Benelux: Safes And Strongboxes Market 2024

Safes And Strongboxes Market Size in Benelux

The Benelux safes and strongboxes market shrank to $X in 2023, waning by X% against the previous year. Overall, consumption saw a slight reduction. The level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Safes And Strongboxes Production in Benelux

In value terms, safes and strongboxes production shrank to $X in 2023 estimated in export price. Over the period under review, production saw a mild decrease. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Safes And Strongboxes Exports

Exports in Benelux

In 2023, approx. X tons of safes, strongboxes and doors of base metal were exported in Benelux; declining by X% compared with 2022 figures. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when exports increased by X%. The volume of export peaked at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat 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% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The level of export peaked at $X in 2022, and then shrank in the following year.

Exports by Country

The Netherlands prevails in exports structure, amounting to X tons, which was near X% of total exports in 2023. Belgium (X tons) held a relatively small share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of safes, strongboxes and doors of base metal. At the same time, Belgium (X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest safes and strongboxes supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in the Netherlands amounted to X%.

Export Prices by Country

In 2023, the export price in Benelux amounted to $X per ton, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs 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 Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Safes And Strongboxes Imports

Imports in Benelux

In 2023, purchases abroad of safes, strongboxes and doors of base metal decreased by X% to X tons, falling for the fourth year in a row after two years of growth. In general, imports showed a mild contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, safes and strongboxes imports dropped significantly to $X in 2023. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the Netherlands (X tons) was the main importer of safes, strongboxes and doors of base metal, mixing up X% of total imports. It was distantly followed by Belgium (X tons), generating a X% share of total imports. Luxembourg (X tons) took a little share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of safes, strongboxes and doors of base metal. Luxembourg (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported safes, strongboxes and doors of base metal in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, safes and strongboxes imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Belgium (X% per year) and Luxembourg (X% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Luxembourg ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform