Slovakia - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Furniture Lock Price in Slovakia - 2023
Contents:
- Metal Furniture Lock Price in Slovakia (CIF) - 2023
- Metal Furniture Lock Price in Slovakia (FOB) - 2022
- Metal Furniture Lock Imports in Slovakia
- Metal Furniture Lock Exports in Slovakia
Metal Furniture Lock Price in Slovakia (CIF) - 2023
The average metal furniture lock import price stood at $24,481 per ton in July 2023, increasing by 39% against the previous month. Overall, import price indicated a pronounced expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, metal furniture lock import price decreased by -30.7% against May 2023 indices. The pace of growth appeared the most rapid in May 2023 an increase of 80% m-o-m. As a result, import price attained the peak level of $35,306 per ton. From June 2023 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Sweden ($35,569 per ton), while the price for Poland ($6,496 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Furniture Lock Price in Slovakia (FOB) - 2022
The average metal furniture lock export price stood at $31,954 per ton in 2022, shrinking by -6.2% against the previous year. Over the period under review, the export price recorded a noticeable slump. The pace of growth appeared the most rapid in 2017 an increase of 39%. The export price peaked at $43,068 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($53,213 per ton), while the average price for exports to the Czech Republic ($12,952 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 Poland (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Furniture Lock Imports in Slovakia
In 2022, approx. 70 tons of base metal furniture locks were imported into Slovakia; dropping by -18.7% against 2021 figures. Over the period under review, imports recorded a dramatic decrease. The smallest decline of -2.3% was in 2021.
In value terms, metal furniture lock imports contracted dramatically to $1.7M in 2022. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year.
| Import of Metal Furniture Lock in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 925 | 601 | 1,006 | 950 | 0.9% |
| China | 80.6 | 88.3 | 91.6 | 190 | 33.1% |
| Sweden | 284 | 184 | 185 | 170 | -15.7% |
| Czech Republic | 410 | 285 | 294 | 130 | -31.8% |
| Austria | 91.3 | 81.8 | 118 | 91.8 | 0.2% |
| Turkey | 28.4 | 34.7 | 45.7 | 33.9 | 6.1% |
| Poland | 253 | 135 | 183 | 3.9 | -75.1% |
| Others | 472 | 125 | 108 | 136 | -34.0% |
| Total | 2,545 | 1,536 | 2,030 | 1,707 | -12.5% |
Top Suppliers of Metal Furniture Lock to Slovakia in 2022:
- Germany (30.9 tons)
- China (10.9 tons)
- Sweden (9.0 tons)
- Austria (8.1 tons)
- Czech Republic (3.4 tons)
- Turkey (1.3 tons)
- Poland (0.4 tons)
Metal Furniture Lock Exports in Slovakia
In 2022, approx. 24 tons of base metal furniture locks were exported from Slovakia; picking up by 46% compared with 2021 figures. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal furniture lock exports skyrocketed to $779K in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 59%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Metal Furniture Lock in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 288 | 252 | 479 | 611 | 28.5% |
| Czech Republic | 22.5 | 57.8 | 34.6 | 37.9 | 19.0% |
| Germany | 13.7 | 12.3 | 24.6 | 31.7 | 32.3% |
| Austria | 22.7 | 1.5 | 1.0 | 14.7 | -13.5% |
| Others | 36.0 | 36.0 | 31.0 | 83.8 | 32.5% |
| Total | 383 | 360 | 570 | 779 | 26.7% |
Top Export Markets for Metal Furniture Lock from Slovakia in 2022:
- Poland (19.3 tons)
- Czech Republic (2.9 tons)
- Germany (0.6 tons)
- Austria (0.3 tons)
This report provides an in-depth analysis of the metal furniture lock market in Slovakia. 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:
- Slovakia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovakia
- 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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