Eastern Europe: Safes And Strongboxes Market 2025

Safes And Strongboxes Market Size in Eastern Europe

The East European safes and strongboxes market skyrocketed to $X in 2021, picking up by 19% against the previous year. In general, consumption, however, showed a perceptible decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Safes And Strongboxes Production in Eastern Europe

In value terms, safes and strongboxes production expanded remarkably to $X in 2021 estimated in export price. Overall, production, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 26% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Safes And Strongboxes Exports

Exports in Eastern Europe

In 2021, safes and strongboxes exports in Eastern Europe expanded markedly to X tons, with an increase of 5.3% compared with the previous year's figure. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 6.7% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, safes and strongboxes exports soared to $X in 2021. The total export value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tons) and the Czech Republic (X tons) represented the major exporters of safes, strongboxes and doors of base metal in 2021, resulting at near 27% and 21% of total exports, respectively. It was distantly followed by Slovakia (X tons), Romania (X tons), Bulgaria (X tons), Russia (X tons) and Lithuania (X tons), together creating a 48% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Russia (with a CAGR of +16.4%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Slovakia ($X) were the countries with the highest levels of exports in 2021, together accounting for 68% of total exports. These countries were followed by Romania, Bulgaria, Russia and Lithuania, which together accounted for a further 28%.

In terms of the main exporting countries, Russia, with a CAGR of +10.8%, 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

In 2021, the export price in Eastern Europe amounted to $X per ton, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in the Czech Republic ($X per ton) and Lithuania ($X per ton), while Romania ($X per ton) and Bulgaria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+5.0%), while the other leaders experienced more modest paces of growth.

Safes And Strongboxes Imports

Imports in Eastern Europe

In 2021, overseas purchases of safes, strongboxes and doors of base metal increased by 45% to X tons, rising for the third consecutive year after four years of decline. The total import volume increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, safes and strongboxes imports soared to $X in 2021. Total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.5% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Hungary (X tons) was the largest importer of safes, strongboxes and doors of base metal, constituting 33% of total imports. Poland (X tons) held the second position in the ranking, followed by Romania (X tons), the Czech Republic (X tons) and Russia (X tons). All these countries together held near 50% share of total imports. The following importers - Slovakia (X tons) and Lithuania (X tons) - each resulted at a 7.6% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +18.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2021, together comprising 64% of total imports. Romania, Slovakia, Russia and Lithuania lagged somewhat behind, together comprising a further 27%.

In terms of the main importing countries, Slovakia, with a CAGR of +19.1%, recorded the highest growth rate of 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 import price in Eastern Europe stood at $X per ton in 2021, picking up by 6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 14%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Slovakia ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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