Chile - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Furniture Lock Price in Chile - 2023
Contents:
- Metal Furniture Lock Price in Chile (CIF) - 2023
- Metal Furniture Lock Price in Chile (FOB) - 2022
- Metal Furniture Lock Imports in Chile
- Metal Furniture Lock Exports in Chile
Metal Furniture Lock Price in Chile (CIF) - 2023
In July 2023, the average metal furniture lock import price amounted to $9,016 per ton, with an increase of 106% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 165% against the previous month. Over the period under review, average import prices hit record highs at $17,882 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($27,983 per ton), while the price for China stood at $8,001 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Canada (-0.6%).
Metal Furniture Lock Price in Chile (FOB) - 2022
In 2022, the average metal furniture lock export price amounted to $18,225 per ton, surging by 25% against the previous year. Overall, the export price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of 75% against the previous year. The export price peaked at $45,827 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($41,086 per ton), while the average price for exports to Uruguay ($3,189 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 Bolivia (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Furniture Lock Imports in Chile
In 2022, after three years of growth, there was significant decline in purchases abroad of base metal furniture locks, when their volume decreased by -54.2% to 257 tons. Overall, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 248% against the previous year. As a result, imports reached the peak of 561 tons, and then shrank markedly in the following year.
In value terms, metal furniture lock imports fell notably to $1.6M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 143% against the previous year. As a result, imports attained the peak of $2.6M, and then shrank remarkably in the following year.
| Import of Metal Furniture Lock in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.3 | 0.9 | 2.5 | 1.5 | 4.9% |
| Others | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Total | 1.6 | 1.1 | 2.6 | 1.6 | 0.0% |
Top Suppliers of Metal Furniture Lock to Chile in 2022:
- China (254.8 tons)
Metal Furniture Lock Exports in Chile
In 2022, exports of base metal furniture locks from Chile declined notably to 2 tons, waning by -63.1% on the year before. Overall, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 687%.
In value terms, metal furniture lock exports reduced rapidly to $36K in 2022. Over the period under review, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2021 when exports increased by 1,280% against the previous year.
| Export of Metal Furniture Lock in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 35.7 | N/A | 51.5 | 31.6 | -4.0% |
| Colombia | N/A | N/A | 1.2 | 1.7 | 41.7% |
| Uruguay | 0.5 | 1.4 | 2.5 | 1.4 | 40.9% |
| Argentina | 3.9 | 1.0 | 1.8 | 0.8 | -41.0% |
| Peru | 13.5 | 3.2 | N/A | 0.1 | -80.5% |
| Paraguay | 177 | N/A | 12.7 | N/A | -73.2% |
| Costa Rica | N/A | N/A | 5.5 | N/A | 0% |
| Panama | N/A | N/A | 1.4 | N/A | 0% |
| Others | 4.3 | N/A | 0.8 | N/A | -56.9% |
| Total | 235 | 5.6 | 77.4 | 35.6 | -46.7% |
Top Export Markets for Metal Furniture Lock from Chile in 2022:
- Bolivia (768.0 kg)
- Colombia (503.0 kg)
- Uruguay (438.0 kg)
- Argentina (213.0 kg)
- Peru (29.0 kg)
This report provides an in-depth analysis of the metal furniture lock market in Chile. 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:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- 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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