Norway: Metal Vehicle Lock Market 2025

Metal Vehicle Lock Market Size in Norway

In 2021, the Norwegian metal vehicle lock market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Metal Vehicle Lock Exports

Exports from Norway

In 2021, the amount of base metal motor vehicle locks exported from Norway skyrocketed to X tons, rising by 89% against 2020 figures. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2014 when exports increased by 267%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, metal vehicle lock exports skyrocketed to $X in 2021. In general, exports posted a resilient increase. The pace of growth was the most pronounced in 2014 when exports increased by 295%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for metal vehicle lock exports from Norway, with a 69% share of total exports. Moreover, metal vehicle lock exports to Germany exceeded the volume sent to the second major destination, Sweden (X kg), sixfold. The United States (X kg) ranked third in terms of total exports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +89.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+9.0% per year) and the United States (+51.2% per year).

In value terms, Germany ($X), Sweden ($X) and Belgium ($X) constituted the largest markets for metal vehicle lock exported from Norway worldwide, together accounting for 64% of total exports.

Germany, with a CAGR of +53.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal vehicle lock export price stood at $X per ton in 2021, falling by -3.6% against the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 68%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to Lithuania ($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 Belgium (-2.6%), while the prices for the other major destinations experienced a decline.

Metal Vehicle Lock Imports

Imports into Norway

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. Overall, total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 24% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal vehicle lock imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), China (X tons) and Germany (X tons) were the main suppliers of metal vehicle lock imports to Norway, with a combined 70% share of total imports. France, Taiwan (Chinese), Italy, the United States, the UK, Sweden, Denmark and Japan lagged somewhat behind, together comprising a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +23.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Germany ($X) and China ($X) were the largest metal vehicle lock suppliers to Norway, together accounting for 70% of total imports. These countries were followed by Italy, the United States, France, Denmark, Taiwan (Chinese), Sweden, Japan and the UK, which together accounted for a further 21%.

The United States, with a CAGR of +26.1%, recorded 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 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 16% against the previous year. Over the period under review, the import price, however, continues to indicate a deep setback. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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