Central Asia: Metal Furniture Lock Market 2025

Metal Furniture Lock Market Size in Central Asia

In 2022, the Central Asian metal furniture lock market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. The total consumption indicated strong growth 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. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Metal Furniture Lock Production in Central Asia

In value terms, metal furniture lock production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a measured increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Metal Furniture Lock Exports

Exports in Central Asia

In 2022, shipments abroad of base metal furniture locks increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, metal furniture lock exports surged to $X in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kazakhstan (X tons) represented roughly X% of total exports in 2022.

Kazakhstan was also the fastest-growing in terms of the base metal furniture locks exports, with a CAGR of X% from 2012 to 2022. While the share of Kazakhstan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest metal furniture lock supplier in Central Asia.

In Kazakhstan, metal furniture lock exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Metal Furniture Lock Imports

Imports in Central Asia

After three years of decline, overseas purchases of base metal furniture locks increased by X% to X tons in 2022. Total imports indicated a measured expansion from 2012 to 2022: its volume 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. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, metal furniture lock imports surged to $X in 2022. Over the period under review, imports posted a prominent expansion. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of metal furniture lock imports in 2022 were Uzbekistan (X tons), Tajikistan (X tons) and Kazakhstan (X tons), together reaching X% of total import. It was distantly followed by Turkmenistan (X tons), achieving an X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkmenistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Tajikistan ($X) constitutes the largest market for imported base metal furniture locks in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Uzbekistan, with an X% share.

In Tajikistan, metal furniture lock imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per ton, falling by X% against the previous year. Import price indicated strong growth from 2012 to 2022: its price 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, metal furniture lock import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per ton in 2021, and then declined in the following year.

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 Tajikistan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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