Romania - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Metal Vehicle Lock Price in Romania - 2023

Contents:

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

Metal Vehicle Lock Price in Romania (FOB) - 2023

The average metal vehicle lock export price stood at $21,266 per ton in June 2023, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in April 2023 when the average export price increased by 8.9% m-o-m. The export price peaked at $21,443 per ton in May 2023, and then contracted modestly in the following month.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Germany ($24,235 per ton), while the average price for exports to Morocco ($16,097 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Vehicle Lock Price in Romania (CIF) - 2023

In June 2023, the average metal vehicle lock import price amounted to $20,873 per ton, rising by 2.2% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in November 2022 an increase of 12% against the previous month. Over the period under review, average import prices reached the peak figure in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($53,484 per ton), while the price for Turkey ($13,004 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 Hungary (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Vehicle Lock Exports in Romania

Metal vehicle lock exports from Romania totaled 8.6K tons in 2022, surging by 2.9% against the year before. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 13%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, metal vehicle lock exports shrank slightly to $166M in 2022. The total export value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 19%. As a result, the exports attained the peak of $170M, and then dropped modestly in the following year.

Export of Metal Vehicle Lock in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany58.851.154.759.80.6%
Spain11.927.941.741.351.4%
France5.217.630.028.275.7%
Slovakia9.612.216.116.018.6%
Morocco16.411.712.08.1-21.0%
United KingdomN/A0.82.32.990.4%
Russia7.36.05.81.3-43.7%
Czech Republic4.54.01.60.8-43.8%
Others9.211.46.17.1-8.3%
Total12314317016610.5%

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

  1. Germany (3196.3 tons)
  2. Spain (1961.6 tons)
  3. France (1536.8 tons)
  4. Slovakia (821.8 tons)
  5. Morocco (513.6 tons)
  6. United Kingdom (129.4 tons)
  7. Russia (55.0 tons)
  8. Czech Republic (11.4 tons)

Metal Vehicle Lock Imports in Romania

In 2022, the amount of base metal motor vehicle locks imported into Romania fell to 2K tons, which is down by -9.4% against the year before. Overall, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year.

In value terms, metal vehicle lock imports fell to $36M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of $38M, and then fell in the following year.

Import of Metal Vehicle Lock in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia13.89.012.214.21.0%
Germany4.23.54.04.52.3%
France2.03.65.33.318.2%
Czech Republic6.03.85.43.1-19.8%
Poland0.40.61.52.276.5%
Hungary1.31.02.92.219.2%
Turkey2.41.11.01.2-20.6%
South Korea1.40.90.90.6-24.6%
Others3.35.25.14.914.1%
Total34.828.738.336.21.3%

Top Suppliers of Metal Vehicle Lock to Romania in 2022:

  1. Slovakia (1071.0 tons)
  2. Czech Republic (229.1 tons)
  3. Germany (128.8 tons)
  4. Turkey (115.5 tons)
  5. Poland (112.4 tons)
  6. France (73.0 tons)
  7. Hungary (67.7 tons)
  8. South Korea (30.7 tons)

Source: IndexBox Market Intelligence Platform

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

  • Romania

Data coverage:

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