Curtains, interior blinds and valances market in Finland

Earlier Report Observations

The market for curtains, interior blinds and valances in Finland expanded in value from 26.8 million USD in 2018 to 40.9 million USD in 2021. This growth was initiated by the revision of the Energy Performance of Buildings Directive that entered into force in July 2018, raising energy efficiency standards for buildings and stimulating demand for window coverings that improve thermal insulation.

Following the peak in 2021, the market contracted to 35.3 million USD in 2022 and fell sharply to 23.4 million USD in 2023, reflecting a significant reduction in market volume.

In 2024, the market value stabilized at 23.3 million USD while the physical volume rose to 5.2 million m². This turnaround was supported by the continued enforcement of energy efficiency regulations and a rise in electricity prices, which increased consumer demand for heat-insulating curtains and blinds, including traditional Finnish winter curtains and blackout models.

Production curtains, interior blinds and valances in Finland

In value, 2017-2020, K $ US

Finland's production of curtains, interior blinds, and valances has grown for the third year in a row. In 2020, output reached 20 215 thousand US dollars, marking a 27.9% increase from the previous year. From 2017 to 2020, production surged by 96.5%, with an average annual growth rate of 25.2%.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

In kind, 2017-2020, K m²

Annual dynamics of production in Finland in kind, 2017-2020, K m²

Exports curtains, interior blinds and valances from Finland

Exports in kind, K m²

Market performance showed significant fluctuations during this period. Exports hit a low in 2018 at 221 thousand square meters, then peaked in 2020 at 1 169 thousand square meters—a 5.3-fold difference. The largest decline occurred in 2018, dropping by 2.5%, while the biggest increase was in 2019, soaring by 257.5%. In 2020, exports rose sharply by 48.1% compared to 2019.

Annual dynamics of product's exports from Finland in kind, 2017-2020, K m²

From 2017 to 2020, Sweden, Estonia, and the United States were the key partners for Finland's exports of curtains, interior blinds, and valances in volume terms. Sweden accounted for 53.1% of exports, Estonia for 12.4%, and the United States for 11.0%, together making up 76.5% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

Finland's exports of curtains, interior blinds, and valances have increased for the third consecutive year. In 2020, export value reached 5 159 thousand US dollars, a slight rise of 1.9% from 2019. Between 2017 and 2020, exports grew by 121.7%, with an annualized rate of 30.4%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

During 2017–2020, Sweden, Estonia, and the United States were the main destinations for Finland's exports in value terms. Sweden represented 45.3% of exports, Estonia 11.6%, and the United States 10.6%, collectively accounting for 67.5% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports curtains, interior blinds and valances to Finland

Imports in kind, K m²

Finland's imports of curtains, interior blinds, and valances have declined for the third year in a row. In 2020, imports stood at 2 954 thousand square meters, a 19.1% decrease from 2019. From 2017 to 2020, imports fell by 42.9%, with an annualized decline of 17.0%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, K m²

From 2017 to 2020, China, Turkey, and India formed the core of Finland's imports in volume terms. China made up 53.1% of imports, Turkey 20.9%, and India 8.0%, together representing 82.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Finland in kind, 2017-2020

Imports in value, K $ US

Finland's imports of curtains, interior blinds, and valances have increased for the second consecutive year. In 2020, imports amounted to approximately 19 271 thousand US dollars, a modest rise of 7.6% compared to 2019. Over the period 2017–2020, imports grew by 6.6%, with an average annual growth rate of 2.2%. The lowest value was recorded in 2018 at 17 470 thousand US dollars, when imports saw their largest decline of 3.3%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

Between 2017 and 2020, China, Turkey, and India were the primary markets for Finland's imports in value terms. China accounted for 47.8% of imports, Turkey for 17.4%, and India for 7.7%, together making up 72.9% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020