World - Padlocks, Locks And Keys Of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
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Lock and key market: get access to newly released info enhanced by an Ai-driven BI platform. Info contain production, market size, market prices, trade, imports, companies, consumption, and exports. There is a split by country, including the U.K., the Middle East, Russia, the U.S., EU, Latin America, China, and Africa. Market insights and forecast to 2030 are also featured in the dashboards.
Lock and Key - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | United States |
3 | Germany |
4 | Mexico |
5 | Canada |
In value terms, the largest lock and key markets worldwide were China, the United States and Germany, with a combined 41% share of the global market. These countries were followed by Mexico, Canada, South Korea, the UK, Thailand, Italy, Turkey, Poland, Russia and India, which together accounted for a further 28%.
In terms of the main consuming countries, Poland recorded the highest rates of growth with regard to market size, over the period under review, while lock and key market for the other global leaders experienced mixed trends in the market figures.
Lock And Key Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
China | 4928 | 4783 | 3869 | -11.4% |
Turkey | 4601 | 4334 | 4142 | -5.1% |
Austria | 6378 | 6045 | 6150 | -1.8% |
Poland | 6703 | 7116 | 6284 | -3.2% |
Canada | 6119 | 6398 | 6470 | 2.8% |
South Korea | 10153 | 9255 | 6636 | -19.2% |
Taiwan (Chinese) | 7259 | 7280 | 7998 | 5.0% |
Italy | 9419 | 9228 | 9052 | -2.0% |
Germany | 10896 | 10396 | 10516 | -1.8% |
United States | 10734 | 11631 | 11344 | 2.8% |
Mexico | 11269 | 11329 | 13015 | 7.5% |
Average | 7066 | 6964 | 6062 | -7.4% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Mexico ($13,015 per ton), while China ($3,869 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
France | 9652 | 9194 | 9676 | 0.1% |
Japan | 9519 | 8552 | 9174 | -1.8% |
Netherlands | 9266 | 9255 | 9043 | -1.2% |
Canada | 12808 | 9583 | 8605 | -18.0% |
Germany | 8626 | 8121 | 8026 | -3.5% |
United Kingdom | 8327 | 8296 | 7876 | -2.7% |
Mexico | 7595 | 7053 | 6693 | -6.1% |
Spain | 7236 | 8022 | 6568 | -4.7% |
Italy | 6634 | 6221 | 6223 | -3.1% |
United States | 6418 | 6167 | 5973 | -3.5% |
Poland | 4980 | 4801 | 5029 | 0.5% |
Russia | 4808 | 4869 | 4857 | 0.5% |
India | 4316 | 4000 | 3792 | -6.3% |
Average | 6690 | 6424 | 6381 | -2.3% |
Prices varied noticeably by the country of destination; the country with the highest price was France ($9,676 per ton), while India ($3,792 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.
Lock and Key - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
United States | 9.8 | 9.7 | 9.1 | -3.9% |
Germany | 3.8 | 3.6 | 3.6 | -3.6% |
Canada | 1.7 | 1.8 | 1.6 | -3.7% |
Poland | 1.6 | 1.6 | 1.6 | 1.1% |
United Kingdom | 1.9 | 1.9 | 1.6 | -9.6% |
In value terms, the United States ($9.1B) constitutes the largest market for imported padlocks, locks and keys of base metal worldwide, comprising 22% of global imports. The second position in the ranking was occupied by Germany ($3.6B), with a 8.5% share of global imports. It was followed by Canada, with a 3.8% share.
From 2018 to 2020, the average annual rate of growth in terms of value in the United States stood at -3.9%. In the other countries, the average annual rates were as follows: Germany (-3.6% per year) and Canada (-3.7% per year).
Lock and Key - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
China | 14 | 13 | 14 | 1.9% |
Germany | 6.5 | 6.1 | 5.7 | -5.9% |
United States | 3.4 | 3.5 | 2.9 | -7.9% |
Austria | 2.4 | 2.3 | 2.3 | -1.7% |
Italy | 2 | 1.9 | 1.8 | -7.3% |
In value terms, China ($14.3B) remains the largest lock and key supplier worldwide, comprising 33% of global exports. The second position in the ranking was occupied by Germany ($5.7B), with a 13% share of global exports. It was followed by the United States, with a 6.6% share.
In China, lock and key exports expanded at an average annual rate of +1.9% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-5.9% per year) and the United States (-7.9% per year).
Lock and Key - Market Forecast
Driven by rising demand for lock and key worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Lock and Key - Top Companies
Changhong Metal Technology (Dongguan) Co., Ltd., MURATA MANUFACTURING CO.,LTD., Stanley Black & Decker, Inc., Bae Systems Holdings Inc., Akt America, Inc., Hangzhou Hikvision Digital Technology Co., Ltd., Rockwell Automation Safety AG, Rockwell Automation Switzerland GmbH, Samsung SDI Co., Ltd., SMC CORPORATION, Fortune Brands Home & Security, Inc., Chint Group Corporation, Harbin Electric Company Limited, Henan Huarui Electric Manufacturing Co., Ltd., Shenzhen Zhang's Electric Equipment Co., Ltd., Hubbell Incorporated, NMB-MINEBEA THAI LIMITED, MAANI & PARTNERS FURNITIRE, SAMSUNG ELECTRONICS HCMC CE COMPLEX CO., LTD, Miele & Cie. KG
Lock and Key - Product Coverage
- HS 830110 - Padlocks; (key, combination or electrically operated), of base metal
- HS 830120 - Locks; of a kind used for motor vehicles (key, combination or electrically operated), of base metal
- HS 830130 - Locks; of a kind used for furniture (key, combination or electrically operated), of base metal
- HS 830140 - Locks; (other than those for motor vehicles or furniture), (key, combination or electrically operated), of base metal
- HS 830150 - Clasps and frames with clasps; incorporating locks, of base metal
- HS 830170 - Keys; presented separately, of base metal
- HS 8302 - Base metal mountings, fittings and similar articles for furniture, doors, staircases, windows, trunks, chests etc, castors with mountings of base metal, automatic door closers of base metal
This report provides an in-depth analysis of the global lock and key market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25721130 - Base metal padlocks
- Prodcom 25721150 - Base metal motor vehicle locks
- Prodcom 25721170 - Base metal furniture locks
- Prodcom 25721230 - Base metal cylinder locks used for doors of buildings
- Prodcom 25721250 - Base metal locks used for doors of buildings (excluding cylinder locks)
- Prodcom 25721270 - Base metal locks (excluding padlocks, motor vehicle locks, f urniture locks and locks used for doors of buildings)
- Prodcom 25721330 - Base metal clasps and frames with clasps, with locks (excluding fasteners and clasps for handbags, brief-cases and executive-cases)
- Prodcom 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)
- Prodcom 25721410 - Base metal hinges
- Prodcom 25721420 - Castors with mountings of base metal
- Prodcom 25721430 - Base metal mountings, fittings and similar articles suitable for motor vehicles (excluding hinges, castors, locks and keys)
- Prodcom 25721440 - Base metal mountings, fittings and similar articles suitable for buildings (excluding hinges, castors, locks, keys, spy holes fitted with optical elements and key operated door bolts)
- Prodcom 25721450 - Base metal mountings, fittings and similar articles suitable for furniture (excluding hinges, castors, locks and keys)
- Prodcom 25721460 - Other base metal mountings, fittings and similar articles (excluding for motor vehicles, buildings or furniture)
- Prodcom 25721470 - Base metal automatic door closers
- Prodcom 25721480 - Base metal hat-racks, hat-pegs, brackets, coat racks, towel racks, dish-cloth racks, brush racks and key racks (excluding coat-racks having the character of furniture)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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Explore the top import markets for lock and key products, including the United States, Germany, Canada, Mexico, and more. Learn about the demand, statistics, and key insights from IndexBox market intelligence platform.
Global padlocks, locks and keys market amounted to X tons in 2016. After a sharp drop in 2009, it recovered in the next year and then underwent moderate, but robust growth through 2016, accelerating slightly by the end of the period.
In 2016, the amount of lock and key imported worldwide amounted to X tons, moving up by X% against the previous year level. The total import volume increased at an average annual rate of +X% ov...
In 2016, the amount of lock and key imported worldwide amounted to X tons, moving up by X% against the previous year level. The total import volume increased at an average annual rate of +X% ov...
In value terms, base metals clad with silver imports totaled $X in 2016. Overall, base metals clad with silver imports continue to indicate a mild reduction. In that year, global base metals clad w...
In value terms, base metal mountings, fittings and similar articles imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016;...
In value terms, flexible tubing imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern remained consistent, with...
In value terms, base metals clad with silver exports amounted to $X in 2016. In general, base metals clad with silver exports continue to indicate a modest growth. Over the period under review, glo...
In value terms, base metal mountings, fittings and similar articles exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016;...
In value terms, flexible tubing exports stood at $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total exports value increased at an average annual rate of +X% over...