Argentina: Metal Vehicle Lock Market 2024

Metal Vehicle Lock Market Size in Argentina

In 2022, the Argentinian metal vehicle lock market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, continues to indicate a pronounced setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Metal Vehicle Lock Exports

Exports from Argentina

After two years of decline, overseas shipments of base metal motor vehicle locks increased by X% to X tons in 2022. Over the period under review, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, metal vehicle lock exports soared to $X in 2022. In general, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) was the main destination for metal vehicle lock exports from Argentina, accounting for a X% share of total exports. Moreover, metal vehicle lock exports to Brazil exceeded the volume sent to the second major destination, the United States (X kg), eightfold. Uruguay (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Brazil was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Uruguay (X% per year).

In value terms, Brazil ($X) remains the key foreign market for base metal motor vehicle locks exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Uruguay ($X), with an X% share of total exports. It was followed by Peru, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Brazil amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (X% per year) and Peru (X% per year).

Export Prices by Country

The average metal vehicle lock export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($X per ton), while the average price for exports to the United States ($X 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 Venezuela (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Vehicle Lock Imports

Imports into Argentina

In 2022, supplies from abroad of base metal motor vehicle locks increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a noticeable setback. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, metal vehicle lock imports soared to $X in 2022. Overall, imports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Mexico (X tons), Thailand (X tons) and Brazil (X tons) were the main suppliers of metal vehicle lock imports to Argentina, together comprising X% of total imports. France, the Czech Republic, Romania, China, Portugal, Slovakia and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal vehicle lock suppliers to Argentina were Thailand ($X), Mexico ($X) and Brazil ($X), together accounting for X% of total imports. France, the Czech Republic, China, Romania, Portugal, Slovakia and Germany lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average metal vehicle lock import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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