Japan: Metal Furniture Lock Market 2025

Metal Furniture Lock Market Size in Japan

In 2022, the Japanese metal furniture lock market decreased by X% to $X, falling for the third year in a row after four years of growth. The market value 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. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Metal Furniture Lock Exports

Exports from Japan

Metal furniture lock exports from Japan stood at X tons in 2022, surging by X% compared with 2021. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal furniture lock exports declined to $X in 2022. Overall, exports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines (X tons) was the main destination for metal furniture lock exports from Japan, with a X% share of total exports. Moreover, metal furniture lock exports to the Philippines exceeded the volume sent to the second major destination, China (X tons), twofold. Indonesia (X kg) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Philippines stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Indonesia (X% per year).

In value terms, China ($X), the Philippines ($X) and Malaysia ($X) were the largest markets for metal furniture lock exported from Japan worldwide, with a combined X% share of total exports.

The Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal furniture lock export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Myanmar ($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 Myanmar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Furniture Lock Imports

Imports into Japan

In 2022, overseas purchases of base metal furniture locks increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a slight slump. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal furniture lock imports contracted modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period 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 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal furniture lock to Japan, with a X% share of total imports. Moreover, metal furniture lock imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fourfold. The third position in this ranking was held by Thailand (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Thailand (X% per year).

In value terms, China ($X), Taiwan (Chinese) ($X) and Thailand ($X) appeared to be the largest metal furniture lock suppliers to Japan, with a combined X% share of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw 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

In 2022, the average metal furniture lock import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, import price indicated a pronounced increase 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 2015 indices. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then shrank modestly in the following year.

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

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

Source: IndexBox Platform

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