IndexBox has just published a new report: ‘U.S. – Plastic Shutters And Blinds – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.
American imports of plastic shutters and blinds jumped by +11% y-o-y to 97M units in 2020. In value terms, imports grew to $887M, steadily rising during the past decade. Cambodia, China and Viet Nam constitute the largest suppliers to the U.S., accounting for 75% of the American imports. Viet Nam emerged as the fastest-growing exporter of plastic shutters and blinds to the U.S. last year. The average import price for plastic shutters and blinds dropped by -8.9% y-o-y $9.1 per unit in 2020.
American Imports of Plastic Shutters and Blinds
In 2020, imports of plastic shutters and blinds into the U.S. expanded remarkably to 97M units, growing by +11% on the year before. In value terms, plastic shutters and blinds imports rose slightly from $879M in 2019 to $887M (IndexBox estimates) in 2020. Over the past decade, American imports increased from $549M to $887M.
Cambodia (28M units), China (27M units) and Viet Nam (19M units) were the main suppliers of plastic shutters and blinds imports to the U.S., together comprising 75% of total imports.
Among other suppliers, Viet Nam (+74.1% per year) recorded the biggest increases in export volume of plastic shutters and blinds to the U.S. in 2020.
In value terms, Cambodia ($264M), China ($199M) and Viet Nam ($198M) constituted the largest plastic shutters and blinds suppliers to the U.S., with a combined 75% share of total imports.
The average import price for plastic shutters and blinds stood at $9.1 per unit in 2020, with a decrease of -8.9% against the previous year. There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Viet Nam ($11 per unit), while the price for Taiwan (Chinese) ($6.9 per unit) was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform