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China - Safes, Strongboxes And Doors Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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China: Safes And Strongboxes Market Overview 2021

Safes And Strongboxes Market Size in China

In 2020, the Chinese safes and strongboxes market decreased by -X% to $X, falling for the second consecutive year after four years of growth. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Safes And Strongboxes Production in China

In value terms, safes and strongboxes production reduced slightly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the production volume increased by X% year-to-year. Safes and strongboxes production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Safes And Strongboxes Exports

Exports from China

After three years of decline, shipments abroad of safes, strongboxes and doors of base metal increased by X% to X tonnes in 2020. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, exports hit record highs at X tonnes in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

In value terms, safes and strongboxes exports surged to $X in 2020. Over the period under review, total exports indicated notable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2013; however, from 2014 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for safes and strongboxes exports from China, accounting for a X% share of total exports. Moreover, safes and strongboxes exports to the U.S. exceeded the volume sent to the second major destination, Germany (X tonnes), ninefold. Australia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Australia (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for safes and strongboxes exports from China, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Australia (+X% per year).

Export Prices by Country

In 2020, the average safes and strongboxes export price amounted to $X per tonne, dropping by -X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2020, the countries with the highest prices were the UK ($X per tonne) and Australia ($X per tonne), while the average price for exports to the U.S. ($X per tonne) and Canada ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Australia, while the prices for the other major destinations experienced more modest paces of growth.

Safes And Strongboxes Imports

Imports into China

In 2020, supplies from abroad of safes, strongboxes and doors of base metal decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Overall, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2019 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, safes and strongboxes imports contracted rapidly to $X in 2020. Over the period under review, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. From 2019 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

Indonesia (X tonnes), Japan (X tonnes) and Slovenia (X tonnes) were the main suppliers of safes and strongboxes imports to China, with a combined X% share of total imports. These countries were followed by South Korea and Slovakia, which together accounted for a further X 2007 to 2020, the biggest increases were in Slovakia (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest safes and strongboxes suppliers to China were Japan ($X), Indonesia ($X) and Slovenia ($X), with a combined X% share of total imports. These countries were followed by South Korea and Slovakia, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average safes and strongboxes import price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safes, strongboxes and doors of base metal in the world?
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China (423K tonnes) remains the largest safes and strongboxes consuming country worldwide, comprising approx. 28% of total volume. Moreover, safes and strongboxes consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (187K tonnes), twofold. India (173K tonnes) ranked third in terms of total consumption with a 11% share.
What are the largest producers of safes, strongboxes and doors of base metal in the world?
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China (625K tonnes) constituted the country with the largest volume of safes and strongboxes production, comprising approx. 42% of total volume. Moreover, safes and strongboxes production in China exceeded the figures recorded by the second-largest producer, India (175K tonnes), fourfold. Mexico (73K tonnes) ranked third in terms of total production with a 4.9% share.
What are the leading suppliers of safes, strongboxes and doors of base metal to China?
+
In value terms, Japan ($1.2M), Indonesia ($743K) and Slovenia ($347K) appeared to be the largest safes and strongboxes suppliers to China, together comprising 78% of total imports. South Korea and Slovakia lagged somewhat behind, together comprising a further 12%.
What are the leading importers of safes, strongboxes and doors of base metal from China?
+
In value terms, the U.S. ($256M) remains the key foreign market for safes and strongboxes exports from China, comprising 52% of total exports. The second position in the ranking was occupied by Germany ($34M), with a 6.9% share of total exports. It was followed by Australia, with a 2.9% share.
What is the average export price for safes, strongboxes and doors of base metal in China?
+
In 2020, the average safes and strongboxes export price amounted to $2,427 per tonne, reducing by -7% against the previous year.
What is the average import price for safes, strongboxes and doors of base metal in China?
+
The average safes and strongboxes import price stood at $3,528 per tonne in 2020, shrinking by -6% against the previous year.

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

This report provides an in-depth analysis of the safes and strongboxes market in China. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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