Netherlands: Lock And Key Market 2025

Lock And Key Market Size in the Netherlands

The Dutch lock and key market fell to $X in 2021, waning by -3.2% against the previous year. Overall, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +73.8% against 2016 indices. Over the period under review, the market hit record highs at $X in 2020, and then fell slightly in the following year.

Lock And Key Production in the Netherlands

In value terms, lock and key production surged to $X in 2021 estimated in export price. Over the period under review, production saw a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Lock And Key Exports

Exports from the Netherlands

In 2021, overseas shipments of padlocks, locks and keys of base metal increased by 36% to X tons, rising for the third year in a row after two years of decline. In general, total exports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +72.7% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lock and key exports skyrocketed to $X in 2021. Over the period under review, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for lock and key exports from the Netherlands, with a 40% share of total exports. Moreover, lock and key exports to Germany exceeded the volume sent to the second major destination, Belgium (X tons), threefold. The third position in this ranking was held by France (X tons), with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+1.7% per year) and France (+3.4% per year).

In value terms, Germany ($X) remains the key foreign market for padlocks, locks and keys of base metal exports from the Netherlands, comprising 31% of total exports. The second position in the ranking was taken by Belgium ($X), with a 15% share of total exports. It was followed by France, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+7.5% per year) and France (+5.2% per year).

Export Prices by Country

The average lock and key export price stood at $X per ton in 2021, with an increase of 7.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Portugal ($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 Denmark (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lock And Key Imports

Imports into the Netherlands

For the sixth consecutive year, the Netherlands recorded growth in overseas purchases of padlocks, locks and keys of base metal, which increased by 10% to X tons in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.4% against 2014 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 20% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, lock and key imports skyrocketed to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +57.4% against 2014 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of lock and key imports to the Netherlands, together accounting for 72% of total imports. These countries were followed by Austria, Taiwan (Chinese), Italy, Poland, India and the UK, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +19.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lock and key suppliers to the Netherlands were Germany ($X), China ($X) and Belgium ($X), with a combined 64% share of total imports. These countries were followed by Italy, Austria, Taiwan (Chinese), Poland, the UK and India, which together accounted for a further 16%.

In terms of the main suppliers, Poland, with a CAGR of +14.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average lock and key import price stood at $X per ton in 2021, growing by 9.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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