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Bulgaria - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Furniture Lock Price in Bulgaria - 2023
Contents:
- Metal Furniture Lock Price in Bulgaria (CIF) - 2022
- Metal Furniture Lock Price in Bulgaria (FOB) - 2022
- Metal Furniture Lock Imports in Bulgaria
- Metal Furniture Lock Exports in Bulgaria
Metal Furniture Lock Price in Bulgaria (CIF) - 2022
The average metal furniture lock import price stood at $23,846 per ton in 2022, which is down by -24.7% against the previous year. In general, the import price, however, showed a strong increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 77%. Over the period under review, average import prices attained the peak figure at $31,688 per ton in 2021, and then shrank sharply 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 Germany ($41,475 per ton), while the price for Turkey ($5,721 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Furniture Lock Price in Bulgaria (FOB) - 2022
In 2022, the average metal furniture lock export price amounted to $62,724 per ton, declining by -39.3% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of 109%. As a result, the export price reached the peak level of $118,249 per ton. From 2015 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 Kuwait ($156,189 per ton), while the average price for exports to Bosnia and Herzegovina ($12,000 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 Lithuania (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Furniture Lock Imports in Bulgaria
For the third year in a row, Bulgaria recorded decline in supplies from abroad of base metal furniture locks, which decreased by -6% to 23 tons in 2022. In general, imports showed a deep slump.
In value terms, metal furniture lock imports fell significantly to $556K in 2022. Overall, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 10%. As a result, imports attained the peak of $787K, and then reduced rapidly in the following year.
Import of Metal Furniture Lock in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 420 | 411 | 522 | 366 | -4.5% |
China | 54.0 | 54.1 | 21.7 | 63.2 | 5.4% |
Germany | 21.3 | 33.8 | 20.2 | 27.2 | 8.5% |
Russia | 16.4 | 48.4 | 23.8 | 23.1 | 12.1% |
Turkey | 25.0 | 29.0 | 18.9 | 12.4 | -20.8% |
Greece | 85.5 | 51.8 | 49.0 | 8.8 | -53.1% |
Croatia | N/A | N/A | 0.3 | 4.6 | 1433.3% |
Others | 59.7 | 85.5 | 131 | 50.8 | -5.2% |
Total | 682 | 713 | 787 | 556 | -6.6% |
Top Suppliers of Metal Furniture Lock to Bulgaria in 2022:
- Italy (8.9 tons)
- China (8.2 tons)
- Turkey (2.2 tons)
- Russia (1.1 tons)
- Germany (0.7 tons)
- Croatia (0.6 tons)
- Greece (0.5 tons)
Metal Furniture Lock Exports in Bulgaria
In 2022, overseas shipments of base metal furniture locks decreased by -86.6% to 427 kg, falling for the second year in a row after two years of growth. In general, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 92%. As a result, the exports reached the peak of 6.7 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metal furniture lock exports fell notably to $27K in 2022. Overall, exports saw a precipitous setback. The growth pace was the most rapid in 2020 when exports increased by 138% against the previous year. As a result, the exports attained the peak of $720K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Metal Furniture Lock in Bulgaria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | N/A | 6.2 | 4.9 | 11.6 | 36.8% |
Sweden | 2.9 | N/A | N/A | 3.7 | 8.5% |
China | N/A | N/A | N/A | 2.4 | 0% |
Georgia | N/A | N/A | N/A | 1.2 | 0% |
Italy | 105 | 67.5 | 119 | 1.1 | -78.1% |
Greece | 0.8 | N/A | N/A | 1.1 | 11.2% |
France | 31.3 | 28.0 | 39.1 | 1.1 | -67.2% |
Bosnia and Herzegovina | N/A | N/A | N/A | 0.1 | 0% |
Czech Republic | 132 | 539 | 91.8 | N/A | -16.6% |
Others | 30.6 | 79.7 | 74.0 | 4.5 | -47.2% |
Total | 303 | 720 | 328 | 26.8 | -55.4% |
Top Export Markets for Metal Furniture Lock from Bulgaria in 2022:
- Sweden (126.0 kg)
- Greece (75.0 kg)
- Kuwait (74.0 kg)
- Georgia (67.0 kg)
- China (24.0 kg)
- Italy (17.0 kg)
- Bosnia and Herzegovina (12.0 kg)
- France (9.0 kg)
This report provides an in-depth analysis of the metal furniture lock market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25721170 - Base metal furniture locks
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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