New Zealand: Metal Furniture Lock Market 2025

Metal Furniture Lock Market Size in New Zealand

The New Zealand metal furniture lock market reduced to $X in 2022, falling by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated prominent 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. Based on 2022 figures, consumption increased by X% against 2018 indices. Metal furniture lock consumption peaked at $X in 2021, and then declined in the following year.

Metal Furniture Lock Exports

Exports from New Zealand

In 2022, approx. X tons of base metal furniture locks were exported from New Zealand; picking up by X% compared with the year before. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, metal furniture lock exports surged to $X in 2022. In general, exports, however, saw a perceptible decline. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Fiji (X kg), Poland (X kg) and Cook Islands (X kg) were the main destinations of metal furniture lock exports from New Zealand, with a combined X% share of total exports.

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

In value terms, Fiji ($X), Poland ($X) and Cook Islands ($X) constituted the largest markets for metal furniture lock exported from New Zealand worldwide, with a combined X% share of total exports.

Among the main countries of destination, Cook Islands, with a CAGR of X%, recorded the highest growth rate of 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 average metal furniture lock export price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the export price recorded a perceptible shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($X per ton) and Fiji ($X per ton), while the average price for exports to Germany ($X per ton) and Australia ($X per ton) were amongst the lowest.

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

Metal Furniture Lock Imports

Imports into New Zealand

In 2022, approx. X tons of base metal furniture locks were imported into New Zealand; which is down by X% against 2021. Overall, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, metal furniture lock imports expanded to $X in 2022. Over the period under review, total imports indicated a notable 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, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of metal furniture lock to New Zealand, 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 taken by Germany (X tons), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of base metal furniture locks to New Zealand, comprising X% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Germany (X% per year).

Import Prices by Country

The average metal furniture lock import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($X per ton) and Finland ($X per ton), while the price for Thailand ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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