Germany: Metal Furniture Lock Market 2025

Metal Furniture Lock Market Size in Germany

In 2022, the German metal furniture lock market decreased by X% to $X, falling for the fourth consecutive year after three years of growth. Overall, consumption, however, continues to indicate a mild contraction. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Metal Furniture Lock Production in Germany

In value terms, metal furniture lock production rose significantly to $X in 2022 estimated in export price. Overall, production showed a slight downturn. The growth pace was the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Metal Furniture Lock Exports

Exports from Germany

Metal furniture lock exports from Germany fell to X tons in 2022, waning by X% compared with the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; afterwards, it flattened through to 2022.

In value terms, metal furniture lock exports reduced to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then reduced slightly in the following year.

Exports by Country

Slovakia (X tons), Austria (X tons) and the Czech Republic (X tons) were the main destinations of metal furniture lock exports from Germany, together comprising X% of total exports. Turkey, France, Poland, Belgium, the UK, Switzerland, Lithuania, Italy, Sweden and China lagged somewhat behind, together comprising a further X%.

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

In value terms, Austria ($X) remains the key foreign market for base metal furniture locks exports from Germany, comprising X% of total exports. The second position in the ranking was held by France ($X), with an X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Austria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the average metal furniture lock export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Furniture Lock Imports

Imports into Germany

In 2022, imports of base metal furniture locks into Germany rose notably to X tons, increasing by X% on 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, metal furniture lock imports fell to $X in 2022. Overall, total imports indicated a strong 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 most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped slightly in the following year.

Imports by Country

China (X tons), Belgium (X tons) and Poland (X tons) were the main suppliers of metal furniture lock imports to Germany, together accounting for X% of total imports. The Czech Republic, France, Vietnam, Turkey, Austria, Hungary, Romania, Thailand, Switzerland and Italy lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), Romania ($X) and Austria ($X) appeared to be the largest metal furniture lock suppliers to Germany, together comprising X% of total imports. Vietnam, Hungary, Poland, Belgium, the Czech Republic, France, Switzerland, Turkey, Thailand and Italy lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average metal furniture lock import price amounted to $X per ton, waning 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 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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