Indonesia - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Furniture Lock Price in Indonesia - 2022
Contents:
- Metal Furniture Lock Price in Indonesia (CIF) - 2022
- Metal Furniture Lock Price in Indonesia (FOB) - 2022
- Metal Furniture Lock Imports in Indonesia
- Metal Furniture Lock Exports in Indonesia
Metal Furniture Lock Price in Indonesia (CIF) - 2022
In March 2022, the average metal furniture lock import price amounted to $4,137 per ton, surging by 15% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 34% month-to-month. Over the period under review, average import prices hit record highs in March 2022.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Thailand ($7,223 per ton), while the price for China totaled $3,353 per ton.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%).
Metal Furniture Lock Price in Indonesia (FOB) - 2022
The average metal furniture lock export price stood at $1,676 per ton in 2022, growing by 22% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal furniture lock export price increased by +80.7% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73%. Over the period under review, the average export prices reached the maximum at $1,891 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +18.0% per year.
Metal Furniture Lock Imports in Indonesia
Metal furniture lock imports into Indonesia dropped slightly to 3.6K tons in 2022, waning by -1.8% on the previous year's figure. In general, imports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2%.
In value terms, metal furniture lock imports rose slightly to $12M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 12% 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 Indonesia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | N/A | 12.4 | 0% |
Thailand | 1.1 | 1.6 | 1.5 | N/A | 16.8% |
China | 10.0 | 8.6 | 9.9 | N/A | -0.5% |
Others | 0.7 | 0.5 | 0.5 | N/A | -15.5% |
Total | 11.8 | 10.7 | 11.9 | 12.4 | 1.7% |
Top Suppliers of Metal Furniture Lock to Indonesia in 2022:
- United Arab Emirates (3.6K tons)
Metal Furniture Lock Exports in Indonesia
In 2022, approx. 8.6 tons of base metal furniture locks were exported from Indonesia; shrinking by -36.5% compared with the year before. In general, exports showed a sharp curtailment. The smallest decline of -22.7% was in 2021.
In value terms, metal furniture lock exports shrank rapidly to $14K in 2022. Overall, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 8.7% against the previous year.
Export of Metal Furniture Lock in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 13.5 | 7.2 | 7.5 | 14.3 | 1.9% |
Timor-Leste | 7.2 | 7.2 | 3.8 | N/A | -27.4% |
Netherlands | 20.6 | N/A | 0.3 | N/A | -87.9% |
Others | 8.0 | 2.7 | 7.0 | N/A | -6.5% |
Total | 49.2 | 17.1 | 18.6 | 14.3 | -33.8% |
Top Export Markets for Metal Furniture Lock from Indonesia in 2022:
- United Arab Emirates (8.6 tons)
This report provides an in-depth analysis of the metal furniture lock market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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
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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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