Latest Report Update: Jul 13, 2021

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

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Saudi Arabia: Safes And Strongboxes Market Overview 2021

Safes And Strongboxes Market Size in Saudi Arabia

In 2020, the Saudi safes and strongboxes market increased by X% to $X, rising for the second year in a row after four years of decline. Overall, the total consumption indicated a moderate expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2009 to 2020, the growth of the market failed to regain the momentum.

Safes And Strongboxes Exports

Exports from Saudi Arabia

For the fourth year in a row, Saudi Arabia recorded decline in shipments abroad of safes, strongboxes and doors of base metal, which decreased by -X% to X tonnes in 2020. Overall, exports saw a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, safes and strongboxes exports fell to $X in 2020. In general, exports faced a abrupt setback. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

Qatar (X tonnes), Sudan (X tonnes) and Yemen (X tonnes) were the main destinations of safes and strongboxes exports from Saudi Arabia, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Yemen, while exports for the other leaders experienced a decline.

In value terms, the largest markets for safes and strongboxes exported from Saudi Arabia were Qatar ($X), Sudan ($X) and the United Arab Emirates ($X), together accounting for X% of total exports. Jordan, Yemen, Lebanon and Kenya lagged somewhat behind, together comprising a further X terms of the main countries of destination, Yemen saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average safes and strongboxes export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of X% y-o-y. The export price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to Kenya ($X per tonne) was amongst the lowest.

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

Safes And Strongboxes Imports

Imports into Saudi Arabia

In 2020, overseas purchases of safes, strongboxes and doors of base metal increased by X% to X tonnes, rising for the second consecutive year after four years of decline. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2009 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, safes and strongboxes imports surged to $X in 2020. In general, imports recorded a temperate expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2009 to 2020, the growth imports remained at a lower figure.

Imports by Country

China (X tonnes), South Korea (X tonnes) and France (X tonnes) were the main suppliers of safes and strongboxes imports to Saudi Arabia, with a combined X% share of total imports. Viet Nam and Malaysia lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Viet Nam, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of safes and strongboxes to Saudi Arabia, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2020, the average safes and strongboxes import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, safes and strongboxes import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. The import price peaked in 2020 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safes, strongboxes and doors of base metal in the world?
+
China (423K tonnes) constituted the country with the largest volume of safes and strongboxes consumption, 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. The third position in this ranking was occupied by India (173K tonnes), with a 11% share.
What are the largest producers of safes, strongboxes and doors of base metal in the world?
+
China (625K tonnes) constituted the country with the largest volume of safes and strongboxes production, accounting for 42% of total volume. Moreover, safes and strongboxes production in China exceeded the figures recorded by the second-largest producer, India (175K tonnes), fourfold. The third position in this ranking was occupied by Mexico (73K tonnes), with a 4.9% share.
What are the leading suppliers of safes, strongboxes and doors of base metal to Saudi Arabia?
+
In value terms, China ($5.6M) constituted the largest supplier of safes and strongboxes to Saudi Arabia, comprising 47% of total imports. The second position in the ranking was occupied by France ($2.5M), with a 21% share of total imports. It was followed by South Korea, with a 19% share.
What are the leading importers of safes, strongboxes and doors of base metal from Saudi Arabia?
+
In value terms, the largest markets for safes and strongboxes exported from Saudi Arabia were Qatar ($29K), Sudan ($16K) and the United Arab Emirates ($15K), with a combined 59% share of total exports. Jordan, Yemen, Lebanon and Kenya lagged somewhat behind, together accounting for a further 24%.
What is the average export price for safes, strongboxes and doors of base metal in Saudi Arabia?
+
The average safes and strongboxes export price stood at $4,336 per tonne in 2020, picking up by 15% against the previous year.
What is the average import price for safes, strongboxes and doors of base metal in Saudi Arabia?
+
The average safes and strongboxes import price stood at $2,647 per tonne in 2020, picking up by 19% 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 Saudi Arabia. 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:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• 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

Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global solid biofuels market.



Thursday, September 9th, 2021 @ 04:00 pm ET


Register

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 04:00 pm ET


Register

Webinar: Global Cement Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global cement market.



Thursday, September 23rd, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data