U.S.: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in the U.S.

The U.S. plastic shutters and blinds market fell modestly to $X in 2022, remaining stable against the previous year. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value 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, consumption increased by +45.8% against 2020 indices. Plastic shutters and blinds consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Plastic Shutters And Blinds in the U.S.

In value terms, plastic shutters and blinds production dropped notably to $X in 2022. In general, production recorded a abrupt decline. The pace of growth was the most pronounced in 2017 when the production volume increased by 103%. Plastic shutters and blinds production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Plastic Shutters And Blinds

Exports from the U.S.

In 2022, after three years of growth, there was decline in shipments abroad of plastic shutters and blinds, when their volume decreased by -4% to X units. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its volume 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, exports increased by +73.3% against 2018 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 41%. The exports peaked at X units in 2021, and then reduced modestly in the following year.

In value terms, plastic shutters and blinds exports totaled $X in 2022. The total export value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 36% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Mexico (X units) was the main destination for plastic shutters and blinds exports from the United States, accounting for a 56% share of total exports. Moreover, plastic shutters and blinds exports to Mexico exceeded the volume sent to the second major destination, Canada (X units), threefold. The Dominican Republic (X units) ranked third in terms of total exports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+0.8% per year) and the Dominican Republic (+35.6% per year).

In value terms, Mexico ($X) remains the key foreign market for plastic shutters and blinds exports from the United States, comprising 52% of total exports. The second position in the ranking was held by Canada ($X), with a 24% share of total exports. It was followed by the Dominican Republic, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value to Mexico stood at +16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+0.1% per year) and the Dominican Republic (+36.3% per year).

Export Prices by Country

The average plastic shutters and blinds export price stood at $X per unit in 2022, growing by 9.7% against the previous year. Overall, the export price, however, saw a mild reduction. The growth pace was the most rapid in 2021 an increase of 21% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Dominican Republic ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Mexico ($X per unit) and Canada ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Shutters And Blinds

Imports into the U.S.

In 2022, after four years of growth, there was decline in supplies from abroad of plastic shutters and blinds, when their volume decreased by -2.9% to X units. In general, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, imports reached the peak of X units, and then shrank modestly in the following year.

In value terms, plastic shutters and blinds imports stood at $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +23.3% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 20% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Cambodia (X units), China (X units) and Vietnam (X units) were the main suppliers of plastic shutters and blinds imports to the United States, with a combined 78% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +82.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Cambodia ($X), Mexico ($X) and Vietnam ($X) appeared to be the largest plastic shutters and blinds suppliers to the United States, with a combined 75% share of total imports.

Among the main suppliers, Cambodia, with a CAGR of +73.5%, saw the highest rates of growth with regard to 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

In 2022, the average plastic shutters and blinds import price amounted to $X per unit, growing by 15% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, 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 Mexico ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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