Kenya: Metal Vehicle Lock Market 2025

Metal Vehicle Lock Market Size in Kenya

In 2021, the Kenyan metal vehicle lock market was finally on the rise to reach $X after five years of decline. Overall, consumption, however, recorded a mild contraction. Metal vehicle lock consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Metal Vehicle Lock Exports

Exports from Kenya

In 2021, metal vehicle lock exports from Kenya contracted to X tons, waning by -9.6% on 2020. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 676%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal vehicle lock exports dropped to $X in 2021. Overall, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2014 when exports increased by 167%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X tons) was the main destination for metal vehicle lock exports from Kenya, with a 83% share of total exports. Moreover, metal vehicle lock exports to Tanzania exceeded the volume sent to the second major destination, Rwanda (X kg), ninefold. France (X kg) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania amounted to +41.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+64.6% per year) and France (0.0% per year).

In value terms, the largest markets for metal vehicle lock exported from Kenya were Tanzania ($X), France ($X) and Rwanda ($X), with a combined 92% share of total exports.

In terms of the main countries of destination, Rwanda, with a CAGR of +62.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average metal vehicle lock export price amounted to $X per ton, with a decrease of -4.3% against the previous year. In general, the export price showed a deep slump. The pace of growth was the most pronounced in 2016 when the average export price increased by 76%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Tanzania ($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 Uganda (+10.8%), while the prices for the other major destinations experienced a decline.

Metal Vehicle Lock Imports

Imports into Kenya

In 2021, overseas purchases of base metal motor vehicle locks were finally on the rise to reach X tons after three years of decline. In general, imports, however, saw a pronounced setback. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, metal vehicle lock imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a modest expansion. The growth pace was the most rapid in 2013 with an increase of 169%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal vehicle lock to Kenya, with a 59% share of total imports. Moreover, metal vehicle lock imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+3.9% per year) and the United Arab Emirates (+1.4% per year).

In value terms, the largest metal vehicle lock suppliers to Kenya were China ($X), India ($X) and Thailand ($X), with a combined 55% share of total imports. These countries were followed by Japan and the United Arab Emirates, which together accounted for a further 4.5%.

Japan, with a CAGR of +28.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average metal vehicle lock import price stood at $X per ton in 2021, reducing by -36.3% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 93% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted notably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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