Aluminium Window And Door Market

The article discusses the global market for aluminium doors, thresholds for doors and windows, with forecasts showing an upward consumption trend over the next eight years. Market performance is expected to expand with a CAGR of +0.7% for the period from 2022 to 2030, reaching 1.2B units by 2030. In terms of value, the market is forecasted to increase with a CAGR of +1.9% to $108.7B by 2030. Consumption of aluminium windows and doors has seen significant growth, with Russia leading in consumption volume. Production has also increased steadily, with the United States being the largest importer. China leads in exports, with Poland and Germany following closely in value terms.

Market Forecast

Driven by increasing demand for aluminium doors, thresholds for doors and windows worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.7% for the period from 2022 to 2030, which is projected to bring the market volume to 1.2B units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +1.9% for the period from 2022 to 2030, which is projected to bring the market value to $108.7B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Aluminium Doors, Thresholds For Doors And Windows

Global aluminium window and door consumption rose significantly to 1.1B units in 2022, increasing by 7.2% on 2021. Overall, the total consumption indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +86.4% against 2012 indices. Over the period under review, global consumption attained the maximum volume in 2022 and is likely to see gradual growth in the near future.

The global aluminium window and door market value soared to $93.8B in 2022, picking up by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a strong expansion. Over the period under review, the global market reached the maximum level in 2022 and is likely to continue growth in the near future.

Consumption By Country

Russia (304M units) constituted the country with the largest volume of aluminium window and door consumption, accounting for 27% of total volume. Moreover, aluminium window and door consumption in Russia exceeded the figures recorded by the second-largest consumer, Denmark (122M units), twofold. China (105M units) ranked third in terms of total consumption with a 9.2% share.

In Russia, aluminium window and door consumption increased at an average annual rate of +10.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Denmark (+71.0% per year) and China (+5.1% per year).

In value terms, Denmark ($20.5B), Russia ($14.9B) and the United States ($10B) constituted the countries with the highest levels of market value in 2022, together accounting for 48% of the global market.

Denmark, with a CAGR of +70.7%, saw the highest growth rate of market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of aluminium window and door per capita consumption was registered in Denmark (21 units per person), followed by Russia (2.1 units per person), Saudi Arabia (1.6 units per person) and Turkey (0.3 units per person), while the world average per capita consumption of aluminium window and door was estimated at 0.1 units per person.

In Denmark, aluminium window and door per capita consumption expanded at an average annual rate of +70.2% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Russia (+10.1% per year) and Saudi Arabia (-0.1% per year).

Production

World Production of Aluminium Doors, Thresholds For Doors And Windows

For the sixth year in a row, the global market recorded growth in production of aluminium doors, thresholds for doors and windows, which increased by 6.8% to 1.1B units in 2022. Overall, the total production indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +80.9% against 2012 indices. The most prominent rate of growth was recorded in 2018 with an increase of 11%. Over the period under review, global production hit record highs in 2022 and is expected to retain growth in the immediate term.

In value terms, aluminium window and door production fell modestly to $71.8B in 2022 estimated in export price. The total output value increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 with an increase of 20%. Global production peaked at $72.2B in 2021, and then dropped modestly in the following year.

Production By Country

Russia (304M units) constituted the country with the largest volume of aluminium window and door production, comprising approx. 27% of total volume. Moreover, aluminium window and door production in Russia exceeded the figures recorded by the second-largest producer, China (134M units), twofold. Denmark (122M units) ranked third in terms of total production with an 11% share.

In Russia, aluminium window and door production expanded at an average annual rate of +10.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (+5.0% per year) and Denmark (+72.1% per year).

