Report Update May 1, 2025

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

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Iraq: Safes And Strongboxes Market 2025

Safes And Strongboxes Market Size in Iraq

For the fourth year in a row, the Iraqi safes and strongboxes market recorded growth in sales value, which increased by 0.7% to $X in 2021. In general, consumption saw a resilient expansion. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the near future.

Safes And Strongboxes Exports

Exports from Iraq

In 2021, shipments abroad of safes, strongboxes and doors of base metal decreased by 0% to X kg for the first time since 2017, thus ending a three-year rising trend. Overall, exports posted resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 92% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, safes and strongboxes exports fell modestly to $X in 2021. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 80%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X kg) was the main destination for safes and strongboxes exports from Iraq, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +14.2%.

In value terms, Turkey ($X) also remains the key foreign market for safes, strongboxes and doors of base metal exports from Iraq.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +9.3%.

Export Prices by Country

The average safes and strongboxes export price stood at $X per ton in 2021, which is down by -4.1% against the previous year. In general, the export price saw a pronounced setback. The pace of growth appeared the most rapid in 2017 an increase of 81% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to -4.3% per year.

Safes And Strongboxes Imports

Imports into Iraq

In 2021, the amount of safes, strongboxes and doors of base metal imported into Iraq expanded slightly to X tons, growing by 1.7% against the previous year. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by 78%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, safes and strongboxes imports amounted to $X in 2021. Overall, imports recorded a resilient increase. The growth pace was the most rapid in 2018 when imports increased by 69%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

China (X tons), South Korea (X tons) and Turkey (X tons) were the main suppliers of safes and strongboxes imports to Iraq, together comprising 56% of total imports. These countries were followed by the United Arab Emirates, Vietnam, the UK, Iran and France, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +57.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of safes, strongboxes and doors of base metal to Iraq, comprising 37% of total imports. The second position in the ranking was taken by Turkey ($X), with a 13% share of total imports. It was followed by Vietnam, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +39.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+8.3% per year) and Vietnam (+60.4% per year).

Import Prices by Country

The average safes and strongboxes import price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, safes and strongboxes import price increased by +80.6% against 2017 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2020, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.8%), 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 countries with the highest volumes of safes and strongboxes consumption in 2020 were China, the United States and India, together accounting for 51% of global consumption. Russia, Indonesia, Mexico, Germany, Japan, Italy, the Netherlands, South Korea and Thailand lagged somewhat behind, together accounting for a further 28%.

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

The country with the largest volume of safes and strongboxes production was China, comprising approx. 41% 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 occupied by Russia, with a 5.5% share.

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

In value terms, China constituted the largest supplier of safes and strongboxes to Iraq, comprising 41% of total imports. The second position in the ranking was occupied by Turkey, with a 13% share of total imports. It was followed by South Korea, with a 13% share.

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

In value terms, Turkey $765) remains the key foreign market for safes and strongboxes exports from Iraq.

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

In 2020, the average safes and strongboxes export price amounted to $3,172 per ton, rising by 1.6% against the previous year.

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

In 2020, the average safes and strongboxes import price amounted to $2,956 per ton, growing by 19% against the previous year.

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

Iraq

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iraq
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024