Brazil: Metal Vehicle Lock Market 2025

Metal Vehicle Lock Market Size in Brazil

After three years of decline, the Brazilian metal vehicle lock market increased by 11% to $X in 2021. Over the period under review, consumption, however, continues to indicate a drastic downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Metal Vehicle Lock Production in Brazil

In value terms, metal vehicle lock production reached $X in 2021 estimated in export price. In general, production, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 16% against the previous year. Metal vehicle lock production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Metal Vehicle Lock Exports

Exports from Brazil

In 2021, overseas shipments of base metal motor vehicle locks were finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, saw a abrupt shrinkage. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, metal vehicle lock exports skyrocketed to $X in 2021. Overall, exports, however, recorded a deep setback. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Argentina (X tons) was the main destination for metal vehicle lock exports from Brazil, with a 86% share of total exports. Moreover, metal vehicle lock exports to Argentina exceeded the volume sent to the second major destination, Uzbekistan (X tons), more than tenfold. France (X tons) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume to Argentina stood at -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+187.0% per year) and France (+44.8% per year).

In value terms, Argentina ($X) remains the key foreign market for base metal motor vehicle locks exports from Brazil, comprising 72% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with an 11% share of total exports. It was followed by France, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value to Argentina stood at -9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (+199.6% per year) and France (+49.3% per year).

Export Prices by Country

In 2021, the average metal vehicle lock export price amounted to $X per ton, shrinking by -14.5% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 13% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Argentina ($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 Uzbekistan (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Vehicle Lock Imports

Imports into Brazil

In 2021, after two years of decline, there was significant growth in supplies from abroad of base metal motor vehicle locks, when their volume increased by 16% to X tons. In general, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -30.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 35%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, metal vehicle lock imports surged to $X in 2021. Over the period under review, total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -28.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 39% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Mexico (X tons), China (X tons) and South Korea (X tons) were the main suppliers of metal vehicle lock imports to Brazil, with a combined 59% share of total imports. These countries were followed by Italy, the United States, Thailand, India, Romania, the Czech Republic, France, Germany, Vietnam and Japan, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +52.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), South Korea ($X) and China ($X) appeared to be the largest metal vehicle lock suppliers to Brazil, with a combined 49% share of total imports. These countries were followed by Thailand, the United States, Italy, India, the Czech Republic, Vietnam, France, Germany, Romania and Japan, which together accounted for a further 46%.

In terms of the main suppliers, Vietnam, with a CAGR of +69.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal vehicle lock import price stood at $X per ton in 2021, rising by 4.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 8.6% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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