Sweden: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Sweden

In 2022, the Swedish plastic shutters and blinds market decreased by -4.2% to $X for the first time since 2019, thus ending a two-year rising trend. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.8% 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 +44.1% against 2016 indices. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Production of Plastic Shutters And Blinds in Sweden

In value terms, plastic shutters and blinds production contracted to $X in 2022 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +68.7% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 35% against the previous year. Over the period under review, production hit record highs at $X in 2021, and then dropped in the following year.

Exports of Plastic Shutters And Blinds

Exports by Country

Norway (X units) was the main destination for plastic shutters and blinds exports from Sweden, accounting for a 40% share of total exports. Moreover, plastic shutters and blinds exports to Norway exceeded the volume sent to the second major destination, Finland (X units), fourfold. The United States (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-14.1% per year) and the United States (+2.9% per year).

In value terms, the largest markets for plastic shutters and blinds exported from Sweden were Norway ($X), the United States ($X) and Finland ($X), together accounting for 63% of total exports. Brazil, the UK, Denmark, Australia, Iceland, Estonia, Poland, Canada, Germany and the Netherlands lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, Iceland, with a CAGR of +46.8%, recorded the highest rates of growth with regard to 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

In 2022, the average plastic shutters and blinds export price amounted to $X per unit, increasing by 8% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 +66.0% against 2018 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 34% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Australia ($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 Estonia (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports into Sweden

In value terms, plastic shutters and blinds imports reached $X in 2022. In general, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +53.4% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by 39%. 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

Lithuania (X units), Germany (X units) and Belgium (X units) were the main suppliers of plastic shutters and blinds imports to Sweden, with a combined 69% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +81.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic shutters and blinds suppliers to Sweden were Belgium ($X), Lithuania ($X) and Germany ($X), with a combined 66% share of total imports.

In terms of the main suppliers, Lithuania, with a CAGR of +80.8%, 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 shutters and blinds import price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2018 an increase of 30%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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