Report Update: May 1, 2024

Norway - Safes, Strongboxes And Doors Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights

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Safes and Strongboxes Price in Norway - 2023

Safes and Strongboxes Price in Norway (CIF) - 2023

The average safes and strongboxes import price stood at $6,583 per ton in August 2023, dropping by -7.7% against the previous month. Overall, import price indicated a moderate increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, safes and strongboxes import price decreased by -7.7% against July 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 101% against the previous month. As a result, import price reached the peak level of $9,477 per ton. From November 2022 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Denmark ($13,425 per ton), while the price for Vietnam ($2,044 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Safes and Strongboxes Price in Norway (FOB) - 2022

The average safes and strongboxes export price stood at $8,663 per ton in 2022, reducing by -34.9% against the previous year. Overall, the export price, however, posted perceptible growth. The pace of growth was the most pronounced in 2018 an increase of 186%. As a result, the export price reached the peak level of $25,947 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($33,380 per ton), while the average price for exports to the UK ($5,665 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Safes and Strongboxes Imports in Norway

In 2022, overseas purchases of safes, strongboxes and doors of base metal increased by 23% to 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, safes and strongboxes imports rose markedly to $7.1M in 2022. In general, imports, however, recorded a relatively flat trend pattern.

Import of Safes and Strongboxes in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	2,416	1,877	2,565	2,745	4.3%
China	1,057	805	700	1,574	14.2%
Lithuania	436	545	649	749	19.8%
Poland	658	634	399	350	-19.0%
South Korea	256	181	298	261	0.6%
Denmark	232	196	93.1	201	-4.7%
Bulgaria	35.6	18.7	52.5	173	69.4%
Vietnam	36.7	36.3	43.0	55.7	14.9%
Netherlands	205	215	93.6	31.8	-46.3%
Indonesia	68.5	44.1	61.1	30.6	-23.6%
Others	1,718	1,517	1,364	936	-18.3%
Total	7,117	6,069	6,318	7,107	-0.0%

Top Suppliers of Safes and Strongboxes to Norway in 2022:

Sweden (347.7 tons)
China (274.9 tons)
Lithuania (199.7 tons)
South Korea (77.4 tons)
Poland (52.3 tons)
Bulgaria (37.5 tons)
Denmark (26.9 tons)
Vietnam (24.9 tons)
Indonesia (9.2 tons)
Netherlands (6.9 tons)

Safes and Strongboxes Exports in Norway

Safes and strongboxes exports from Norway skyrocketed to 64 tons in 2022, picking up by 160% compared with the year before. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 221% against the previous year. As a result, the exports attained the peak of 77 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, safes and strongboxes exports soared to $559K in 2022. In general, exports saw a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 222% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Safes and Strongboxes in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	7.1	72.9	2.7	250	227.8%
Sweden	63.8	77.9	115	115	21.7%
Denmark	78.3	567	104	87.1	3.6%
Iceland	9.4	42.2	12.5	17.2	22.3%
Germany	5.7	75.7	1.0	3.5	-15.0%
Lithuania	N/A	5.8	7.2	0.8	-62.9%
Others	178	263	88.3	84.8	-21.9%
Total	343	1,104	331	559	17.7%

Top Export Markets for Safes and Strongboxes from Norway in 2022:

United Kingdom (44.1 tons)
Sweden (10.1 tons)
Denmark (4.1 tons)
Iceland (2.1 tons)
Germany (0.4 tons)
Lithuania (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the safes and strongboxes market in Norway. 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:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023