Plastic shutters and blinds market in Spain

Earlier Report Observations

Between 2018 and 2019, the market for plastic shutters and blinds in Spain expanded significantly, with production volume rising from 29.2 thousand tonnes to 35.8 thousand tonnes. This initial growth was driven by government initiatives promoting recycled plastics and increasing consumer demand for sustainable materials in window coverings. The entry of new competitors into the market further stimulated innovation and production capacity.

The COVID-19 pandemic in 2020 disrupted global supply chains for raw materials like plastics and metals, leading to a temporary contraction in production to 31.5 thousand tonnes and market volume. Recovery was swift in 2021, with production reaching a new peak of 38.4 thousand tonnes. This rebound was fueled by the rising adoption of smart, automated blinds integrating IoT systems and a market trend toward premiumization, where consumers showed willingness to pay more for higher-quality, aesthetically pleasing products. Volatility in raw material prices during this period affected production costs but did not halt the market's upward trajectory in value terms.

In the subsequent period from 2022 to 2024, the market continued to evolve with a strong focus on energy efficiency and sustainability. The popularization of smart homes in Spain boosted demand for motorized and programmable blinds, while material innovations such as thermoregulating coatings from companies like Verosol enhanced product functionality. Regulatory changes in Spain promoting sustainability and clear product labeling also shaped market development. Despite ongoing raw material price volatility, the market volume demonstrated resilience, reaching 31.6 thousand tonnes in 2024.

Production plastic shutters and blinds in Spain

In value, 2017-2020, M $ US

Spain's production of plastic shutters and blinds declined after two years of growth. In 2019, output reached its peak at 120.2 million US dollars, but by 2020 it had fallen to 112.7 million US dollars, representing a 6.2% decrease. Over the period from 2017 to 2020, production increased by 18.2%, which translates to an average annual growth rate of 5.7%. The most significant year-on-year increase occurred in 2019, when production rose by 17.6%.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

In kind, 2017-2020, t

After two years of expansion, Spain's production of plastic shutters and blinds in physical terms declined. In 2019, output peaked at 35 833 tonnes, but in 2020 it dropped to 31 473 tonnes, a decrease of 12.2% compared to the previous year. From 2017 to 2020, production grew by 20.3%, with a compound annual growth rate of 6.4%. The largest annual increase was recorded in 2019, at 22.6%.

Annual dynamics of production in Spain in kind, 2017-2020, t

Exports plastic shutters and blinds from Spain

Exports in kind, t

Spain's exports of plastic shutters and blinds in physical terms increased for the second consecutive year. In 2018, exports hit their lowest point at 6 958 tonnes, but by 2020 they had risen to 7 457 tonnes, marking a 6.9% increase from 2019. However, over the broader period from 2017 to 2020, exports decreased by 25%, equivalent to an annualized decline of 9.1%. The most substantial drop occurred in 2018, when exports fell by 30.0%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, t

From 2017 to 2020, Belgium, France, and Portugal were the primary destinations for Spain's exports of plastic shutters and blinds in physical terms. Belgium accounted for 25.9% of exports, France for 18.9%, and Portugal for 17.8%. Together, these three countries represented 62.6% of total export flows.

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

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

Exports in value, K $ US

After two years of decline, Spain's exports of plastic shutters and blinds in value terms showed an increase. In 2019, exports reached their lowest point at 29 240 thousand US dollars, but by 2020 they had recovered to 30 514 thousand US dollars, a modest rise of 4.4%. Over the period from 2017 to 2020, exports decreased by 25%, which corresponds to an annualized decline of 9.2%. The largest year-on-year decrease was recorded in 2018, at 21.7%.

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

Between 2017 and 2020, Portugal, France, and Belgium remained the key markets for Spain's exports of plastic shutters and blinds in value terms. Portugal accounted for 21.5% of exports, France for 20.4%, and Belgium for 14.8%. Collectively, these three countries made up 56.7% of total export flows.

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

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

Imports plastic shutters and blinds to Spain

Imports in kind, t

Spain's imports of plastic shutters and blinds in physical terms declined in 2020, reaching a total of 1 717 tonnes, which represents a 10.0% decrease from the previous year. Over the period from 2017 to 2020, imports decreased by 12.5%, with a compound annual growth rate of -4.3%. The lowest import volume was recorded in 2018 at 1 717 tonnes, with the largest decline that year at 18.2%. In contrast, imports saw their biggest increase in 2019, rising by 18.9%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, t

From 2017 to 2020, China, France, and Italy were the main sources for Spain's imports of plastic shutters and blinds in physical terms. China accounted for 30.5% of imports, France for 18.5%, and Italy for 18.0%. Together, these three countries represented 66.9% of total import flows.

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

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

Imports in value, K $ US

Spain's imports of plastic shutters and blinds in value terms increased for the second year in a row. In 2018, imports were at their lowest point, totaling 11 974 thousand US dollars, but by 2020 they had risen to 13 301 thousand US dollars, a moderate improvement of 3.2% from the previous year. The largest decline occurred in 2018, when imports fell by 10.3%, while the most significant increase was in 2019, at 7.7%.

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

Between 2017 and 2020, France, China, and Italy were the three principal markets for Spain's imports of plastic shutters and blinds in value terms. Together, these countries accounted for 64.6% of total import flows.

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

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