Europe: Safes And Strongboxes Market 2024

Safes And Strongboxes Market Size in Europe

The Europe safes and strongboxes market reduced modestly to $X in 2023, declining by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2013; afterwards, it flattened through to 2023.

Safes And Strongboxes Production in Europe

In value terms, safes and strongboxes production stood at $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Safes And Strongboxes Exports

Exports in Europe

After two years of growth, shipments abroad of safes, strongboxes and doors of base metal decreased by X% to X tons in 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, safes and strongboxes exports reached $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in years to come.

Exports by Country

The Netherlands represented the largest exporter of safes, strongboxes and doors of base metal in Europe, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2023. Poland (X tons) held the second position in the ranking, followed by Portugal (X tons), Germany (X tons), Italy (X tons), Slovakia (X tons) and the Czech Republic (X tons). All these countries together took near X% share of total exports. The following exporters - Romania (X tons), Bulgaria (X tons), Spain (X tons), Russia (X tons), France (X tons) and Austria (X tons) - together made up X% 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, Russia (X%), Portugal (X%), Bulgaria (X%) and Italy (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. Poland and Spain experienced a relatively flat trend pattern. By contrast, Austria (X%), Slovakia (X%), France (X%), Germany (X%), the Czech Republic (X%) and Romania (X%) illustrated a downward trend over the same period. While the share of Portugal (X p.p.), Russia (X p.p.) and Poland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of the Czech Republic (X p.p.), Germany (X p.p.) and Romania (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Poland, Portugal, France, the Czech Republic, Slovakia, Spain, Romania, Bulgaria, Austria and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Russia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Safes And Strongboxes Imports

Imports in Europe

In 2023, overseas purchases of safes, strongboxes and doors of base metal decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2022, and then reduced markedly in the following year.

In value terms, safes and strongboxes imports shrank to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2022, and then declined in the following year.

Imports by Country

In 2023, Germany (X tons) was the largest importer of safes, strongboxes and doors of base metal, achieving X% of total imports. Italy (X tons) ranks second in terms of the total imports with a X% share, followed by France (X%), Spain (X%), the UK (X%), Hungary (X%), Sweden (X%) and the Netherlands (X%). Austria (X tons), Poland (X tons), Switzerland (X tons), Portugal (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to safes and strongboxes imports into Germany stood at X%. At the same time, Poland (X%), Spain (X%), Portugal (X%), Italy (X%) and France (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2023. The Netherlands experienced a relatively flat trend pattern. By contrast, Sweden (X%), Switzerland (X%), Hungary (X%), Austria (X%), the UK (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Spain, Poland, Italy and France increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported safes, strongboxes and doors of base metal in Europe, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Germany was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and the UK (X% per year).

Import Prices by Country

In 2023, the import price in Europe amounted to $X per ton, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform