Report Update Nov 1, 2024

Slovakia - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Metal Vehicle Lock Market 2024

Metal Vehicle Lock Market Size in Slovakia

In 2021, after two years of growth, there was decline in the Slovak metal vehicle lock market, when its value decreased by -1.1% to $X. In general, consumption posted a prominent expansion. As a result, consumption reached the peak level of $X, and then shrank slightly in the following year.

Metal Vehicle Lock Exports

Exports from Slovakia

In 2021, overseas shipments of base metal motor vehicle locks decreased by -12.2% to X tons, falling for the fifth year in a row after five years of growth. Overall, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 27% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, metal vehicle lock exports contracted to $X in 2021. In general, exports showed a dramatic curtailment. The pace of growth was the most pronounced in 2013 with an increase of 23% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for metal vehicle lock exports from Slovakia, accounting for a 35% share of total exports. Moreover, metal vehicle lock exports to the Czech Republic exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was taken by China (X tons), with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-18.7% per year) and China (+11.7% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for base metal motor vehicle locks exports from Slovakia, comprising 37% of total exports. The second position in the ranking was held by the UK ($X), with a 14% share of total exports. It was followed by Austria, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic totaled +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-21.6% per year) and Austria (-22.3% per year).

Export Prices by Country

In 2021, the average metal vehicle lock export price amounted to $X per ton, surging by 7.6% against the previous year. Overall, the export price, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to Greece ($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 Austria (+3.6%), while the prices for the other major destinations experienced a decline.

Metal Vehicle Lock Imports

Imports into Slovakia

In 2021, the amount of base metal motor vehicle locks imported into Slovakia was estimated at X tons, approximately reflecting 2020. In general, imports, however, saw a mild setback. The most prominent rate of growth was recorded in 2013 when imports increased by 44%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, metal vehicle lock imports contracted to $X in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 25%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

South Korea (X tons), Italy (X tons) and the Czech Republic (X tons) were the main suppliers of metal vehicle lock imports to Slovakia, together accounting for 78% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +54.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Italy ($X) and the Czech Republic ($X) were the largest metal vehicle lock suppliers to Slovakia, together accounting for 73% of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +56.1%, recorded 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

The average metal vehicle lock import price stood at $X per ton in 2021, reducing by -2.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2016 an increase of 26%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for base metal motor vehicle locks in the world?

The country with the largest volume of metal vehicle lock consumption was China, accounting for 27% of total volume. Moreover, metal vehicle lock consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 11% share.

What are the largest producers of base metal motor vehicle locks in the world?

The country with the largest volume of metal vehicle lock production was China, accounting for 33% of total volume. Moreover, metal vehicle lock production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Mexico, with an 8.6% share.

What are the leading suppliers of base metal motor vehicle locks to Slovakia?

In value terms, the largest metal vehicle lock suppliers to Slovakia were South Korea, Italy and the Czech Republic, with a combined 64% share of total imports. Romania, Germany and Poland lagged somewhat behind, together comprising a further 30%.

What are the leading importers of base metal motor vehicle locks from Slovakia?

In value terms, the Czech Republic emerged as the key foreign market for metal vehicle lock exports from Slovakia, comprising 45% of total exports. The second position in the ranking was occupied by Austria, with a 10% share of total exports. It was followed by Hungary, with a 9.6% share.

What is the average export price for base metal motor vehicle locks in Slovakia?

In 2020, the average metal vehicle lock export price amounted to $44,915 per ton, reducing by -35.3% against the previous year.

What is the average import price for base metal motor vehicle locks in Slovakia?

The average metal vehicle lock import price stood at $21,852 per ton in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the metal vehicle lock market in Slovakia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25721150 - Base metal motor vehicle locks

Country coverage:

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023