Vietnam - Base Metal Motor Vehicle Locks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Vehicle Lock Price in Vietnam - 2021
Contents:
- Metal Vehicle Lock Price in Vietnam (FOB) - 2022
- Metal Vehicle Lock Price in Vietnam (CIF) - 2022
- Metal Vehicle Lock Exports in Vietnam
- Metal Vehicle Lock Imports in Vietnam
Metal Vehicle Lock Price in Vietnam (FOB) - 2022
The average metal vehicle lock export price stood at $10,639 per ton in 2022, reducing by -49.1% against the previous year. Overall, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 22%. The export price peaked at $24,531 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Japan ($11,065 per ton) and Thailand ($11,061 per ton), while the average price for exports to China ($10,451 per ton) and South Korea ($10,451 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-5.2%), while the prices for the other major destinations experienced a decline.
Metal Vehicle Lock Price in Vietnam (CIF) - 2022
In 2022, the average metal vehicle lock import price amounted to $20,748 per ton, declining by -1.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 9.9%. The import price peaked at $22,459 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($21,300 per ton) and China ($21,300 per ton), while the price for the Czech Republic ($19,673 per ton) and Indonesia ($20,081 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Vehicle Lock Exports in Vietnam
In 2022, overseas shipments of base metal motor vehicle locks decreased by -84.2% to 270 tons, falling for the second consecutive year after two years of growth. In general, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 71%. As a result, the exports attained the peak of 1.8K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metal vehicle lock exports dropped notably to $2.9M in 2022. Over the period under review, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2020 when exports increased by 100%. As a result, the exports reached the peak of $45M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Metal Vehicle Lock in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 9.8 | 9.1 | 0.9 | -69.7% |
| Thailand | 15.4 | 14.4 | 6.8 | 0.7 | -64.3% |
| United States | 0.5 | 6.6 | 6.3 | 0.6 | 6.3% |
| Japan | 3.5 | 3.3 | 1.5 | 0.2 | -61.5% |
| China | 2.2 | 2.9 | 1.7 | 0.2 | -55.0% |
| Malaysia | 0.5 | 0.3 | 0.5 | 0.1 | -41.5% |
| South Korea | N/A | 0.4 | 1.5 | 0.1 | -50.0% |
| Slovenia | N/A | 3.8 | 4.1 | N/A | 7.9% |
| Turkey | N/A | 2.8 | 2.2 | N/A | -21.4% |
| Others | 0.3 | 0.6 | 2.0 | N/A | 158.2% |
| Total | 22.4 | 44.8 | 35.8 | 2.9 | -49.4% |
Top Export Markets for Metal Vehicle Lock from Vietnam in 2022:
- India (88.0 tons)
- Thailand (65.8 tons)
- United States (61.3 tons)
- China (16.7 tons)
- Japan (14.8 tons)
- South Korea (14.1 tons)
- Malaysia (4.9 tons)
Metal Vehicle Lock Imports in Vietnam
In 2022, metal vehicle lock imports into Vietnam reduced to 834 tons, declining by -6.1% against 2021. In general, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year.
In value terms, metal vehicle lock imports dropped to $17M in 2022. Over the period under review, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 18%.
| Import of Metal Vehicle Lock in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 5.7 | 4.7 | 4.1 | 4.2 | -9.7% |
| China | 3.5 | 2.4 | 4.1 | 3.6 | 0.9% |
| South Korea | 3.8 | 3.7 | 4.1 | 3.6 | -1.8% |
| Japan | 2.8 | 3.1 | 2.6 | 2.4 | -5.0% |
| India | 0.7 | 0.6 | 1.4 | 1.2 | 19.7% |
| Germany | 0.8 | 0.2 | 1.3 | 1.1 | 11.2% |
| Czech Republic | 0.8 | 0.2 | 0.3 | 0.4 | -20.6% |
| Indonesia | 0.5 | 0.4 | 0.3 | 0.3 | -15.7% |
| Others | 0.8 | 0.6 | 0.6 | 0.5 | -14.5% |
| Total | 19.4 | 15.9 | 18.8 | 17.3 | -3.7% |
Top Suppliers of Metal Vehicle Lock to Vietnam in 2022:
- Thailand (207.4 tons)
- China (169.7 tons)
- South Korea (167.5 tons)
- Japan (120.5 tons)
- India (57.8 tons)
- Germany (52.9 tons)
- Czech Republic (19.1 tons)
- Indonesia (16.7 tons)
This report provides an in-depth analysis of the metal vehicle lock market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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