India: Wooden Window Market 2022

Wooden Window Market Size in India

The Indian wooden window market expanded slightly to $X in 2021, with an increase of 4.6% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Wooden Window Production in India

In value terms, wooden window production rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 45%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Wooden Window Exports

Exports from India

In 2021, shipments abroad of windows, french windows and their frames of wood decreased by -40.8% to X tons, falling for the second year in a row after three years of growth. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 208%. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, wooden window exports declined notably to $X in 2021. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 100%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for wooden window exports from India, with a 32% share of total exports. Moreover, wooden window exports to the United States exceeded the volume sent to the second major destination, Thailand (X tons), twofold. The Netherlands (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+80.1% per year) and the Netherlands (+43.6% per year).

In value terms, the United States ($X), the Netherlands ($X) and the United Arab Emirates ($X) constituted the largest markets for wooden window exported from India worldwide, together comprising 53% of total exports. Thailand, Canada, Germany, Gambia, China, Australia, Spain, Seychelles, Singapore and Nepal lagged somewhat behind, together comprising a further 38%.

Seychelles, with a CAGR of +135.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden window export price stood at $X per ton in 2021, falling by -17.3% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 an increase of 76% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Window Imports

Imports into India

In 2021, supplies from abroad of windows, french windows and their frames of wood decreased by -92.7% to X tons, falling for the third consecutive year after two years of growth. Overall, imports faced a deep slump. The pace of growth was the most pronounced in 2017 when imports increased by 1,364% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, wooden window imports reduced notably to $X in 2021. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 1,105% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X tons) was the main wooden window supplier to India, with a 91% share of total imports. Moreover, wooden window imports from Indonesia exceeded the figures recorded by the second-largest supplier, Italy (X tons), tenfold.

From 2012 to 2021, the average annual growth rate of volume from Indonesia stood at -11.6%.

In value terms, Italy ($X) and Indonesia ($X) appeared to be the largest wooden window suppliers to India.

In terms of the main suppliers, Italy, with a CAGR of +46.2%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average wooden window import price stood at $X per ton in 2021, growing by 80% against the previous year. In general, the import price, however, continues to indicate a deep reduction. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Indonesia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (-9.4%).

Source: IndexBox Platform

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