New Zealand - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

New Zealand - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights

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Metal Furniture Lock Price in New Zealand - 2023

Contents:

  1. Metal Furniture Lock Price in New Zealand (CIF) - 2022
  2. Metal Furniture Lock Price in New Zealand (FOB) - 2022
  3. Metal Furniture Lock Imports in New Zealand
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China2862533523224.0%
Taiwan (Chinese)14.924.753.673.169.9%
Germany44.731.952.447.92.3%
Thailand52.413.528.546.2-4.1%
Finland51.625.046.844.3-5.0%
TurkeyN/A0.2N/A34.41211.5%
Australia66.648.565.834.0-20.1%
South Korea19.314.69.113.4-11.5%
NetherlandsN/A39.71.5N/A-96.2%
Others24.942.516.638.215.3%
Total5614936266535.2%

Top Suppliers of Metal Furniture Lock to New Zealand in 2022:

  1. China (12.9 tons)
  2. Taiwan (Chinese) (2.9 tons)
  3. Germany (1.9 tons)
  4. Finland (1.8 tons)
  5. Thailand (1.8 tons)
  6. Turkey (1.4 tons)
  7. Australia (1.4 tons)
  8. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Fiji3.4N/A0.121.685.2%
PolandN/AN/AN/A20.30%
Cook Islands0.22.60.520.2365.7%
Australia8.21.03.35.9-10.4%
GermanyN/AN/A2.33.343.5%
Taiwan (Chinese)N/AN/AN/A3.20%
China8.1N/AN/AN/A0%
Brunei DarussalamN/A29.0N/AN/A0%
Others2.5N/A0.10.8-31.6%
Total22.332.76.275.450.1%

Top Export Markets for Metal Furniture Lock from New Zealand in 2022:

  1. Fiji (514.0 kg)
  2. Poland (482.0 kg)
  3. Cook Islands (480.0 kg)
  4. Australia (141.0 kg)
  5. Germany (79.0 kg)
  6. Taiwan (Chinese) (77.0 kg)

Source: IndexBox Market Intelligence Platform

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Base Metal Furniture Locks - New Zealand