EU: Metal Furniture Lock Market 2025

Metal Furniture Lock Market Size in the EU

In 2022, the EU metal furniture lock market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Metal Furniture Lock Production in the EU

In value terms, metal furniture lock production declined to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Metal Furniture Lock Exports

Exports in the EU

Metal furniture lock exports dropped to X tons in 2022, waning by X% on the previous year's figure. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, metal furniture lock exports fell modestly to $X in 2022. Total exports indicated a perceptible increase 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined modestly in the following year.

Exports by Country

Germany represented the key exporter of base metal furniture locks in the European Union, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Poland (X tons), Belgium (X tons), France (X tons), Italy (X tons) and the Netherlands (X tons), together making up a X% share of total exports. Denmark (X tons), Sweden (X tons), Spain (X tons), Austria (X tons), Finland (X tons) and Romania (X tons) held a minor share of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of base metal furniture locks. At the same time, Sweden (X%), Austria (X%), Poland (X%) and Spain (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Finland and France experienced a relatively flat trend pattern. By contrast, Belgium (X%), Romania (X%), the Netherlands (X%), Denmark (X%) and Italy (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Sweden, Austria and Spain increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Austria ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Italy, France, Belgium, Finland, Poland, Sweden, Romania, Spain and Denmark lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, growing by X% against the previous year. Export price indicated a noticeable expansion 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 export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

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 Austria ($X per ton), while Denmark ($X per ton) was amongst the lowest.

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

Metal Furniture Lock Imports

Imports in the EU

In 2022, supplies from abroad of base metal furniture locks increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, metal furniture lock imports declined slightly to $X in 2022. Total imports indicated a prominent 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2022, Germany (X tons), Poland (X tons), the Netherlands (X tons), Italy (X tons), Spain (X tons), France (X tons), Austria (X tons), Sweden (X tons), Belgium (X tons), Denmark (X tons) and the Czech Republic (X tons) was the largest importer of base metal furniture locks in the European Union, mixing up X% of total import.

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

In value terms, Germany ($X), the Netherlands ($X) and Austria ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price in the European Union stood at $X per ton in 2022, declining 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 2016 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then shrank slightly 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 Austria ($X per ton), while Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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