EU: Metal Vehicle Lock Market 2025

Metal Vehicle Lock Market Size in the EU

In 2021, the EU metal vehicle lock market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, saw a pronounced setback. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Metal Vehicle Lock Production in the EU

In value terms, metal vehicle lock production expanded rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by 24%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Metal Vehicle Lock Exports

Exports in the EU

In 2021, shipments abroad of base metal motor vehicle locks was finally on the rise to reach X tons after three years of decline. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, metal vehicle lock exports expanded rapidly to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 16% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) and Germany (X tons) were the major exporters of base metal motor vehicle locks in 2021, reaching approx. 21% and 20% of total exports, respectively. Spain (X tons) held a 13% share (based on physical terms) of total exports, which put it in second place, followed by Romania (13%), Portugal (9.1%), Italy (8.3%) and Poland (5.5%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Romania (with a CAGR of +21.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest metal vehicle lock supplying countries in the European Union were Germany ($X), the Czech Republic ($X) and Romania ($X), with a combined 60% share of total exports.

Romania, with a CAGR of +19.9%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 5% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the other leaders experienced more modest paces of growth.

Metal Vehicle Lock Imports

Imports in the EU

In 2021, overseas purchases of base metal motor vehicle locks were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a slight setback. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, metal vehicle lock imports expanded markedly to $X in 2021. In general, imports recorded a relatively flat trend pattern. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany was the key importing country with an import of about X tons, which reached 34% of total imports. It was distantly followed by Spain (X tons), France (X tons), the Czech Republic (X tons), Italy (X tons), Poland (X tons) and Slovakia (X tons), together comprising a 44% share of total imports. Romania (X tons), Belgium (X tons), Sweden (X tons), Portugal (X tons), Hungary (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to metal vehicle lock imports into Germany stood at -1.6%. At the same time, Hungary (+21.8%), the Netherlands (+10.1%), Italy (+5.1%), the Czech Republic (+5.0%), Sweden (+4.3%), Poland (+3.5%) and Spain (+1.6%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of +21.8% from 2012-2021. Portugal experienced a relatively flat trend pattern. By contrast, Slovakia (-1.3%), Belgium (-3.9%), France (-4.5%) and Romania (-13.9%) illustrated a downward trend over the same period. While the share of Spain (+3.1 p.p.), Hungary (+2.6 p.p.), the Czech Republic (+2.4 p.p.), Italy (+2.3 p.p.) and Poland (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Germany (-1.8 p.p.), France (-2.8 p.p.) and Romania (-9.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported base metal motor vehicle locks in the European Union, comprising 35% of total imports. The second position in the ranking was held by Spain ($X), with a 10% share of total imports. It was followed by France, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value in Germany totaled -2.4%. In the other countries, the average annual rates were as follows: Spain (+2.6% per year) and France (+0.4% per year).

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, increasing by 4.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2013 an increase of 11%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+26.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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