United Kingdom - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Vehicle Lock Price in the UK - 2023
Contents:
- Metal Vehicle Lock Price in the UK (CIF) - 2023
- Metal Vehicle Lock Price in the UK (FOB) - 2023
- Metal Vehicle Lock Imports in the UK
- Metal Vehicle Lock Exports in the UK
Metal Vehicle Lock Price in the UK (CIF) - 2023
The average metal vehicle lock import price stood at $9,633 per ton in May 2023, picking up by 25% against the previous month. Over the period under review, the import price, however, showed a pronounced descent. Over the period under review, average import prices hit record highs at $17,274 per ton in December 2022; however, from January 2023 to May 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Japan ($27,630 per ton), while the price for Germany ($6,617 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Morocco (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Vehicle Lock Price in the UK (FOB) - 2023
The average metal vehicle lock export price stood at $27,021 per ton in May 2023, falling by -16.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in June 2022 an increase of 21% m-o-m. Over the period under review, the average export prices reached the maximum at $32,320 per ton in April 2023, and then reduced dramatically in the following month.
There were significant differences in the average prices for the major external markets. In May 2023, the country with the highest price was Italy ($64,421 per ton), while the average price for exports to Poland ($15,264 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Vehicle Lock Imports in the UK
In 2022, the amount of base metal motor vehicle locks imported into the UK amounted to 8K tons, with an increase of 7.6% compared with 2021 figures. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, metal vehicle lock imports amounted to $129M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 30%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Metal Vehicle Lock in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 16.0 | 14.0 | 21.0 | 40.7 | 36.5% |
| Germany | 26.1 | 26.4 | 26.6 | 19.3 | -9.6% |
| China | 15.4 | 12.9 | 18.4 | 14.6 | -1.8% |
| Portugal | 1.5 | 2.5 | 5.7 | 9.5 | 85.0% |
| India | 9.9 | 5.9 | 6.2 | 7.4 | -9.2% |
| Taiwan (Chinese) | 2.7 | 2.1 | 5.2 | 5.5 | 26.8% |
| France | 6.7 | 6.7 | 4.9 | 5.2 | -8.1% |
| Thailand | 5.0 | 3.4 | 5.1 | 5.2 | 1.3% |
| Morocco | N/A | N/A | 3.2 | 4.5 | 40.6% |
| Japan | 6.5 | 3.3 | 4.0 | 3.7 | -17.1% |
| Italy | 3.8 | 3.4 | 3.5 | 3.0 | -7.6% |
| Mexico | 3.6 | 3.0 | 4.2 | 2.3 | -13.9% |
| Others | 19.5 | 15.2 | 20.7 | 8.0 | -25.7% |
| Total | 117 | 98.9 | 129 | 129 | 3.3% |
Top Suppliers of Metal Vehicle Lock to the UK in 2022:
- Czech Republic (2503.8 tons)
- China (1829.6 tons)
- Germany (697.5 tons)
- Thailand (445.9 tons)
- Taiwan (Chinese) (439.6 tons)
- Morocco (412.8 tons)
- Portugal (365.4 tons)
- India (330.0 tons)
- Mexico (181.2 tons)
- Japan (164.6 tons)
- France (157.3 tons)
- Italy (80.7 tons)
Metal Vehicle Lock Exports in the UK
In 2022, approx. 705 tons of base metal motor vehicle locks were exported from the UK; reducing by -27.9% against 2021 figures. Overall, exports recorded a sharp downturn.
In value terms, metal vehicle lock exports fell to $18M in 2022. Over the period under review, exports continue to indicate a sharp decrease.
| Export of Metal Vehicle Lock in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 21.7 | 15.7 | 5.6 | 4.0 | -43.1% |
| Czech Republic | 0.6 | 0.3 | 0.3 | 1.9 | 46.8% |
| Germany | 2.3 | 1.5 | 1.6 | 1.8 | -7.8% |
| Italy | 0.3 | 0.7 | 1.1 | 1.6 | 74.7% |
| Ireland | 1.4 | 1.1 | 1.2 | 1.1 | -7.7% |
| China | 0.9 | 0.6 | 1.4 | 1.0 | 3.6% |
| Netherlands | 0.7 | 0.7 | 1.0 | 0.8 | 4.6% |
| United States | 1.1 | 0.7 | 0.8 | 0.8 | -10.1% |
| Belgium | 1.3 | 0.8 | 1.1 | 0.7 | -18.6% |
| Mexico | 0.8 | 0.7 | 1.0 | 0.4 | -20.6% |
| Poland | 0.8 | 0.5 | 0.3 | 0.3 | -27.9% |
| Sweden | 0.9 | 0.3 | 0.4 | 0.3 | -30.7% |
| Spain | 7.6 | 5.0 | 0.5 | 0.3 | -66.0% |
| Others | 4.8 | 3.5 | 3.9 | 3.0 | -14.5% |
| Total | 44.9 | 32.2 | 20.2 | 17.8 | -26.5% |
Top Export Markets for Metal Vehicle Lock from the UK in 2022:
- France (186.7 tons)
- Czech Republic (107.1 tons)
- Germany (63.3 tons)
- Netherlands (40.2 tons)
- Italy (37.0 tons)
- Ireland (30.0 tons)
- China (29.9 tons)
- Belgium (28.7 tons)
- Mexico (25.7 tons)
- Poland (24.3 tons)
- Sweden (18.1 tons)
- Spain (15.8 tons)
- United States (13.9 tons)
This report provides an in-depth analysis of the metal vehicle lock market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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