EU: Base Metal Padlock Market 2025

Base Metal Padlock Market Size in the EU

The EU base metal padlock market expanded notably to $X in 2022, picking up by 9.4% against the previous year. The market value increased at an average annual rate of +3.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Base Metal Padlock Production in the EU

In value terms, base metal padlock production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 8.1% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Base Metal Padlock Exports

Exports in the EU

In 2022, overseas shipments of base metal padlocks decreased by -7.9% to X tons for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, base metal padlock exports reduced modestly to $X in 2022. The total export value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

The biggest shipments were from France (X tons), Germany (X tons) and Spain (X tons), together finishing at 51% of total export. Italy (X tons) took the next position in the ranking, followed by Sweden (X tons), the Netherlands (X tons) and Poland (X tons). All these countries together held near 30% share of total exports. Finland (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +16.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest base metal padlock supplying countries in the European Union were Germany ($X), Finland ($X) and France ($X), with a combined 53% share of total exports. Italy, Poland, Spain, Sweden and the Netherlands lagged somewhat behind, together accounting for a further 32%.

Poland, with a CAGR of +31.0%, saw the highest rates of growth with regard to 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

The export price in the European Union stood at $X per ton in 2022, growing by 4.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 when the export price increased by 14% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.7%), while the other leaders experienced more modest paces of growth.

Base Metal Padlock Imports

Imports in the EU

In 2022, imports of base metal padlocks in the European Union shrank slightly to X tons, remaining constant against the year before. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 15%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank slightly in the following year.

In value terms, base metal padlock imports rose sharply to $X in 2022. Total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, France (X tons), distantly followed by Germany (X tons), Italy (X tons), Spain (X tons), the Netherlands (X tons) and Poland (X tons) were the key importers of base metal padlocks, together mixing up 71% of total imports. Sweden (X tons), Portugal (X tons), Belgium (X tons), Hungary (X tons), Romania (X tons), Denmark (X tons) and Greece (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of +12.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Spain ($X) were the countries with the highest levels of imports in 2022, with a combined 46% share of total imports. The Netherlands, Italy, Poland, Sweden, Belgium, Denmark, Portugal, Hungary, Romania and Greece lagged somewhat behind, together accounting for a further 43%.

Poland, with a CAGR of +14.0%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, surging by 9.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2021 when the import price increased by 11% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :