Southern Asia: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in Southern Asia

The South Asian plastic doors and windows market stood at $X in 2023, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Plastic Doors, Windows And Their Frames in Southern Asia

In value terms, plastic doors and windows production reached $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Plastic Doors, Windows And Their Frames

Exports in Southern Asia

In 2023, shipments abroad of plastic doors, windows and their frames increased by X% to X units, rising for the third consecutive year after two years of decline. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked in 2023 and is likely to see steady growth in the near future.

In value terms, plastic doors and windows exports skyrocketed to $X in 2023. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

India represented the largest exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Bangladesh (X units), creating a X% share of total exports. Sri Lanka (X units) took a little share of total exports.

From 2012 to 2023, the biggest increases were recorded for Sri Lanka (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the largest plastic doors and windows supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports.

In India, plastic doors and windows exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per unit, growing by X% against the previous year. Export price indicated a noticeable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, plastic doors and windows export price increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was India ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced a decline in the export price figures.

Imports of Plastic Doors, Windows And Their Frames

Imports in Southern Asia

In 2023, the amount of plastic doors, windows and their frames imported in Southern Asia fell dramatically to X units, which is down by X% on 2022. Overall, imports recorded a slight curtailment. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2023, the growth of imports failed to regain momentum.

In value terms, plastic doors and windows imports fell sharply to $X in 2023. In general, imports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

India was the largest importer of plastic doors, windows and their frames in Southern Asia, with the volume of imports accounting for X units, which was approx. X% of total imports in 2023. It was distantly followed by Maldives (X units), mixing up a X% share of total imports. Bhutan (X units), Bangladesh (X units), Nepal (X units) and Pakistan (X units) followed a long way behind the leaders.

Imports into India decreased at an average annual rate of X% from 2012 to 2023. At the same time, Bhutan (X%), Nepal (X%), Bangladesh (X%) and Maldives (X%) displayed positive paces of growth. Moreover, Bhutan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2023. Pakistan experienced a relatively flat trend pattern. Maldives (X p.p.), Bhutan (X p.p.), Nepal (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the total imports, while India saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported plastic doors, windows and their frames in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Maldives ($X), with a X% share of total imports. It was followed by Bhutan, with an X% share.

In India, plastic doors and windows imports declined by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Maldives (X% per year) and Bhutan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2023, rising by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bhutan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform