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

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

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Metal Vehicle Lock Price in Norway - 2023

Contents:

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

Metal Vehicle Lock Price in Norway (CIF) - 2023

In August 2023, the average metal vehicle lock import price amounted to $38,812 per ton, with an increase of 22% against the previous month. Over the period under review, the import price, however, continues to indicate a mild reduction. The growth pace was the most rapid in April 2023 when the average import price increased by 59% against the previous month. Over the period under review, average import prices hit record highs at $56,486 per ton in October 2022; however, from November 2022 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($86,836 per ton), while the price for Canada ($16,673 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Vehicle Lock Price in Norway (FOB) - 2022

In 2022, the average metal vehicle lock export price amounted to $26,776 per ton, which is down by -10.4% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 68%. The export price peaked at $140,086 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($82,185 per ton), while the average price for exports to Germany ($6,921 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 Sweden (-5.0%), while the prices for the other major destinations experienced a decline.

Metal Vehicle Lock Imports in Norway

In 2022, the amount of base metal motor vehicle locks imported into Norway reduced sharply to 60 tons, which is down by -22.8% against the previous year. Over the period under review, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of 78 tons, and then declined significantly in the following year.

In value terms, metal vehicle lock imports contracted to $2.5M in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $2.8M, and then shrank in the following year.

Import of Metal Vehicle Lock in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5545137216746.8%
Czech Republic666653907595-3.7%
China11915433622623.8%
Italy1701441292127.6%
United States1191731051559.2%
France16013892.675.5-22.1%
Japan24860.847.462.5-36.8%
Denmark22.824.069.962.039.6%
Taiwan (Chinese)48.248.861.154.13.9%
United Kingdom52.330.244.838.2-9.9%
Sweden42.721.354.935.6-5.9%
Others2351882512704.7%
Total2,4372,1482,8202,4600.3%

Top Suppliers of Metal Vehicle Lock to Norway in 2022:

  1. China (14.5 tons)
  2. Czech Republic (13.0 tons)
  3. Germany (12.3 tons)
  4. France (3.9 tons)
  5. United States (2.7 tons)
  6. Taiwan (Chinese) (2.6 tons)
  7. Italy (1.4 tons)
  8. Denmark (1.4 tons)
  9. Japan (1.1 tons)
  10. United Kingdom (1.1 tons)
  11. Sweden (0.8 tons)

Metal Vehicle Lock Exports in Norway

In 2022, metal vehicle lock exports from Norway rose remarkably to 2.7 tons, with an increase of 14% against the year before. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, metal vehicle lock exports amounted to $72K in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 82% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Metal Vehicle Lock in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden5.29.814.938.094.1%
Germany12.310.423.111.3-2.8%
ChinaN/AN/AN/A8.30%
Belgium9.57.89.45.9-14.7%
Netherlands0.5N/A0.32.468.7%
Denmark0.70.56.91.631.7%
United States2.33.7N/A0.4-44.2%
AustriaN/A1.8N/AN/A0%
Poland3.4N/AN/AN/A0%
Others1.34.415.43.944.2%
Total35.138.470.071.826.9%

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

  1. Germany (1630.0 kg)
  2. Sweden (572.0 kg)
  3. China (149.0 kg)
  4. Netherlands (111.0 kg)
  5. Belgium (72.0 kg)
  6. Denmark (55.0 kg)
  7. United States (14.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal vehicle lock market in Norway. 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:

  • Norway

Data coverage:

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