Peru - Safes, Strongboxes and Doors of Base Metal - Market Analysis, Forecast, Size, Trends and Insights
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Safes And Strongboxes Market Size in Peru
In 2021, the Peruvian safes and strongboxes market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
Safes And Strongboxes Exports
Exports from Peru
In 2021, approx. X tons of safes, strongboxes and doors of base metal were exported from Peru; dropping by -54% compared with the previous year. Over the period under review, exports, however, recorded a perceptible expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 2,182% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.
In value terms, safes and strongboxes exports declined rapidly to $X in 2021. Overall, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2014 with an increase of 2,092% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Panama (X tons) was the main destination for safes and strongboxes exports from Peru, accounting for a 97% share of total exports. It was followed by the Dominican Republic (X kg), with a 1.7% share of total exports. Bolivia (X kg) ranked third in terms of total exports with a 0.6% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Panama stood at +57.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (-3.1% per year) and Bolivia (-38.3% per year).
In value terms, Panama ($X) remains the key foreign market for safes, strongboxes and doors of base metal exports from Peru, comprising 77% of total exports. The second position in the ranking was held by the Dominican Republic ($X), with an 8.1% share of total exports. It was followed by Bolivia, with a 5.3% share.
From 2012 to 2021, the average annual growth rate of value to Panama totaled +53.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+6.0% per year) and Bolivia (-21.3% per year).
Export Prices by Country
The average safes and strongboxes export price stood at $X per ton in 2021, rising by 37% against the previous year. In general, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2019 an increase of 73%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Panama ($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 Bolivia (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Safes And Strongboxes Imports
Imports into Peru
In 2021, supplies from abroad of safes, strongboxes and doors of base metal was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.
In value terms, safes and strongboxes imports surged to $X in 2021. Overall, imports enjoyed slight growth. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X tons) constituted the largest safes and strongboxes supplier to Peru, with a 81% share of total imports. Moreover, safes and strongboxes imports from China exceeded the figures recorded by the second-largest supplier, Chile (X tons), sixfold.
From 2012 to 2021, the average annual growth rate of volume from China stood at +10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+41.8% per year) and Sweden (-38.4% per year).
In value terms, China ($X) constituted the largest supplier of safes, strongboxes and doors of base metal to Peru, comprising 55% of total imports. The second position in the ranking was held by Chile ($X), with a 16% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China stood at +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (+31.9% per year) and Sweden (-13.7% per year).
Import Prices by Country
The average safes and strongboxes import price stood at $X per ton in 2021, picking up by 9.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 33%. The import price peaked in 2021 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+40.1%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the safes and strongboxes market in Peru. 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:
- Peru
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Peru
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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