Spain: Metal Vehicle Lock Market 2025

Metal Vehicle Lock Market Size in Spain

In 2021, the Spanish metal vehicle lock market decreased by -24.8% to $X, falling for the second consecutive year after two years of growth. Overall, consumption showed a pronounced reduction. Metal vehicle lock consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Metal Vehicle Lock Production in Spain

In value terms, metal vehicle lock production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 22%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Metal Vehicle Lock Exports

Exports from Spain

In 2021, overseas shipments of base metal motor vehicle locks increased by 80% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal vehicle lock exports expanded markedly to $X in 2021. The total export value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 18%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), Portugal (X tons) and Romania (X tons) were the main destinations of metal vehicle lock exports from Spain, with a combined 78% share of total exports. These countries were followed by Morocco, Poland, the UK, Bulgaria, France and China, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bulgaria (with a CAGR of +360.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for base metal motor vehicle locks exports from Spain, comprising 48% of total exports. The second position in the ranking was taken by Portugal ($X), with an 18% share of total exports. It was followed by Morocco, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (+11.2% per year) and Morocco (+11.5% per year).

Export Prices by Country

In 2021, the average metal vehicle lock export price amounted to $X per ton, with a decrease of -38% against the previous year. In general, the export price saw a deep contraction. The growth pace was the most rapid in 2018 when the average export price increased by 5.9%. The export price peaked 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 external markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Romania ($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 Morocco (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Vehicle Lock Imports

Imports into Spain

In 2021, approx. X tons of base metal motor vehicle locks were imported into Spain; with an increase of 13% against 2020 figures. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when imports increased by 31%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, metal vehicle lock imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 33%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

The Czech Republic (X tons), Romania (X tons) and Germany (X tons) were the main suppliers of metal vehicle lock imports to Spain, with a combined 64% share of total imports. Poland, Italy, Bulgaria, Turkey, France, Slovakia, Portugal and China lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +207.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal vehicle lock suppliers to Spain were Romania ($X), the Czech Republic ($X) and Germany ($X), with a combined 63% share of total imports. Poland, Portugal, Italy, Slovakia, Bulgaria, France, China and Turkey lagged somewhat behind, together comprising a further 35%.

Bulgaria, with a CAGR of +168.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average metal vehicle lock import price amounted to $X per ton, picking up by 2.1% against the previous year. In general, the import price recorded a slight expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Portugal ($X per ton), while the price for Turkey ($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 (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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