Pakistan: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in Pakistan

After three years of growth, the Pakistani plastic doors and windows market decreased by -25% to $X in 2022. In general, consumption, however, saw a significant expansion. Plastic doors and windows consumption peaked at $X in 2021, and then dropped markedly in the following year.

Exports of Plastic Doors, Windows And Their Frames

Exports from Pakistan

In 2022, the amount of plastic doors, windows and their frames exported from Pakistan shrank markedly to X units, falling by -48.5% compared with the year before. In general, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 2,425% against the previous year. As a result, the exports attained the peak of X units, and then reduced rapidly in the following year.

In value terms, plastic doors and windows exports dropped sharply to $X in 2022. Overall, exports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 4,564%. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

The UK (X units) was the main destination for plastic doors and windows exports from Pakistan, accounting for a 56% share of total exports. Moreover, plastic doors and windows exports to the UK exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold. Canada (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +52.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Canada (-7.4% per year).

In value terms, the United Arab Emirates ($X), Canada ($X) and South Africa ($X) were the largest markets for plastic doors and windows exported from Pakistan worldwide, with a combined 87% share of total exports. The UK, Slovakia and the United States lagged somewhat behind, together comprising a further 12%.

The United States, with a CAGR of +78.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average plastic doors and windows export price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 209% against the previous year. The export price peaked at $X per unit in 2021, and then dropped modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($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 Oman (+56.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Doors, Windows And Their Frames

Imports into Pakistan

In 2022, supplies from abroad of plastic doors, windows and their frames decreased by -30.9% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 761%. Over the period under review, imports reached the peak figure at X units in 2021, and then shrank dramatically in the following year.

In value terms, plastic doors and windows imports reduced rapidly to $X in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2014 with an increase of 572%. Imports peaked at $X in 2021, and then dropped sharply in the following year.

Imports by Country

Turkey (X units), China (X units) and Germany (X units) were the main suppliers of plastic doors and windows imports to Pakistan, with a combined 88% share of total imports. South Korea, Bangladesh and Spain lagged somewhat behind, together comprising a further 8.8%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bangladesh (with a CAGR of +61.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic doors and windows suppliers to Pakistan were Turkey ($X), Germany ($X) and China ($X), together accounting for 92% of total imports. Spain, Bangladesh and South Korea lagged somewhat behind, together accounting for a further 3.9%.

Among the main suppliers, Bangladesh, with a CAGR of +55.9%, 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 doors and windows import price stood at $X per unit in 2022, jumping by 16% against the previous year. In general, the import price saw a tangible increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 92% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average 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 Germany ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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