Scandinavia: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Scandinavia

The Scandinavia plastic shutters and blinds market skyrocketed to $X in 2022, increasing by 17% against the previous year. In general, consumption showed a buoyant increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Plastic Shutters And Blinds in Scandinavia

In value terms, plastic shutters and blinds production declined modestly to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 23%. Over the period under review, production hit record highs at $X in 2021, and then shrank slightly in the following year.

Exports of Plastic Shutters And Blinds

Exports in Scandinavia

In 2022, the amount of plastic shutters and blinds exported in Scandinavia contracted significantly to X units, waning by -27.6% against the year before. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 48% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic shutters and blinds exports expanded modestly to $X in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden was the main exporting country with an export of around X units, which accounted for 69% of total exports. Norway (X units) held the second position in the ranking, distantly followed by Finland (X units). All these countries together took approx. 31% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic shutters and blinds exports from Sweden stood at -11.2%. At the same time, Norway (+2.3%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +2.3% from 2012-2022. By contrast, Finland (-7.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Norway and Finland increased by +15 and +1.6 percentage points, respectively.

In value terms, Sweden ($X) remains the largest plastic shutters and blinds supplier in Scandinavia, comprising 71% of total exports. The second position in the ranking was taken by Finland ($X), with a 24% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden amounted to -6.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (-1.5% per year) and Norway (-9.7% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, growing by 43% against the previous year. Export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic shutters and blinds export price increased by +77.0% against 2018 indices. Over the period under review, the export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+6.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Plastic Shutters And Blinds

Imports in Scandinavia

In value terms, plastic shutters and blinds imports shrank slightly to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% 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 +70.8% against 2015 indices. The growth pace was the most rapid in 2017 when imports increased by 28%. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Sweden (X units) and Norway (X units) represented the main importers of plastic shutters and blinds in 2022, resulting at near 47% and 39% of total imports, respectively. It was distantly followed by Finland (X units), constituting a 15% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Norway (with a CAGR of +9.4%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) constituted the countries with the highest levels of imports in 2022.

Among the main importing countries, Norway, with a CAGR of +9.6%, recorded 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 import price in Scandinavia stood at $X per unit in 2022, reducing by -2.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2018 when the import price increased by 19% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform