Southern Asia: Curtains Market 2024

Curtains Market Size in Southern Asia

The South Asian curtains market rose sharply to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Curtains Production in Southern Asia

In value terms, curtains production rose sharply to $X in 2022 estimated in export price. The total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Curtains Exports

Exports in Southern Asia

In 2022, after two years of growth, there was significant decline in shipments abroad of curtains and interior blinds, when their volume decreased by X% to X square meters. Over the period under review, exports showed a slight setback. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, curtains exports dropped to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, India (X square meters) represented the major exporter of curtains and interior blinds, making up X% of total exports. Pakistan (X square meters) ranks second in terms of the total exports with a X% share, followed by Bangladesh (X%).

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, India ($X), Pakistan ($X) and Bangladesh ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Bangladesh, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per square meter, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per square meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per square meter), while Bangladesh ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced mixed trends in the export price figures.

Curtains Imports

Imports in Southern Asia

In 2022, approx. X square meters of curtains and interior blinds were imported in Southern Asia; with an increase of X% on the previous year. Over the period under review, imports showed strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, curtains imports surged to $X in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

India dominates imports structure, amounting to X square meters, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X square meters) and Maldives (X square meters), together generating an X% share of total imports. The following importers - Afghanistan (X square meters), Nepal (X square meters) and Pakistan (X square meters) - together made up X% of total imports.

India was also the fastest-growing in terms of the curtains and interior blinds imports, with a CAGR of X% from 2012 to 2022. At the same time, Afghanistan (X%), Maldives (X%), Pakistan (X%) and Bangladesh (X%) displayed positive paces of growth. By contrast, Nepal (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported curtains and interior blinds in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Maldives ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (X% per year) and Bangladesh (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per square meter in 2022, declining by X% against the previous year. In general, the import price showed a perceptible decline. The growth pace was the most rapid in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per square meter. From 2015 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per square meter), while India ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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