Finland - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 26, 2024

Finland - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends And Insights

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Metal Vehicle Lock Price in Finland - 2023

Contents:

  1. Metal Vehicle Lock Price in Finland (CIF) - 2023
  2. Metal Vehicle Lock Price in Finland (FOB) - 2022
  3. Metal Vehicle Lock Imports in Finland
  4. Metal Vehicle Lock Exports in Finland

Metal Vehicle Lock Price in Finland (CIF) - 2023

The average metal vehicle lock import price stood at $28,484 per ton in June 2023, jumping by 40% against the previous month. Over the period under review, the import price saw a pronounced increase. The growth pace was the most rapid in October 2022 when the average import price increased by 90% m-o-m. Over the period under review, average import prices reached the peak figure at $49,859 per ton in February 2023; however, from March 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Poland ($76,162 per ton), while the price for China ($4,825 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Poland (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Vehicle Lock Price in Finland (FOB) - 2022

In 2022, the average metal vehicle lock export price amounted to $26,376 per ton, with an increase of 4.4% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2016 an increase of 37%. Over the period under review, the average export prices attained the peak figure at $62,773 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($160,431 per ton), while the average price for exports to the UK ($7,338 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 Lithuania (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Vehicle Lock Imports in Finland

Metal vehicle lock imports into Finland dropped sharply to 173 tons in 2022, shrinking by -20.4% compared with the year before. Over the period under review, imports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of 218 tons, and then dropped markedly in the following year.

In value terms, metal vehicle lock imports dropped to $4.4M in 2022. In general, imports faced a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 20%.

Import of Metal Vehicle Lock in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,8831,8561,9691,785-22.8%
Sweden89.29441,176885114.9%
Bulgaria1.5N/A491260457.6%
China248126140168-12.2%
Poland14.015.8157167128.5%
Turkey1481502511643.5%
Italy17499.5184156-3.6%
Czech Republic1,001641177142-47.8%
Netherlands1101121121377.6%
France10287.71371318.7%
United Kingdom70.540.540.391.49.0%
Denmark45.262.670.876.018.9%
Others276150234260-2.0%
Total6,1634,2865,1404,422-10.5%

Top Suppliers of Metal Vehicle Lock to Finland in 2022:

  1. Germany (89.9 tons)
  2. China (15.9 tons)
  3. Bulgaria (13.6 tons)
  4. Sweden (11.7 tons)
  5. Italy (6.8 tons)
  6. Turkey (5.6 tons)
  7. Czech Republic (5.0 tons)
  8. Netherlands (4.2 tons)
  9. United Kingdom (4.2 tons)
  10. Denmark (4.0 tons)
  11. France (3.8 tons)
  12. Poland (3.1 tons)

Metal Vehicle Lock Exports in Finland

In 2022, exports of base metal motor vehicle locks from Finland reduced markedly to 18 tons, with a decrease of -32.2% compared with 2021. Overall, exports, however, continue to indicate a temperate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 134% against the previous year. As a result, the exports reached the peak of 26 tons, and then declined dramatically in the following year.

In value terms, metal vehicle lock exports fell dramatically to $469K in 2022. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year.

Export of Metal Vehicle Lock in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia85.575.01121057.1%
Italy21820411292.4-24.9%
United Kingdom2.62.510860.9186.1%
Russia23417917150.8-39.9%
Lithuania17.716.119.327.716.1%
Latvia13.711.917.527.325.8%
Norway13.411.421.717.18.5%
Germany23.212.714.616.6-10.6%
Sweden76.017.89.39.8-49.5%
Others36.533.277.261.118.7%
Total721564663469-13.4%

Top Export Markets for Metal Vehicle Lock from Finland in 2022:

  1. United Kingdom (8.3 tons)
  2. Estonia (4.1 tons)
  3. Russia (1.2 tons)
  4. Sweden (0.7 tons)
  5. Italy (0.6 tons)
  6. Norway (0.5 tons)
  7. Latvia (0.4 tons)
  8. Germany (0.4 tons)
  9. Lithuania (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal vehicle lock market in Finland. 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 25721150 - Base metal motor vehicle locks

Country coverage:

  • Finland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Finland
  • 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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