Earlier Report Observations
From 2018 to 2020, Czechia's trade in base metal padlocks and locks saw a decline in both imports and exports. The country had established itself as a top global exporter in 2019, but exports fell by approximately 9% the following year, reflecting broader market adjustments.
The domestic market size began a steady expansion from 2021 onward, growing from 298.1 million USD to 339.8 million USD by 2024. This initial growth in 2021 was supported by the overall rise of the Eastern European lock and key market. Production volumes showed significant variation, with a strong surge in 2023 before a slight moderation in 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2021-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2021-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Czechia
- 5.1.1. In value, 2021-2024, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, M $ US
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5.1. Production in Czechia
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Czechia in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Czechia by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Czechia in value, 2018-2025, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Czechia by countries, 2018-2025, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Czechia, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Czechia by countries, 2018-2025, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Czechia in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Czechia by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Czechia in value, 2018-2025, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Czechia by countries, 2018-2025, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Czechia, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Czechia by countries, 2018-2025, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Czechia in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Czechia by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Czechia in value, 2018-2025, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Czechia by countries, 2018-2025, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Czechia, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Czechia by countries, 2018-2025, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Czechia in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Czechia by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Czechia in value, 2018-2025, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Czechia by countries, 2018-2025, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Czechia, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Czechia by countries, 2018-2025, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production padlocks, locks and keys in Czechia
In value, 2018-2021, M $ US
Annual dynamics of production in Czechia in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports padlocks, locks and keys from Czechia
Exports in kind, t
Czechia's exports of padlocks, locks, and keys have declined for the third year in a row. In 2021, exports reached 22 720 tonnes, marking a modest 10.0% decrease compared to 2020. Over the period from 2018 to 2021, exports fell by 25.8%, with a compound annual growth rate (CAGR) of -9.5%.
Annual dynamics of product's exports from Czechia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.7%) | (8.6%) | (10.0%) | (9.5%) |
From 2018 to 2021, Germany, Sweden, and Belgium were among the largest buyers of padlocks, locks, and keys from Czechia, accounting for 31.1%, 6.5%, and 6.1% of exports in kind, respectively. However, even combined, these three countries represented just 43.7% of total exports in kind, indicating a broadly diversified partner base.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Czechia in kind, 2018-2021
Exports in value, M $ US
After a two-year decline, Czechia's exports of padlocks, locks, and keys in value terms showed an increase. In 2021, exports amounted to 475.7 million US dollars, with only a marginal fluctuation compared to the previous year. Over the period from 2018 to 2021, exports decreased by 18.2%, with a CAGR of -6.5%. The lowest value was recorded in 2020 at 473.6 million US dollars, which also saw the largest decline of 12.1%.
Annual dynamics of product's exports from Czechia in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.4%) | (12.1%) | 0.4% | (6.5%) |
Between 2018 and 2021, the geographical structure of exports in value terms was highly diversified. Germany, the United Kingdom, and Sweden accounted for 33.4%, 8.4%, and 7.3% of exports in value terms, respectively, but together they made up only 49.1% of total flows. The remaining 50.9% was distributed among numerous smaller partner countries.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Czechia in value, 2018-2021
Imports padlocks, locks and keys to Czechia
Imports in kind, t
Czechia's imports of padlocks, locks, and keys in kind have declined for the third consecutive year. In 2021, imports totaled 27 212 tonnes, representing a 3.5% drop compared to 2020. Over the period from 2018 to 2021, imports decreased by 30.9%, with a CAGR of -11.6%.
Annual dynamics of product's imports to Czechia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.3%) | (28.1%) | (3.5%) | (11.6%) |
Throughout 2018 to 2021, Germany, Romania, and China formed the core of Czechia's imports in kind, accounting for 52.3%, 8.5%, and 6.4% of imports, respectively. Together, these three countries took 67.2% of total flows.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Czechia in kind, 2018-2021
Imports in value, M $ US
After a two-year drop, Czechia's imports of padlocks, locks, and keys in value terms increased. In 2021, imports amounted to 321.0 million US dollars, reflecting a substantial rise of 11.9% compared to 2020. Between 2018 and 2021, imports decreased by 14.9%, equating to an annualized rate of -5.2%. The minimum value was recorded in 2020 at 286.8 million US dollars, which also experienced the largest decline of 19.9%.
Annual dynamics of product's imports to Czechia in value, 2018-2021, M $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.1%) | (19.9%) | 11.9% | (5.2%) |
From 2018 to 2021, Germany, China, and Italy were the main sources in the geographical breakdown of imports in value terms for padlocks, locks, and keys to Czechia, accounting for 48.0%, 8.0%, and 5.8% of imports, respectively. Their combined share was 61.7% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Czechia in value, 2018-2021
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