Turkey - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Vehicle Lock Price in Turkey - 2023
Contents:
- Metal Vehicle Lock Price in Turkey (CIF) - 2023
- Metal Vehicle Lock Price in Turkey (FOB) - 2023
- Metal Vehicle Lock Imports in Turkey
- Metal Vehicle Lock Exports in Turkey
Metal Vehicle Lock Price in Turkey (CIF) - 2023
In July 2023, the average metal vehicle lock import price amounted to $17,029 per ton, shrinking by -5.8% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 57% against the previous month. The import price peaked at $31,437 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($28,636 per ton), while the price for China ($8,637 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Vehicle Lock Price in Turkey (FOB) - 2023
The average metal vehicle lock export price stood at $14,930 per ton in July 2023, picking up by 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in October 2022 an increase of 12% against the previous month. The export price peaked in July 2023.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Morocco ($22,806 per ton), while the average price for exports to Iran ($7,048 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Vehicle Lock Imports in Turkey
In 2022, approx. 5.2K tons of base metal motor vehicle locks were imported into Turkey; surging by 6.5% compared with 2021 figures. Over the period under review, imports, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 8.6% against the previous year.
In value terms, metal vehicle lock imports totaled $95M in 2022. In general, imports, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 6% against the previous year.
| Import of Metal Vehicle Lock in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 37.4 | 31.5 | 32.5 | 31.4 | -5.7% |
| Italy | 12.4 | 11.8 | 11.5 | 12.6 | 0.5% |
| China | 3.4 | 3.7 | 5.9 | 8.2 | 34.1% |
| India | 6.4 | 5.9 | 7.6 | 7.2 | 4.0% |
| South Korea | 10.7 | 8.2 | 6.5 | 6.7 | -14.4% |
| Vietnam | N/A | 2.3 | 4.7 | 4.9 | 46.0% |
| Japan | 4.8 | 4.7 | 4.8 | 4.5 | -2.1% |
| Germany | 3.9 | 3.8 | 3.9 | 4.1 | 1.7% |
| Poland | 4.9 | 4.1 | 3.5 | 4.1 | -5.8% |
| Romania | 1.7 | 2.3 | 1.6 | 2.2 | 9.0% |
| Mexico | 1.6 | 1.7 | 1.5 | 1.2 | -9.1% |
| Bulgaria | 9.2 | 0.9 | 1.0 | 1.1 | -50.7% |
| Others | 6.9 | 7.1 | 8.1 | 6.5 | -2.0% |
| Total | 103 | 87.9 | 93.2 | 94.7 | -2.8% |
Top Suppliers of Metal Vehicle Lock to Turkey in 2022:
- Czech Republic (1786.0 tons)
- China (701.9 tons)
- Italy (694.2 tons)
- India (393.6 tons)
- Vietnam (347.8 tons)
- South Korea (295.3 tons)
- Germany (249.6 tons)
- Japan (175.4 tons)
- Poland (122.6 tons)
- Romania (95.6 tons)
- Mexico (90.2 tons)
- Bulgaria (88.3 tons)
Metal Vehicle Lock Exports in Turkey
In 2022, the amount of base metal motor vehicle locks exported from Turkey expanded slightly to 3K tons, growing by 3.4% on the previous year's figure. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, metal vehicle lock exports rose sharply to $36M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Metal Vehicle Lock in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.2 | 4.6 | 6.8 | 8.3 | 4.9% |
| United States | 2.1 | 6.0 | 4.8 | 5.4 | 37.0% |
| Spain | 2.7 | 3.6 | 4.4 | 4.0 | 14.0% |
| Czech Republic | 2.8 | 2.2 | 2.2 | 2.5 | -3.7% |
| United Kingdom | 1.4 | 1.3 | 1.7 | 1.6 | 4.6% |
| Germany | 1.7 | 1.1 | 1.5 | 1.5 | -4.1% |
| Romania | 2.7 | 1.6 | 1.5 | 1.3 | -21.6% |
| Morocco | 2.1 | 1.5 | 1.6 | 1.2 | -17.0% |
| Poland | 0.3 | 0.3 | 1.0 | 1.1 | 54.2% |
| Ukraine | 0.1 | 0.3 | 0.4 | 0.9 | 108.0% |
| Italy | 0.8 | 0.7 | 1.0 | 0.8 | 0.0% |
| Russia | 0.7 | 1.1 | 1.6 | 0.8 | 4.6% |
| Brazil | 1.7 | 0.9 | 0.8 | 0.7 | -25.6% |
| Others | 5.5 | 3.8 | 5.1 | 6.0 | 2.9% |
| Total | 31.6 | 29.0 | 34.3 | 36.2 | 4.6% |
Top Export Markets for Metal Vehicle Lock from Turkey in 2022:
- France (650.9 tons)
- Spain (431.4 tons)
- United States (417.6 tons)
- Czech Republic (170.6 tons)
- Germany (140.1 tons)
- Romania (127.9 tons)
- Poland (108.8 tons)
- Morocco (102.9 tons)
- Ukraine (90.0 tons)
- United Kingdom (84.5 tons)
- Italy (66.4 tons)
- Brazil (64.4 tons)
- Russia (63.3 tons)
This report provides an in-depth analysis of the metal vehicle lock market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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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