Israel - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Furniture Lock Price in Israel - 2023
Contents:
- Metal Furniture Lock Price in Israel (CIF) - 2022
- Metal Furniture Lock Price in Israel (FOB) - 2022
- Metal Furniture Lock Imports in Israel
- Metal Furniture Lock Exports in Israel
Metal Furniture Lock Price in Israel (CIF) - 2022
In 2022, the average metal furniture lock import price amounted to $25,024 per ton, rising by 39% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($25,033 per ton) and Hong Kong SAR ($25,033 per ton), while the price for Italy ($25,018 per ton) and Turkey ($25,018 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Furniture Lock Price in Israel (FOB) - 2022
In 2022, the average metal furniture lock export price amounted to $41,667 per ton, waning by -55.6% against the previous year. In general, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 81%. The export price peaked at $101,494 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +40.3% per year.
Metal Furniture Lock Imports in Israel
Metal furniture lock imports into Israel declined notably to 56 tons in 2022, with a decrease of -17.5% compared with 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 92%. As a result, imports attained the peak of 68 tons, and then reduced rapidly in the following year.
In value terms, metal furniture lock imports rose rapidly to $1.4M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Metal Furniture Lock in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 478 | 376 | 569 | 893 | 23.2% |
| Netherlands | 3.0 | 6.0 | 14.0 | 91.0 | 211.9% |
| Spain | 99.0 | 88.0 | 58.0 | 86.0 | -4.6% |
| Romania | N/A | N/A | 189 | 75.0 | -60.3% |
| Germany | 27.0 | 40.0 | 13.0 | 52.0 | 24.4% |
| Hong Kong SAR | 50.0 | 33.0 | 31.0 | 38.0 | -8.7% |
| Turkey | 7.0 | 10.0 | 45.0 | 34.0 | 69.4% |
| Austria | 281 | 84.0 | 19.0 | 19.0 | -59.3% |
| United States | 36.0 | 23.0 | 8.0 | 11.0 | -32.6% |
| Others | 63.0 | 163 | 281 | 104 | 18.2% |
| Total | 1,044 | 823 | 1,227 | 1,403 | 10.4% |
Top Suppliers of Metal Furniture Lock to Israel in 2022:
- China (35.7 tons)
- Netherlands (3.6 tons)
- Spain (3.4 tons)
- Romania (3.0 tons)
- Germany (2.1 tons)
- Hong Kong SAR (1.5 tons)
- Turkey (1.4 tons)
- Austria (0.8 tons)
- United States (0.4 tons)
Metal Furniture Lock Exports in Israel
In 2022, shipments abroad of base metal furniture locks decreased by -92.2% to 24 kg, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 275% against the previous year. As a result, the exports reached the peak of 4.3 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, metal furniture lock exports declined markedly to $1K in 2022. In general, exports showed a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 432%. As a result, the exports attained the peak of $433K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Metal Furniture Lock in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 1.0 | 0% |
| Nigeria | N/A | 13.5 | 2.8 | N/A | -79.3% |
| Palestine | 6.9 | 5.1 | 0.1 | N/A | -88.0% |
| Croatia | 11.0 | 48.9 | 5.6 | N/A | -28.6% |
| Ukraine | 5.2 | 5.5 | 0.5 | N/A | -69.0% |
| Ghana | 11.3 | N/A | N/A | N/A | 0% |
| Others | 47.0 | 360 | 20.1 | N/A | -34.6% |
| Total | 81.4 | 433 | 29.0 | 1.0 | -76.9% |
Top Export Markets for Metal Furniture Lock from Israel in 2022:
- Belgium (24.0 kg)
This report provides an in-depth analysis of the metal furniture lock market in Israel. 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:
- Israel
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Israel
- 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.
-
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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