Report Update Nov 1, 2024

Algeria - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Metal Vehicle Lock Market 2024

Metal Vehicle Lock Market Size in Algeria

The Algerian metal vehicle lock market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption recorded measured growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Metal Vehicle Lock Exports

Exports from Algeria

In 2021, exports of base metal motor vehicle locks from Algeria soared to X tons, increasing by 19% against the previous year's figure. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 228%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, metal vehicle lock exports rose notably to $X in 2021. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of 147%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Romania (X tons) was the main destination for metal vehicle lock exports from Algeria, with a 100% share of total exports. It was followed by France (X kg), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Romania was relatively modest.

In value terms, Romania ($X) emerged as the key foreign market for base metal motor vehicle locks exports from Algeria, comprising 100% of total exports. The second position in the ranking was taken by Turkey ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Romania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-43.9% per year) and France (-39.5% per year).

Export Prices by Country

In 2021, the average metal vehicle lock export price amounted to $X per ton, with a decrease of -6.8% against the previous year. In general, the export price, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2014 an increase of 480%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Turkey ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1,730.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Vehicle Lock Imports

Imports into Algeria

After two years of decline, overseas purchases of base metal motor vehicle locks increased by 43% to X tons in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 255%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, metal vehicle lock imports skyrocketed to $X in 2021. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 260% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal vehicle lock to Algeria, accounting for a 67% share of total imports. Moreover, metal vehicle lock imports from China exceeded the figures recorded by the second-largest supplier, Romania (X tons), fivefold. The third position in this ranking was held by Turkey (X tons), with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+57.5% per year) and Turkey (+23.5% per year).

In value terms, China ($X) constituted the largest supplier of base metal motor vehicle locks to Algeria, comprising 55% of total imports. The second position in the ranking was taken by Romania ($X), with a 19% share of total imports. It was followed by Turkey, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+48.9% per year) and Turkey (+22.2% per year).

Import Prices by Country

The average metal vehicle lock import price stood at $X per ton in 2021, growing by 8.8% against the previous year. Over the last nine years, it increased at an average annual rate of +6.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal motor vehicle locks in the world?

The country with the largest volume of metal vehicle lock consumption was China, comprising approx. 27% of total volume. Moreover, metal vehicle lock consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 11% share.

What are the largest producers of base metal motor vehicle locks in the world?

The country with the largest volume of metal vehicle lock production was China, comprising approx. 33% of total volume. Moreover, metal vehicle lock production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Mexico, with an 8.6% share.

What are the leading suppliers of base metal motor vehicle locks to Algeria?

In value terms, China constituted the largest supplier of metal vehicle lock to Algeria, comprising 55% of total imports. The second position in the ranking was occupied by South Korea, with a 6.8% share of total imports.

What are the leading importers of base metal motor vehicle locks from Algeria?

In value terms, Turkey $130) remains the key foreign market for metal vehicle lock exports from Algeria.

What is the average export price for base metal motor vehicle locks in Algeria?

The average metal vehicle lock export price stood at $69,000 per ton in 2020, jumping by 72% against the previous year.

What is the average import price for base metal motor vehicle locks in Algeria?

The average metal vehicle lock import price stood at $9,588 per ton in 2020, declining by -23.2% against the previous year.

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

Algeria

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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