Imports

World Imports of Aluminium Doors, Thresholds For Doors And Windows

In 2022, the amount of aluminium doors, thresholds for doors and windows imported worldwide totaled 84M units, surging by 4.6% compared with 2021 figures. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +23.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, global imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, aluminium window and door imports rose markedly to $5.2B in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Over the period under review, global imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports By Country

In 2022, the United States (18M units), distantly followed by Japan (6.4M units), Saudi Arabia (5M units), the UK (4.3M units) and Hong Kong SAR (4.1M units) were the main importers of aluminium doors, thresholds for doors and windows, together constituting 44% of total imports. Australia (3.6M units), France (3.1M units), Germany (2.7M units), Sweden (2.7M units), the Netherlands (2.7M units), Singapore (2.1M units), South Korea (1.6M units) and Poland (1.6M units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +15.7% from 2012 to 2022. At the same time, South Korea (+34.1%), Poland (+29.5%), Sweden (+27.0%), the Netherlands (+18.6%), Germany (+9.1%), Australia (+8.9%), Singapore (+7.8%), the UK (+5.5%), France (+3.4%) and Hong Kong SAR (+2.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of +34.1% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, Saudi Arabia (-5.7%) illustrated a downward trend over the same period. The United States (+13 p.p.), Sweden (+2.7 p.p.), the Netherlands (+2.2 p.p.), South Korea (+1.8 p.p.) and Poland (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while Hong Kong SAR, Japan and Saudi Arabia saw its share reduced by -1.6%, -4.7% and -12.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($1.2B) constitutes the largest market for imported aluminium doors, thresholds for doors and windows worldwide, comprising 23% of global imports. The second position in the ranking was taken by Japan ($386M), with a 7.5% share of global imports. It was followed by the UK, with a 6.5% share.

In the United States, aluminium window and door imports expanded at an average annual rate of +17.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (+0.2% per year) and the UK (+12.5% per year).

Import Prices By Country

The average aluminium window and door import price stood at $61 per unit in 2022, with an increase of 7.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2020 when the average import price increased by 15%. Global import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($97 per unit), while Saudi Arabia ($7.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.2%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Aluminium Doors, Thresholds For Doors And Windows

In 2022, approx. 67M units of aluminium doors, thresholds for doors and windows were exported worldwide; declining by -2.1% compared with the previous year. The total export volume increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 36%. Over the period under review, the global exports reached the maximum at 72M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, aluminium window and door exports reached $6B in 2022. Overall, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.8% against 2016 indices. The pace of growth was the most pronounced in 2013 when exports increased by 17% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in the near future.

Exports By Country

In 2022, China (30M units) was the major exporter of aluminium doors, thresholds for doors and windows, generating 44% of total exports. Thailand (4.6M units) took the second position in the ranking, followed by Colombia (4M units). All these countries together held approx. 13% share of total exports. Germany (2.9M units), Turkey (2.5M units), Canada (2.2M units), Malaysia (1.9M units), Poland (1.4M units) and Bosnia and Herzegovina (1.1M units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to aluminium window and door exports from China stood at +4.9%. At the same time, Colombia (+20.0%), Bosnia and Herzegovina (+16.0%), Malaysia (+10.8%), Turkey (+9.2%), Canada (+5.8%), Poland (+3.5%), Thailand (+2.8%) and Germany (+1.4%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in the world, with a CAGR of +20.0% from 2012-2022. From 2012 to 2022, the share of China, Colombia, Turkey and Malaysia increased by +12, +4.9, +1.9 and +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($1.5B) remains the largest aluminium window and door supplier worldwide, comprising 25% of global exports. The second position in the ranking was held by Poland ($604M), with a 10% share of global exports. It was followed by Germany, with a 7% share.

From 2012 to 2022, the average annual growth rate of value in China totaled +8.0%. In the other countries, the average annual rates were as follows: Poland (+22.7% per year) and Germany (+2.5% per year).

Export Prices By Country

In 2022, the average aluminium window and door export price amounted to $90 per unit, growing by 12% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium window and door export price increased by +15.3% against 2016 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 28%. The global export price peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($432 per unit), while Malaysia ($44 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+18.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform