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New Zealand - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Furniture Lock Price in New Zealand - 2023
Contents:
- Metal Furniture Lock Price in New Zealand (CIF) - 2022
- Metal Furniture Lock Price in New Zealand (FOB) - 2022
- Metal Furniture Lock Imports in New Zealand
- Metal Furniture Lock Exports in New Zealand
Metal Furniture Lock Price in New Zealand (CIF) - 2022
The average metal furniture lock import price stood at $25,027 per ton in 2022, surging by 12% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The growth pace was the most rapid in 2018 an increase of 34% against the previous year. The import price peaked at $41,656 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($25,029 per ton) and Finland ($25,029 per ton), while the price for Thailand ($25,021 per ton) and Taiwan (Chinese) ($25,024 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Furniture Lock Price in New Zealand (FOB) - 2022
The average metal furniture lock export price stood at $42,033 per ton in 2022, with a decrease of -8.4% against the previous year. Overall, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 61%. The export price peaked at $67,439 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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) ($42,169 per ton) and Fiji ($42,095 per ton), while the average price for exports to Germany ($41,835 per ton) and Australia ($42,014 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 (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Furniture Lock Imports in New Zealand
In 2022, imports of base metal furniture locks into New Zealand reduced to 26 tons, shrinking by -6.9% against the year before. In general, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 9.7%.
In value terms, metal furniture lock imports rose slightly to $653K in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Metal Furniture Lock in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 286 | 253 | 352 | 322 | 4.0% |
Taiwan (Chinese) | 14.9 | 24.7 | 53.6 | 73.1 | 69.9% |
Germany | 44.7 | 31.9 | 52.4 | 47.9 | 2.3% |
Thailand | 52.4 | 13.5 | 28.5 | 46.2 | -4.1% |
Finland | 51.6 | 25.0 | 46.8 | 44.3 | -5.0% |
Turkey | N/A | 0.2 | N/A | 34.4 | 1211.5% |
Australia | 66.6 | 48.5 | 65.8 | 34.0 | -20.1% |
South Korea | 19.3 | 14.6 | 9.1 | 13.4 | -11.5% |
Netherlands | N/A | 39.7 | 1.5 | N/A | -96.2% |
Others | 24.9 | 42.5 | 16.6 | 38.2 | 15.3% |
Total | 561 | 493 | 626 | 653 | 5.2% |
Top Suppliers of Metal Furniture Lock to New Zealand in 2022:
- China (12.9 tons)
- Taiwan (Chinese) (2.9 tons)
- Germany (1.9 tons)
- Finland (1.8 tons)
- Thailand (1.8 tons)
- Turkey (1.4 tons)
- Australia (1.4 tons)
- South Korea (0.5 tons)
Metal Furniture Lock Exports in New Zealand
In 2022, approx. 1.8 tons of base metal furniture locks were exported from New Zealand; jumping by 1,219% against 2021. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal furniture lock exports skyrocketed to $75K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Metal Furniture Lock in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Fiji | 3.4 | N/A | 0.1 | 21.6 | 85.2% |
Poland | N/A | N/A | N/A | 20.3 | 0% |
Cook Islands | 0.2 | 2.6 | 0.5 | 20.2 | 365.7% |
Australia | 8.2 | 1.0 | 3.3 | 5.9 | -10.4% |
Germany | N/A | N/A | 2.3 | 3.3 | 43.5% |
Taiwan (Chinese) | N/A | N/A | N/A | 3.2 | 0% |
China | 8.1 | N/A | N/A | N/A | 0% |
Brunei Darussalam | N/A | 29.0 | N/A | N/A | 0% |
Others | 2.5 | N/A | 0.1 | 0.8 | -31.6% |
Total | 22.3 | 32.7 | 6.2 | 75.4 | 50.1% |
Top Export Markets for Metal Furniture Lock from New Zealand in 2022:
- Fiji (514.0 kg)
- Poland (482.0 kg)
- Cook Islands (480.0 kg)
- Australia (141.0 kg)
- Germany (79.0 kg)
- Taiwan (Chinese) (77.0 kg)
This report provides an in-depth analysis of the metal furniture lock market in New Zealand. 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:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- 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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