Global Safes And Strongboxes Market 2024

Safes And Strongboxes Market Size

The global safes and strongboxes market shrank slightly to $X in 2023, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the global market remained at a lower figure.

Safes And Strongboxes Production

In value terms, safes and strongboxes production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, global production attained the maximum level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Safes And Strongboxes Exports

Exports

In 2023, shipments abroad of safes, strongboxes and doors of base metal decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the global exports remained at a lower figure.

In value terms, safes and strongboxes exports dropped to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The global exports peaked at $X in 2022, and then contracted modestly in the following year.

Exports by Country

China prevails in exports structure, resulting at X tons, which was near X% of total exports in 2023. The Netherlands (X tons) held the second position in the ranking, followed by South Korea (X tons). All these countries together held approx. X% share of total exports. Mexico (X tons), Poland (X tons), Portugal (X tons), Germany (X tons), Italy (X tons) and Slovakia (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of safes, strongboxes and doors of base metal. At the same time, Portugal (X%), Mexico (X%) and Italy (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Poland and the Netherlands experienced a relatively flat trend pattern. By contrast, South Korea (X%), Slovakia (X%) and Germany (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of China and Mexico increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest safes and strongboxes supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Mexico ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, safes and strongboxes exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (X% per year) and Germany (X% per year).

Export Prices by Country

In 2023, the average safes and strongboxes export price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The global export price peaked in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Safes And Strongboxes Imports

Imports

In 2023, purchases abroad of safes, strongboxes and doors of base metal decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2022 to 2023, the growth of global imports remained at a lower figure.

In value terms, safes and strongboxes imports declined to $X in 2023. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked at $X in 2022, and then dropped in the following year.

Imports by Country

The United States was the key importer of safes, strongboxes and doors of base metal in the world, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. It was distantly followed by Germany (X tons), generating an X% share of total imports. The following importers - Italy (X tons), France (X tons), Spain (X tons), Canada (X tons), the UK (X tons), the United Arab Emirates (X tons), Japan (X tons), Australia (X tons), Hungary (X tons), Mexico (X tons) and Sweden (X tons) - each recorded a X% share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of safes, strongboxes and doors of base metal. At the same time, Spain (X%), Mexico (X%), Italy (X%) and France (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Australia experienced a relatively flat trend pattern. By contrast, the United Arab Emirates (X%), Sweden (X%), Japan (X%), Canada (X%), Hungary (X%), Germany (X%) and the UK (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported safes, strongboxes and doors of base metal worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: Germany (X% per year) and France (X% per year).

Import Prices by Country

The average safes and strongboxes import price stood at $X per ton in 2023, remaining relatively unchanged against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was France ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform