Report Update Apr 1, 2024

Egypt - Safes, Strongboxes and Doors of Base Metal - Market Analysis, Forecast, Size, Trends and Insights

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Egypt: Safes And Strongboxes Market 2024

Safes And Strongboxes Market Size in Egypt

The Egyptian safes and strongboxes market shrank remarkably to $X in 2022, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a noticeable contraction. Safes and strongboxes consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Safes And Strongboxes Exports

Exports from Egypt

In 2022, after two years of decline, there was significant decline in shipments abroad of safes, strongboxes and doors of base metal, when their volume decreased by X% to X tons. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, safes and strongboxes exports declined rapidly to $X in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Saudi Arabia (X tons) was the main destination for safes and strongboxes exports from Egypt, with a X% share of total exports. It was followed by Sudan (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia amounted to X%.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for safes, strongboxes and doors of base metal exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Sudan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Saudi Arabia amounted to X%.

Export Prices by Country

The average safes and strongboxes export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then dropped in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Saudi Arabia stood at $X per ton.

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

Safes And Strongboxes Imports

Imports into Egypt

In 2022, approx. X tons of safes, strongboxes and doors of base metal were imported into Egypt; which is down by X% compared with the previous year. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, safes and strongboxes imports dropped sharply to $X in 2022. Over the period under review, imports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), South Korea (X tons) and Vietnam (X tons) were the main suppliers of safes and strongboxes imports to Egypt, with a combined X% share of total imports. France, Italy, Spain and Finland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest safes and strongboxes suppliers to Egypt were China ($X), South Korea ($X) and Vietnam ($X), together accounting for X% of total imports. France, Italy, Spain and Finland lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average safes and strongboxes import price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price posted a perceptible increase. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($X per ton) and Italy ($X per ton), while the price for France ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), 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?

The country with the largest volume of safes and strongboxes consumption was China, accounting for 29% of total volume. Moreover, safes and strongboxes consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by the United States, with a 12% share.

What are the largest producers of safes, strongboxes and doors of base metal in the world?

China remains the largest safes and strongboxes producing country worldwide, comprising approx. 43% of total volume. Moreover, safes and strongboxes production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was taken by Russia, with a 5.8% share.

What are the leading suppliers of safes, strongboxes and doors of base metal to Egypt?

In value terms, China, South Korea and Vietnam constituted the largest safes and strongboxes suppliers to Egypt, together accounting for 80% of total imports. France, Italy, Spain and Finland lagged somewhat behind, together comprising a further 14%.

What are the leading importers of safes, strongboxes and doors of base metal from Egypt?

In value terms, Saudi Arabia emerged as the key foreign market for safes, strongboxes and doors of base metal exports from Egypt, comprising 98% of total exports. The second position in the ranking was taken by Sudan $579), with a 1.9% share of total exports.

What is the average export price for safes, strongboxes and doors of base metal in Egypt?

In 2022, the average safes and strongboxes export price amounted to $5,449 per ton, which is down by -4.9% against the previous year.

What is the average import price for safes, strongboxes and doors of base metal in Egypt?

In 2022, the average safes and strongboxes import price amounted to $4,321 per ton, surging by 8.4% against the previous year.

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

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
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