Romania: Metal Furniture Lock Market 2025

Metal Furniture Lock Market Size in Romania

In 2022, the Romanian metal furniture lock market decreased by X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption faced a abrupt downturn. Metal furniture lock consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Furniture Lock Production in Romania

In value terms, metal furniture lock production dropped to $X in 2022 estimated in export price. Overall, production saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Metal Furniture Lock Exports

Exports from Romania

In 2022, overseas shipments of base metal furniture locks increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal furniture lock exports soared to $X in 2022. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tons) was the main destination for metal furniture lock exports from Romania, with a X% share of total exports. Moreover, metal furniture lock exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Hungary (X% per year).

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

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: Germany (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the average metal furniture lock export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price posted a resilient increase. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Germany ($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 Hungary (X%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Furniture Lock Imports

Imports into Romania

Metal furniture lock imports into Romania rose modestly to X tons in 2022, picking up by X% compared with the previous year's figure. Overall, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal furniture lock imports dropped to $X in 2022. In general, imports, however, showed a perceptible curtailment. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), China (X tons) and Germany (X tons) were the main suppliers of metal furniture lock imports to Romania, together comprising X% of total imports. Italy, Hong Kong SAR, the Netherlands, Austria, Poland, Hungary and Denmark lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest metal furniture lock suppliers to Romania were China ($X), Turkey ($X) and Germany ($X), with a combined X% share of total imports. Austria, Italy, the Netherlands, Hong Kong SAR, Poland, Hungary and Denmark lagged somewhat behind, together comprising a further X%.

Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of 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, reducing by X% against the previous year. In general, the import price, however, posted a strong expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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 Austria ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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