Spain: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Spain

For the eighth year in a row, the Spanish plastic shutters and blinds market recorded growth in sales value, which increased by 7.9% to $X in 2022. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Production of Plastic Shutters And Blinds in Spain

In value terms, plastic shutters and blinds production dropped to $X in 2022 estimated in export price. Overall, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 22%. Over the period under review, production attained the peak level at $X in 2021, and then dropped in the following year.

Exports of Plastic Shutters And Blinds

Exports from Spain

In 2022, after three years of growth, there was significant decline in overseas shipments of plastic shutters and blinds, when their volume decreased by -29.6% to X units. Over the period under review, exports continue to indicate a mild downturn. The pace of growth was the most pronounced in 2013 when exports increased by 22%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, plastic shutters and blinds exports contracted remarkably to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units), Belgium (X units) and Portugal (X units) were the main destinations of plastic shutters and blinds exports from Spain, with a combined 72% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +42.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic shutters and blinds exported from Spain were France ($X), Portugal ($X) and Belgium ($X), together accounting for 65% of total exports.

Among the main countries of destination, Belgium, with a CAGR of +32.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic shutters and blinds export price stood at $X per unit in 2022, growing by 9.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 an increase of 13% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per unit), while the average price for exports to Belgium ($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 France (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports into Spain

In 2022, the amount of plastic shutters and blinds imported into Spain fell to X units, shrinking by -8% compared with the previous year. The total import volume increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by 39%. Imports peaked at X units in 2021, and then declined in the following year.

In value terms, plastic shutters and blinds imports fell to $X in 2022. Overall, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

China (X units), France (X units) and Portugal (X units) were the main suppliers of plastic shutters and blinds imports to Spain, together accounting for 63% of total imports. Italy, Germany, the Netherlands, Belgium and South Africa lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +25.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), France ($X) and Italy ($X) appeared to be the largest plastic shutters and blinds suppliers to Spain, with a combined 59% share of total imports. Germany, Portugal, the Netherlands, Belgium and South Africa lagged somewhat behind, together comprising a further 31%.

Belgium, with a CAGR of +26.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plastic shutters and blinds import price stood at $X per unit in 2022, declining by -5% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 increased by +69.5% against 2015 indices. The growth pace was the most rapid in 2021 an increase of 27% against the previous year. As a result, import price reached the peak level of $X per unit, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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