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

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Russian Federation: Safes And Strongboxes Market 2022

Safes And Strongboxes Market Size in the Russian Federation

The Russian safes and strongboxes market contracted modestly to $X in 2021, which is down by -X% against the previous year. Over the period under review, consumption recorded a perceptible reduction. Safes and strongboxes consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Safes And Strongboxes Production in the Russian Federation

In value terms, safes and strongboxes production reduced modestly to $X in 2021 estimated in export price. In general, production continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Safes And Strongboxes Exports

Exports from the Russian Federation

In 2021, safes and strongboxes exports from Russia soared to X tons, increasing by X% against 2020. In general, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, safes and strongboxes exports surged to $X in 2021. Over the period under review, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons) was the main destination for safes and strongboxes exports from Russia, accounting for a X% share of total exports. Moreover, safes and strongboxes exports to Poland exceeded the volume sent to the second major destination, Kazakhstan (X tons), threefold. The third position in this ranking was held by Ukraine (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Poland totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Ukraine (-X% per year).

In value terms, the largest markets for safes and strongboxes exported from Russia were Poland ($X), Kazakhstan ($X) and Belarus ($X), with a combined X% share of total exports. These countries were followed by Ukraine, Bulgaria, the UK, the Netherlands, Austria, Uzbekistan, Germany and Kyrgyzstan, which together accounted for a further X terms of the main countries of destination, Austria, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

The average safes and strongboxes export price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, safes and strongboxes export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Safes And Strongboxes Imports

Imports into the Russian Federation

After three years of decline, supplies from abroad of safes, strongboxes and doors of base metal increased by X% to X tons in 2021. In general, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, safes and strongboxes imports soared to $X in 2021. Overall, imports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest safes and strongboxes supplier to Russia, accounting for a X% share of total imports. Moreover, safes and strongboxes imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X tons), sixfold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+X% per year) and India (+X% per year).

In value terms, China ($X) constituted the largest supplier of safes and strongboxes to Russia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Poland (+X% per year).

Import Prices by Country

The average safes and strongboxes import price stood at $X per ton in 2021, increasing by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 an increase of X%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together comprising 55% of global consumption. These countries were followed by Russia, Indonesia, Germany, Italy, Mexico, Japan and Thailand, which together accounted for a further 22%.

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

China constituted the country with the largest volume of safes and strongboxes production, accounting for 43% of total volume. Moreover, safes and strongboxes production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Russia 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 the Russian Federation?

In value terms, China constituted the largest supplier of safes and strongboxes to Russia, comprising 48% of total imports. The second position in the ranking was taken by Italy, with an 11% share of total imports. It was followed by Poland, with a 7% share.

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

In value terms, the largest markets for safes and strongboxes exported from Russia were Poland, Kazakhstan and Belarus, with a combined 59% share of total exports. Ukraine, Bulgaria, the UK, the Netherlands, Austria, Uzbekistan, Germany and Kyrgyzstan lagged somewhat behind, together comprising a further 33%.

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

The average safes and strongboxes export price stood at $3,053 per ton in 2021, surging by 21% against the previous year.

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

The average safes and strongboxes import price stood at $5,047 per ton in 2021, picking up by 17% against the previous year.

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

• Russia

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in the Russian Federation

• 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

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance