Venezuela - Base Metal Furniture Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Furniture Lock Price in Venezuela - 2022
Contents:
- Metal Furniture Lock Price in Venezuela (CIF) - 2022
- Metal Furniture Lock Price in Venezuela (FOB) - 2022
- Metal Furniture Lock Imports in Venezuela
- Metal Furniture Lock Exports in Venezuela
Metal Furniture Lock Price in Venezuela (CIF) - 2022
The average metal furniture lock import price stood at $5,772 per ton in 2022, waning by -5.6% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.0% 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 import price decreased by -27.8% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58% against the previous year. Over the period under review, average import prices hit record highs at $7,999 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($75,465 per ton), while the price for China ($4,060 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Furniture Lock Price in Venezuela (FOB) - 2022
The average metal furniture lock export price stood at $11,089 per ton in 2022, surging by 1.6% against the previous year. Over the period under review, the export price, however, showed a perceptible reduction. The pace of growth was the most pronounced in 2018 an increase of 18% against the previous year. Over the period under review, the average export prices hit record highs at $17,014 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($59,500 per ton), while the average price for exports to Colombia ($7,934 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 Peru (-5.3%), while the prices for the other major destinations experienced a decline.
Metal Furniture Lock Imports in Venezuela
Metal furniture lock imports into Venezuela surged to 40 tons in 2022, rising by 23% compared with the previous year. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 305%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, metal furniture lock imports surged to $233K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 290% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Metal Furniture Lock in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 28.7 | 104 | 123 | 146 | 72.0% |
Taiwan (Chinese) | 5.6 | 32.9 | 34.6 | 41.5 | 95.0% |
Panama | 4.7 | 15.2 | 18.5 | 19.6 | 61.0% |
Colombia | 2.1 | 4.9 | 5.8 | 8.8 | 61.2% |
Chile | 0.4 | 2.3 | 2.5 | 3.0 | 95.7% |
Others | 4.2 | 18.8 | 15.5 | 14.1 | 49.7% |
Total | 45.8 | 179 | 200 | 233 | 72.0% |
Top Suppliers of Metal Furniture Lock to Venezuela in 2022:
- China (36.0 tons)
- Colombia (1.2 tons)
- Panama (0.7 tons)
- Chile (0.7 tons)
- Taiwan (Chinese) (0.5 tons)
Metal Furniture Lock Exports in Venezuela
In 2022, approx. 112 kg of base metal furniture locks were exported from Venezuela; with a decrease of -22.8% on 2021. In general, exports showed a abrupt setback. The smallest decline of -12.6% was in 2020.
In value terms, metal furniture lock exports reduced notably to $1.2K in 2022. Over the period under review, exports showed a deep reduction. The smallest decline of -11.4% was in 2020.
Export of Metal Furniture Lock in Venezuela (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 900 | 832 | 775 | 484 | -18.7% |
Peru | 964 | 830 | 721 | 440 | -23.0% |
Jamaica | N/A | N/A | N/A | 238 | 0% |
Nicaragua | 150 | 123 | 86.0 | 80.0 | -18.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2,014 | 1,785 | 1,582 | 1,242 | -14.9% |
Top Export Markets for Metal Furniture Lock from Venezuela in 2022:
- Colombia (61.0 kg)
- Peru (39.0 kg)
- Nicaragua (8.0 kg)
- Jamaica (4.0 kg)
This report provides an in-depth analysis of the metal furniture lock market in Venezuela. 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:
- Venezuela
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Venezuela
- 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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