Czech Republic: Metal Vehicle Lock Market 2025

Metal Vehicle Lock Market Size in the Czech Republic

The Czech metal vehicle lock market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption enjoyed a resilient expansion. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Metal Vehicle Lock Production in the Czech Republic

In value terms, metal vehicle lock production reached $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 102%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Metal Vehicle Lock Exports

Exports from the Czech Republic

In 2021, overseas shipments of base metal motor vehicle locks decreased by -8.3% to X tons, falling for the sixth year in a row after four years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 7.1%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, metal vehicle lock exports amounted to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 8.1% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for metal vehicle lock exports from the Czech Republic, accounting for a 35% share of total exports. Moreover, metal vehicle lock exports to Germany exceeded the volume sent to the second major destination, the UK (X tons), fourfold. The third position in this ranking was held by Spain (X tons), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+3.3% per year) and Spain (+0.4% per year).

In value terms, Germany ($X) remains the key foreign market for base metal motor vehicle locks exports from the Czech Republic, comprising 36% of total exports. The second position in the ranking was held by the UK ($X), with a 9.9% share of total exports. It was followed by Hungary, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+3.6% per year) and Hungary (+50.1% per year).

Export Prices by Country

In 2021, the average metal vehicle lock export price amounted to $X per ton, with an increase of 13% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Hungary ($X per ton), while the average price for exports to Turkey ($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 France (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Vehicle Lock Imports

Imports into the Czech Republic

In 2021, supplies from abroad of base metal motor vehicle locks was finally on the rise to reach X tons after four years of decline. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -33.1% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of 50% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, metal vehicle lock imports soared to $X in 2021. In general, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 50% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), South Korea (X tons) and Italy (X tons) were the main suppliers of metal vehicle lock imports to the Czech Republic, together comprising 51% of total imports. Poland, India, Vietnam, Spain, Turkey, Mexico, China, Bulgaria and Japan lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +477.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal vehicle lock suppliers to the Czech Republic were Germany ($X), South Korea ($X) and Poland ($X), together accounting for 55% of total imports. These countries were followed by Italy, Spain, India, Vietnam, Turkey, China, Mexico, Bulgaria and Japan, which together accounted for a further 35%.

Among the main suppliers, Vietnam, with a CAGR of +482.8%, saw the highest growth rate of 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

In 2021, the average metal vehicle lock import price amounted to $X per ton, rising by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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