Germany leads European lock and hinge exports with 592.99 million kilograms traded in 2023. Austria follows closely with 457.73 million kilograms, experiencing a notable 4.39% increase. Italy, Poland, and Slovakia also registered positive year-on-year growth rates of 2.94%, 2.08%, and 3.51% respectively. Noteworthy is Spain, with a 6.49% growth, indicating increasing competitiveness. Malta showed the most substantial growth at 83.7%, albeit from a smaller base, while Luxembourg and Cyprus saw declines at -4.14% and -4.28%, respectively.
Future trends may include a continued upward trajectory for countries like the Netherlands and Romania, given their recent growth spurts. The technological advancement in lock and hinge manufacturing and increasing demand from construction sectors in emerging European markets could further boost exports. Observing Sweden and the UK, moderate compliance with sustainability standards may drive growth. Additionally, geopolitical changes could alter trading dynamics and influence export patterns.
Top countries in Export of Locks and Hinges by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 592,990,000 | 2023 | +2.52% | +1.36% | View data |
| 2 | 2 Austria | 457,730,000 | 2023 | +1.85% | +4.39% | View data |
| 3 | 3 Italy | 226,910,000 | 2023 | +1.83% | +2.94% | View data |
| 4 | 4 Poland | 198,810,000 | 2023 | +3.26% | +2.08% | View data |
| 5 | 5 Slovakia | 125,390,000 | 2023 | +2.96% | +3.51% | View data |
| 6 | 6 Czechia | 117,160,000 | 2023 | |||
| 7 | 7 Spain | 103,650,000 | 2023 | +2.23% | +6.49% | View data |
| 8 | 8 Netherlands | 58,281,000 | 2023 | +1.23% | +7.57% | View data |
| 9 | 9 France | 52,070,000 | 2023 | +0.96% | +1.9% | View data |
| 10 | 10 Belgium | 50,801,000 | 2023 | +1.96% | +15.44% | View data |
