U.S. - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

U.S. - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends And Insights

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Metal Vehicle Lock Prices in the United States

U.S. Metal Vehicle Lock Import Price per Ton in August 2022

In August 2022, the metal vehicle lock price per ton stood at $13.3K (CIF, US), stabilizing at the previous month. In general, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in March 2022 an increase of 188% m-o-m. Over the period under review, average import prices hit record highs at $14.3K per ton in January 2022; however, from February 2022 to August 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In August 2022, the countries with the highest prices were the Czech Republic ($16.1K per ton) and South Korea ($14.1K per ton), while the price for China ($12.0K per ton) and Japan ($12.2K per ton) were amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Mexico (-0.2%), while the prices for the other major suppliers experienced a decline.

U.S. Metal Vehicle Lock Imports

After three months of decline, supplies from abroad of base metal motor vehicle locks increased by 36% to 5.3K tons in August 2022. Over the period under review, imports saw buoyant growth. The pace of growth was the most pronounced in February 2022 with an increase of 226% month-to-month. As a result, imports reached the peak of 12K tons. From March 2022 to August 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal vehicle lock imports surged to $70M (IndexBox estimates) in August 2022. The total import value increased at an average monthly rate of +4.0% over the period from January 2022 to August 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain months. As a result, imports reached the peak and are likely to continue growth in the immediate term.

U.S. Metal Vehicle Lock Imports by Country

In August 2022, Mexico (3K tons) constituted the largest supplier of metal vehicle lock to the United States, accounting for a 57% share of total imports. Moreover, metal vehicle lock imports from Mexico exceeded the figures recorded by the second-largest supplier, Canada (1.3K tons), twofold. The third position in this ranking was held by China (262 tons), with a 5% share.

From January 2022 to August 2022, the average monthly growth rate of volume from Mexico totaled +3.4%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+10.5% per month) and China (+8.9% per month).

In value terms, Mexico ($38M) constituted the largest supplier of metal vehicle lock to the United States, comprising 53% of total imports. The second position in the ranking was held by Canada ($17M), with a 25% share of total imports. It was followed by South Korea, with a 4.6% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of value from Mexico totaled +3.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Canada (+8.2% per month) and South Korea (-1.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal vehicle lock market in the U.S.. 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 States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    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 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024
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Free Data: Base Metal Motor Vehicle Locks - United States