India - Safes, Strongboxes And Doors Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafes and Strongboxes Price in India - 2023
Contents:
- Safes and Strongboxes Price in India (CIF) - 2023
- Safes and Strongboxes Price in India (FOB) - 2023
- Safes and Strongboxes Imports in India
- Safes and Strongboxes Exports in India
Safes and Strongboxes Price in India (CIF) - 2023
The average safes and strongboxes import price stood at $3,251 per ton in July 2023, picking up by 4.1% against the previous month. In general, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in February 2023 an increase of 33% against the previous month. Over the period under review, average import prices hit record highs at $5,417 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($3,306 per ton), while the price for Vietnam totaled $1,191 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+0.4%), while the prices for the other major suppliers experienced a decline.
Safes and Strongboxes Price in India (FOB) - 2023
In July 2023, the average safes and strongboxes export price amounted to $3,195 per ton, increasing by 40% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the United States ($13,505 per ton), while the average price for exports to Thailand ($1,805 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Safes and Strongboxes Imports in India
In 2022, safes and strongboxes imports into India rose markedly to 2.8K tons, with an increase of 7.6% against the previous year's figure. Over the period under review, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 136% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, safes and strongboxes imports surged to $13M in 2022. Overall, imports showed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 118% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Safes and Strongboxes in India (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.8 | 3.7 | 7.8 | 9.0 | 15.8% |
Brazil | 0.1 | 0.4 | 1.1 | 1.3 | 135.1% |
Germany | 0.8 | N/A | 0.7 | 0.8 | 0.0% |
South Korea | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
Vietnam | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 2.5 | 0.7 | 0.8 | 1.3 | -19.6% |
Total | 9.5 | 5.0 | 10.8 | 12.8 | 10.4% |
Top Suppliers of Safes and Strongboxes to India in 2022:
- China (2226.9 tons)
- Germany (123.7 tons)
- Brazil (112.8 tons)
- South Korea (86.7 tons)
- Vietnam (77.2 tons)
Safes and Strongboxes Exports in India
In 2022, safes and strongboxes exports from India skyrocketed to 5.8K tons, increasing by 46% compared with the previous year. In general, exports continue to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, safes and strongboxes exports skyrocketed to $13M in 2022. Over the period under review, exports, however, saw a deep slump.
Export of Safes and Strongboxes in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 1,565 | 1,285 | 2,907 | 3,195 | 26.9% |
Netherlands | 3,312 | 577 | 672 | 1,631 | -21.0% |
Nepal | 2,595 | 644 | 624 | 1,382 | -18.9% |
United States | 2,315 | 268 | 332 | 1,042 | -23.4% |
Ethiopia | 946 | 1,378 | 249 | 923 | -0.8% |
Bangladesh | 326 | 199 | 441 | 485 | 14.2% |
United Kingdom | 606 | 370 | 300 | 457 | -9.0% |
United Arab Emirates | 285 | 282 | 410 | 450 | 16.4% |
Germany | 465 | 449 | 263 | 422 | -3.2% |
Thailand | 468 | 358 | 176 | 360 | -8.4% |
Oman | 287 | 198 | 299 | 329 | 4.7% |
Kenya | 242 | 47.3 | 249 | 273 | 4.1% |
Tanzania | 168 | 109 | 213 | 234 | 11.7% |
Others | 2,265 | 1,943 | 3,085 | 2,216 | -0.7% |
Total | 15,845 | 8,107 | 10,219 | 13,401 | -5.4% |
Top Export Markets for Safes and Strongboxes from India in 2022:
- Mexico (1578.7 tons)
- Netherlands (689.8 tons)
- Nepal (481.5 tons)
- United States (436.9 tons)
- Ethiopia (387.8 tons)
- United Arab Emirates (286.1 tons)
- Germany (261.4 tons)
- Oman (244.8 tons)
- Bangladesh (198.6 tons)
- Tanzania (151.6 tons)
- United Kingdom (136.7 tons)
- Thailand (129.0 tons)
- Kenya (116.9 tons)
This report provides an in-depth analysis of the safes and strongboxes market in India. 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 25992120 - Armoured or reinforced safes, strongboxes and doors and safe deposit lockers for strongrooms, of base metal
- Prodcom 25992170 - Base metal cash or deed boxes and the like
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
This report provides an in-depth analysis of the safes and strongboxes market in India.
This report provides an in-depth analysis of the global safes and strongboxes market.
This report provides an in-depth analysis of the safes and strongboxes market in India.
This report provides an in-depth analysis of the global safes and strongboxes market.
In value terms, armoured and reinforced safes, strong-boxes imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern rema...
In value terms, armoured and reinforced safes, strong-boxes imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern rema...