South-Eastern Asia: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in South-Eastern Asia

The Southeast Asian plastic shutters and blinds market rose rapidly to $X in 2022, increasing by 8.9% against the previous year. Over the period under review, consumption showed a buoyant expansion. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2022.

Production of Plastic Shutters And Blinds in South-Eastern Asia

In value terms, plastic shutters and blinds production expanded significantly to $X in 2022 estimated in export price. In general, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 42%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Plastic Shutters And Blinds

Exports in South-Eastern Asia

In 2022, the amount of plastic shutters and blinds exported in South-Eastern Asia expanded rapidly to X units, growing by 6.4% against the year before. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2015 with an increase of 174%. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, plastic shutters and blinds exports totaled $X in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2015 when exports increased by 225% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Cambodia (X units) was the largest exporter of plastic shutters and blinds, creating 62% of total exports. It was distantly followed by Vietnam (X units), comprising a 35% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +52.5%).

In value terms, Cambodia ($X) and Vietnam ($X) appeared to be the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Cambodia, with a CAGR of +56.3%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, falling by -4.6% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +20.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the export price increased by 22%. As a result, the export price attained the peak level of $X per unit, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.7%).

Imports of Plastic Shutters And Blinds

Imports in South-Eastern Asia

For the seventh year in a row, South-Eastern Asia recorded growth in purchases abroad of plastic shutters and blinds, which increased by 11% to X units in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +108.7% against 2013 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 24% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic shutters and blinds imports surged to $X in 2022. Over the period under review, imports saw a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of 37% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The countries with the highest levels of plastic shutters and blinds imports in 2022 were Thailand (X units), Indonesia (X units) and the Philippines (X units), together accounting for 72% of total import. Vietnam (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Malaysia (10%). Singapore (X units) held a little 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 Vietnam (with a CAGR of +15.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Thailand ($X) and Indonesia ($X) were the countries with the highest levels of imports in 2022, together accounting for 73% of total imports.

In terms of the main importing countries, Vietnam, with a CAGR of +19.6%, 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 import price in South-Eastern Asia stood at $X per unit in 2022, surging by 6.5% against the previous year. Import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 import price decreased by -14.7% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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