ending a three-year rising trend. Total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.6% 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 +52.7% against 2018 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. The volume of export peaked at X units in 2021, and then contracted slightly in the following year.

In value terms, plastic shutters and blinds exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The United States was the largest exporting country with an export of about X units, which recorded 89% of total exports. It was distantly followed by Canada (X units), generating an 11% share of total exports.

The United States was also the fastest-growing in terms of the plastic shutters and blinds exports, with a CAGR of +5.8% from 2012 to 2022. Canada (-5.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +17 percentage points.

In value terms, the United States ($X) remains the largest plastic shutters and blinds supplier in Northern America, comprising 86% of total exports. The second position in the ranking was taken by Canada ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +4.2%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, increasing by 7.7% against the previous year. Over the period under review, the export price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2021 when the export price increased by 18%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.9%).

Imports of Plastic Shutters And Blinds

Imports in Northern America

After four years of growth, supplies from abroad of plastic shutters and blinds decreased by -2.9% to X units in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of X units, and then reduced slightly in the following year.

In value terms, plastic shutters and blinds imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +5.0% 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 18% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

The United States prevails in imports structure, amounting to X units, which was approx. 98% of total imports in 2022. Canada (X units) took a relatively small share of total imports.

The United States was also the fastest-growing in terms of the plastic shutters and blinds imports, with a CAGR of +12.8% from 2012 to 2022. Canada (-2.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +5.9 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported plastic shutters and blinds in Northern America, comprising 95% of total imports. The second position in the ranking was held by Canada ($X), with a 4.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to +5.4%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, with an increase of 14% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.6%).

Source: IndexBox Platform

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